Wema Bank Launches Solar-powered Mobile Branch

Wema Bank Plc says it has launched a solar-powered mobile branch to make banking services available to everyone in all parts of the country. Mr Damola Bolodeoku, the

ATMIA Unveils Cash Benefit Campaign for Consumers

The ATM Industry Association unveiled its "WithdrawCashWednesday" campaign Wednesday, an initiative to encourage consumers to increase their cash use during the holiday

Godwin Emefiele, Governor, Central Bank of Nigeria

CBN Bars Banks from Bitcoins, Other Virtual Currencies

Central Bank of Nigeria (CBN), yesterday, banned banks from any transactions in virtual currencies, saying that the move was necessitated by money laundering and

United Capital Plc, Societe Generale, Others Support African SMEs with €77m Fund

United Capital Plc, a leading African investment banking group, has partnered with global financial and corporate institutions to set up a Franco-African Investment Fund

5 Reasons Your Bank Loan Application May Be Denied

An important and viable avenue for businesses to generate capital/funds is via bank loans. Today in Nigeria, the measures for granting loans have been tightened due to

Mastercard Launches ‘2KUZE’ mMarketplace, Digitizes E/Africa’s Agric Sector

Mastercard on Tuesday launched 2KUZE, a digital platform that connects smallholder farmers, agents, buyers and banks in East Africa. 2KUZE, which in Swahili means “Let’s

FXTM Analysis: Volatility Elevated Ahead Of May’s Brexit Speech

Hussein Sayed, FXTM Chief Market Strategist comments on U.K. Prime Minister Theresa May’s has no interest in partial departure which suggests we’re heading towards a “

Heritage Bank Sacks 400 Staff

Heritage Bank has embarked on mass retrenchment of its workers with 400 staff sacked in December. According to investigations on Monday, it was indicated that more

Uche Orji, chief executive of the Nigeria Sovereign Investment Authority (NSIA)

NSIA, GuarantCo Set Up $200m Infracredit Firm

Nigeria Sovereign Investment Authority (NSIA) and GuarantCo have announced the establishment of an infrastructure credit enhancement facility in Nigeria (InfraCredit)

AfDB Appoints Nigerian Director for Energy Financial Solutions

The African Development Bank has announce the appointment of Mr. Wale Shonibare as the Director – Energy Financial Solutions, Policy and Regulation with effect from 9th