First Bank Appoints Ebenezer Olufowose as New Chairman
TymeBank appoints Karl Westvig as CEO
First Bank of Nigeria Appoints Olusegun Alebiosu as Managing Director and CEO
NIBSS Appoints Mastercard’s Former VP Ebehijie Juliet Momoh as MD/CEO of AfriGOPay
UBA’s Group Managing Director Alawuba, Appointed Chairman CIBN Body of Banks CEOs
FCMB Welcomes Ademola Adebise to Its Board of Directors
VertoFX Appoints Dr. Austin Okpagu as Nigeria Country Manager 
Africa’s Leading Venture Capital Leader, Kola Aina Joins EFInA Board
Flutterwave Appoints Former Citi CFO Mitesh Popat, as Chief Financial Officer to Drive Growth And Financial Sustainability
Nigerian Financial Authorities Unite to Simplify Bank Recapitalisation
Emmanuel Ojukwu
- Fintech
- May 15, 2024
- 128 views
Airtel Payment Service Bank SmartCash, Hits 1.5 Million Active Users in March 2024
In March 2024, SmartCash, Airtel’s innovative payment service bank (PSB), announced that it had achieved 1.5 million active users. This information was revealed in the financial results of its parent…
- Fintech
- May 9, 2024
- 58 views
Chipper Cash Resumes US Operations Following Service Pause
Chipper Cash, an African cross-border fintech company, has revealed the relaunch of its operations in the United States, following a three-month hiatus due to a restructuring process. With the resumption,…
- Business Report
- May 8, 2024
- 25 views
Nigeria Orders 1.9 Million PoS Agents to Register With CAC to Curb Fraudulent Transactions
The Federal Government of Nigeria, through the Corporate Affairs Commission (CAC), has mandated 1.9 million Point of Sale (PoS) companies to register their businesses as part of anti-fraud measures. This…
- Fintech
- May 7, 2024
- 53 views
Zenpay, Zenith Bank’s Fintech Arm Teams Up With AfCFTA For Innovative Trade Portal
Zenpay Limited, a subsidiary wholly owned by Zenith Bank Plc, has forged an agreement with the African Continental Free Trade Area (AfCFTA) Secretariat. Together, they will develop and deploy the…
- Economy
- May 7, 2024
- 47 views
Nigeria’s Fiscal and Monetary Reforms Garner Positive Rating Boost from Fitch
Amidst mounting economic challenges in Nigeria, the country’s fiscal and monetary policy reforms have received a significant endorsement from Fitch, a global rating agency. Fitch’s latest review has upgraded Nigeria’s…
- Economy
- May 6, 2024
- 54 views
CBN Directive Spurs Crackdown Amid Concerns Over Money Laundering And Terrorism Financing
The Central Bank of Nigeria (CBN) recent directive have spurred crackdown on bank accounts, amid concerns over money laundering and terrorism financing. Several fintech companies in Nigeria, which includes Opay,…
- Crypto
- May 6, 2024
- 55 views
Nigeria’s Cryptocurrency P2P Market Predicted to Reach $500 Billion Amidst Regulatory Crackdown
In a recent revelation, Nigeria’s Cryptocurrency P2P market is predicted to be worth around Billions of dollars amidst Regulatory Crackdown by the government. This was revealed by Ray Youssef, the…
- Startups
- May 3, 2024
- 43 views
Nigerian Logistics Company Renda Raises $1.9 Million in Pre-seed Round to Expand Across Africa
Nigerian logistics startup Renda, secures $1.9 million in pre-seed round to expand its end-to-end fulfilment solutions across Africa. Per the company’s announcement, the $1.3 million equity investment was spearheaded by Ingressive…
- Business Report
- May 3, 2024
- 50 views
Zimbabwe’s Newly Launched Currency ZIG, Faces Low Acceptance by Citizens
Reports have revealed that the newly launched Zimbabwe currency the ZIG, which was introduced in early April, has been plagued with low acceptance by Zimbabweans. In late April, the Central…
- Banking
- May 2, 2024
- 63 views
Zenith Bank Shareholders Endorse Transition to HoldCo Structure
Zenith Bank Plc shareholders have given their unanimous approval for the bank’s restructuring into a holding company. The decision was reached during a court-ordered Extraordinary General Meeting (EGM) held on,…
