22 results
- 1 May 2026
Opay Plans IPO in US, Targets $4Bn in Valuation
Opay, a financial technology (fintech) firm, is working with Citigroup Inc., Deutsche Bank AG, and JPMorgan Chase & Co. for an initial public offering (IPO). According to a report by Bloomberg on…
- 6 Feb 2018
Big Banks Ban Purchases of Crypto Assets with Credit Cards
The two largest U.S. banks, JPMorgan Chase and Bank of America, have announced that they will no longer allow cryptocurrency purchases on credit cards they have issued. The ban went into effect on…
- 1 Mar 2017
MS, Intel, others form Blockchain Alliance
JPMorgan Chase & Co, Microsoft, Intel and more than two-dozen other companies have teamed up to develop standards and technology to make it easier for enterprises to use blockchain code Ethereum…
- 27 May 2015
Cost of Data Breaches Increasing to $3.8M – Report
The cost of data breaches is rising for companies around the world as sophisticated thieves target valuable financial and medical records, according to a study released yesterday. The total average…
- 5 Mar 2014
US Freezes Abacha’s $458m Loot
United States said Wednesday it had ordered a freeze on $458 million in assets stolen by former Nigerian dictator Sani Abacha and his accomplices and hidden in European accounts. The Justice…
- 26 Feb 2020
IHS Eyes $7Bn from Africa’s Biggest IPO
IHS Holding Ltd., wireless towers operator has hired banks to oversee what may be the biggest initial public offering of an African company in the U.S., according to people with knowledge of the…
- 11 Aug 2017
Microsoft Unveils Technology to Speed up Blockchain
Microsoft is working on technology that it believes can make blockchain-based systems faster and more private, as it looks to speed up use of the distributed database software by enterprises. The…
- 5 Feb 2018
Bitcoin Extends Slide with a More than 10% Fall
Bitcoin, the world’s best-known cryptocurrency, fell more than 10 percent on Monday and approached three-month lows on concerns about a global regulatory clampdown on the trading of the digital…
- 21 Jul 2019
Interswitch Reignites Plans to Raise $1Bn from IPO
Interswitch, Nigeria’s leading payments processing company has reignited its plans for an initial public offering (IPO), via a dual listing on the Nigerian Stock Exchange and London Stock Exchange…
- 13 Feb 2020
Contactless Payments Tripling by 2024 - Report
Juniper Research reports that contactless payments will triple to $6 trillion worldwide by 2024, from about $2 trillion this year, as OEM mobile wallet transactions increase and banks expand the use…
- 14 Apr 2020
Caution Kicks In as Corporate Earnings Loom
By Lukman Otunuga, Senior Research Analyst at FXTM Caution and unease are set to engulf financial markets ahead of one of the most uncertain earnings seasons for years, as it is expected to offer a…
- 14 Sept 2020
Yomi-Ajayi, UBA USA CEO Appointed to US EXIM’s Sub-Saharan Africa Advisory Committee
Sola Yomi-Ajayi, the CEO of the United Bank for Africa (UBA)’s operations in the United States, has been appointed to the Export-Import Bank of the United States (US EXIM) Committee on Sub-Saharan…
- 12 Apr 2024
Financial Firms Lost $2.5Bn To Cyberattacks in 4 Years – IMF
Financial firms have reported significant direct losses, totaling almost $12 billion since 2004 and $2.5 billion since 2020, the International Monetary Fund (IMF) has disclosed. In its April 2024…
- 18 May 2025
Access Holdings Sets Benchmark in Fraud Prevention With ₦193.5Bn Tech Investment
As global financial fraud surges to over $485 billion in annual losses, Access Holdings PLC is setting a new standard in Africa’s banking industry through aggressive and strategic investment in…
- 12 Jun 2026
Elon Musk Makes History as the World’s First Trillionaire
Tech entrepreneur and SpaceX founder, Elon Musk, has become the world’s first trillionaire after the successful public listing of SpaceX pushed his net worth beyond the $1 trillion mark. Elon Musk…
- 5 Feb 2014
Microsoft Board Names Satya Nadella as CEO
Microsoft Corporation on Tueday announced the appointment of Satya Nadella that its board of directors as the chief executive officer and member of the Board of Directors effective immediately.…
- 18 Aug 2026
Standard Bank Targets Stake in OPay Ahead of IPO – Report
Africa’s largest bank by assets, Standard Bank Group is in negotiations with Nigerian fintech company OPay ahead of the latter’s planned initial public offering (IPO) in the United States.
- 8 Apr 2015
The Big Guns: 2014 Worldwide Top 10 IT Spenders Dole out $895Bn
International Data Corporation (IDC) estimates that, including internal spending, the world's largest companies spent $895B on technology in 2014. IT vendors of all flavors long to harness a share of…
- 4 Aug 2015
ISPON Urges Nigerian Banks to Invest in Tech Startups
The Institute of Software Practitioners of Nigeria (ISPON), an umbrella body for indigenous software companies in the country, has recommended that Nigerian banks should emulate their foreign…
- 23 Oct 2015
Nigeria Plans $25Bn Fund to Stave off Recession
Nigeria plans to create a $25bn fund with public and private financing to modernise infrastructure and avoid a recession, Vice President Yemi Osinbajo has said. The halving of oil prices since last…
- 7 Sept 2016
Dell, EMC Merger Sealed, Done
Dell Technologies has announced completion of the acquisition of EMC Corporation, creating a unique family of businesses that provides the essential infrastructure for organizations to build…
- 7 Apr 2017
Financial Institutions Risk Revenue Loss from Fintech
Large financial institutions across the world could lose 24% of their revenue to financial technology companies over the next three to five years, according to a new study by PricewaterhouseCoopers…