09/26/2022
Lenders have been leveraging on digitisation to cut overheads, and at the same time increase their non-funded income through the fees that use of these alternative banking channels generate.
09/26/2022
Its profit before tax rose marginally by 0.42 per cent to N97.791 billion from N97.379 billion reported in 2021.
09/23/2022
Co-operative Bank also led in the category of the Most Innovative Bank
09/23/2022
With an insurance subsidiary called Affrissur SA, the transaction will provide a good platform for KCB to diversify its offerings in the region.
09/22/2022
The six countries selected for the first phase of documentation and pilots are: Nigeria, Ghana, Sierra Leone, Guinea, Liberia and Gambia.
09/22/2022
The development comes on the back of foreign exchange scarcity — affecting key sectors — which the country is currently battling.
09/21/2022
Now, the firm is looking to strengthen its market position in Kenya’s payments ecosystem with setting up a domestic switch later this year.
09/20/2022
Underpinned by strong transactional activity and revenue growth across product lines, industry sectors and banking franchises, combined headline earnings grew 19% (R48.3 billion) when compared to the year before, said PwC.
09/19/2022
Referred to as the ‘big five’, these firms go beyond retail offerings
09/19/2022
The MPR was moved to 14 per cent in July 2022.
09/19/2022
He emphasised the digital strategy of the Exchange and its commitment to leveraging technology to drive retail participation and increase liquidity in the market.
09/16/2022
Economic growth in the third and fourth quarters of the year will fall below 1%, according to central bank forecasts.
09/16/2022
The bank has a future and we will continue to ensure that the shares of UBA continue to grow.
09/16/2022
The new group managing director of UBA, Oliver Alawuba stated this at the Bank closing gong ceremony on the floor of the Nigerian Exchange (NGX) Limited.
09/15/2022
Transactions index fell for a third straight month in August
09/15/2022
“Flutterwave provides technology, infrastructure, and services to enable global businesses, payment service providers and Pan-African banks to accept and process payments on any channel (Web, Mobile, ATM & POS)”
09/14/2022
The sender does not need to have an Orange Money account; they are only required to have a registered Orange SIM card.
09/13/2022
He said that more products have called for a larger pool of tech and data experts.
09/09/2022
The interest expenses was valued at N79.9 billion in the first half of 2022 from the N74.6 billion in the first half of 2021 as the banks recorded more deposits from customers during the period while the net interest income stood at N177.46 billion.
09/08/2022
He said Africa was resolute about its economic advancement and would not stop. “Adaptation in Africa is like climbing a mountain.