Tuesday, March 19, 2024
Exciting news for African traders! The Ecowas Loading Point in Ebute Ero, Lagos, a central hub for West African trade, is witnessing a significant development that promises to revolutionize cross-border transactions. A strategic partnership between MoMo PSB, and the West Africa Association for Cross-Border Trade in Food,...
Users of the PalmPay app can now enjoy unlimited free transfers to all banks in the country and also customize their savings plan to suit their preferred savings amount, duration and frequency In its continued drive for financial inclusion across Nigerian communities, Africa-focused fintech...
Abbey Mortgage Bank, a leading institution in the mortgage industry, proudly commemorates its 32nd anniversary. Over the past three decades, Abbey Mortgage Bank has evolved into a beacon of excellence, driving positive change and making a lasting impact on individuals and communities alike. Since...
FBNQuest, the investment banking and asset managementsubsidiary of FBN Holdings Plc recently published the FBNQuest Research Economic OutlookReport. The report indicates that Nigeria's Gross Domestic Product (GDP) is projected to growby 3.1% in 2024.The report outlines the firm’s perspective on the macro economy, socio-politicalenvironment, and capital market...
Successful female business entrepreneurs, have advised Small and Medium Scale Enterprises (SMEs) operators and would-be business owners to focus on meeting specific needs and self-development to create a path towards building prosperous brands in the short and long-term. Speaking during the Women’s Day edition...
Access Bank, one of Nigeria’s largest banks by customer base and with a global footprint beyond Africa, has launched the “YouThrive” initiative, which targets to empower 700,000 MSMEs in the country through a $50 billion loan. Victor Etuokwu, Deputy Managing Director, Access Bank, announced...
In a bid to boost start-up capital and place more resources at the disposal of aspiring young entrepreneurs in Nigeria, retail lender, Unity Bank Plc has increased the prize money for winners of its flagship Entrepreneurship Development Initiative, known as Corpreneurship Challenge to 16 million Naira per...
Four African banks, Equity Bank (92.46), First National Bank (92.29), and Kenya Commercial Bank (91.47), have secured positions among the top five strongest banks, according to Brand Finance's most valuable brand list. Additionally, Capitec, with a score of 89.08, has claimed the seventh spot on the prestigious...
The Bank of Ghana has suspended the Foreign Exchange Trading Licences of two Nigerian-owned banks, Guaranty Trust Bank Ghana Limited and FBNBank Ghana Limited. The suspension takes effect from March 18, 2024, for one month. The suspension was announced in a...
MoneyMaster PSB, the mobile banking app of MoneyMaster Payment Service Bank Limited (MMPSB), Nigeria's leading payment service bank, has continued to excite users across the country.MoneyMaster PSB recently introduced a mobile banking app for the convenience of its existing and new customers. The mobile banking app provides...