Money and Finance

Fidelity Bank released audited FY 2019 results yesterday. Net profits were up 24.0% y/y to N28.4bn (US$74.7m), 10.4% ahead of

The devaluation of the Nigerian naira will put pressure on the assets of lenders struggling to raise asset quality to

Cryptocurrencies saw a sharp bounce higher after violent selling in the past two weeks despite equity markets not showing big

Cryptocurrency markets plunged following a plummet in oil prices and further sell-off in stocks.  The market capitalization or entire value

Facebook is reportedly rethinking its plans for its own libra digital currency after resistance from regulators. It is now considering

IFC, a member of the World Bank Group, announced a $40 million Trade Finance Guarantee facility to Coronation Merchant Bank

Carbon, the Pan-African digital financial services company, has introduced a USSD service to its platform, making it even easier for

In tech circles, it feels like Silicon Valley has been around forever. But in reality, the region’s first big venture-backed

The leading pan-African bank, Ecobank (www.Ecobank.com), has signed a cross-border remittance agreement with Alipay, the world’s leading payment and lifestyle

Carbon, Nigerian digital financial services company, has unveiled an iOS app, making it the first digital lender in Africa to

United Bank for Africa (UBA) Liberia, in partnership with Orange, launched the Mobile Money Push and Pull Service for their

Union Bank of Nigeria Plc. (“Union Bank”) today announced that it has entered a share sale and purchase agreement to

Nigeria’s fintech and payment startup, Flutterwave has raised about $35 million series B funding from Worldpay FIS. In a statement,

Standard Chartered has announced the launch of SC GPI Track, a publicly accessible portal that offers the ability to trace

Bitcoin’s not yet having a happy new year. A sell-off in the largest digital token pushed the price below $7,000

In October 2019, during the tenth Africa Forward Together (AFT) forum in Mauritius and spearheaded by Mauritius Commercial Bank (MCB)

Financial Inclusion Awards (FIA) recognises, celebrates and rewards outstanding achievement and innovative financial practices, which make financial services accessible to disadvantaged Nigerians.

The Managing Director of First City Monument Bank (FCMB), Mr. Adam Nuru, has called for vigilance and concerted efforts among

Migo, a San Francisco, Calif.-based fintech startup with a cloud-based lending platform, announced this morning it has raised $20 million

Driven by the belief that everyone deserves the benefits of a modern connected life, MTN is ramping up its efforts

What a tough month it has been for bitcoin. The world’s most popular cryptocurrency, Bitcoin, sank to $6,558.14 on Monday,

Apple’s credit card got a lot of attention when the company first unveiled it earlier this year, not least because

Ecobank Transnational Incorporated has become an official Signatory to the UN Principles for Responsible Banking: a single framework for a

But to make the most of their trip in 2019, students would do well to keep in mind those budget

Airtel Africa (Airtel.Africa), a leading global telecommunications services provider with operations in 14 countries across Africa, and Ecobank Transnational Incorporated (“ETI”)