African revenues have recovered and are now higher than prepandemic levels, driven by sustained volume increases, higher interest rates, and stable risk costs.
African banks have experienced a strong recovery in profitability, with average ROEs up from 12% in 2020 to 15% forecast for 2022
Access bank gives its "closa agents" solar-powered fiber kiosks to enhance operations
Suspicious transactions jumped 23% in the first quarter of 2022 to over N150 trillion
The National Theatre looks astonishing as the first phase of the Central Bank-led rehabilitation reached its conclusion.
Strategic Capital Investment Limited (‘SCIL’) is pleased to announce that as part of the change in ownership, SCIL has appointed a new independent Board of Directors...
The Central Bank of Nigeria (CBN) has completed the sales of Polaris Bank to Strategic Capital Investment Limited (SCIL), a new core investor.
Moody's has placed Guaranty Trust Bank Limited, FCMB Limited, Fidelity Bank and other six Nigerian banks on review for possible downgrade of their long-term deposit ratings...
Network providers have threatened to halt the Unstructured Supplementary Service Data (USSD) offered to the financial institutions operating in the country due to N80 billion unpaid...
The value of mobile transactions rose to N11.10 trillion in eight months, signifying a drastic change from the teller and cheque payments.