Nigeria’s financial inclusion rose to 74% in 2023, according to the latest Access to Finance Report launched by the non-governmental organization Enhancing Financial Inclusion and Access....
Somalia has successfully negotiated the cancellation of $4.5 billion in debt with international lenders, marking a pivotal moment in the nation’s journey toward economic recovery. The...
The Central Bank of Nigeria (CBN) has taken decisive action by suspending the processing fees of two percent and three percent previously levied on cash deposits...
Access Bank UK, the wholly owned subsidiary of Access Bank PLC, has received approval from the Hong Kong Monetary Authority to commence formal banking operations in...
Ethiopia stands at the precipice of default as a looming $33 million bond interest payment deadline approaches. The East African nation, grappling with a fragile external...
Move Aims to Address FX Scarcity Challenges and Enhance Customer Service
The Managing Director of Unity Bank Plc, Mrs. Tomi Somefun has called for comprehensive policy actions that will dismantle the structures that enable gender-based violence in Nigeria. At...
Banks in Nigeria have received a directive from the Nigeria Inter-Bank Settlement System (NIBSS) to disconnect Switches, Payment Solution Service Providers (PSSPs), and Super Agents from...
Falcon Corporation Limited, a prominent player in Nigeria’s energy sector, has successfully secured a N19.41 billion debt facility from the Chapel Hill Denham Nigeria-managed Infrastructure Debt...
The Nigerian financial market showcased robust trading activities, dominated by the financial services sector. Despite this upbeat activity, investors witnessed a net loss of N90 billion...
