…outlook for artificial intelligence (AI)-related stocks. According to the publication, financial services companies listed on the Nigerian Exchange (NGX) have driven much of the market's gains, with Fortis Global Insurance Plc delivering a return of about 1,400 percent in dollar terms this year. Also, unlike South Kore…
…as Nigerian financial institutions position themselves for the next phase of digital financial services, with Open Banking expected to reshape how banks, fintechs, and other financial service providers share customer data and deliver innovative products under a regulated framework. The nine-day programme, organised by…
…a more sustainable and connected Africa. The telecom operator, which provides mobile and financial services across 14 African countries, said responsible growth remains central to its strategy as it expands connectivity and digital services across the continent. "Our focus is on creating long-term value by balancing bu…
HabariPay, the fintech subsidiary of one of Nigeria’s largest financial services groups, processed ₦80.9 trillion ($59.04 billion) in payments in 2025, almost three times the value it handled in the previous year. Now, it wants to build on that growth by deploying 200,000 Point-of-Sale (PoS) terminals nationwide, incre…
…on infrastructure located thousands of kilometres away.” The benefits extend beyond financial services. Once sufficient cloud infrastructure is in place, government agencies, telecom operators, healthcare providers, and manufacturers could all leverage the same ecosystem. “Financial services is the wedge,” Agogbua said…
…as a non-executive director of UBA and previously held senior executive positions in the financial services sector. The retirement comes in line with the Central Bank of Nigeria’s revised Code of Corporate Governance for banks and financial holding companies, introduced in July 2023, which prescribes a maximum tenure o…
…with Uganda. Kirkley said the company is not positioning itself at the consumer layer of financial services, but lower down the stack, where settlement rails, issuance, and transfer infrastructure are defined. He argued that Africa's next financial infrastructure race will not be fought over consumer apps or mobile wal…
…virtually every sector of the economy, from agriculture and logistics to healthcare and financial services,” said Maxime Bayen, general partner at Catalyst Fund. “Investors increasingly recognize that businesses helping people and industries adapt to climate change are addressing large, growing markets with strong comm…
…services as digital identity becomes increasingly central to accessing healthcare, financial services, and government social programmes. By embedding stronger privacy protections and expanding identity access for underserved populations, the Act lays the legal foundation for a more secure and inclusive identity system.…
…were either financially distressed or no longer performing their core role of providing financial services to underserved individuals and small businesses. Financial stability drive The CBN described the latest action as part of its broader supervisory strategy to strengthen confidence in Nigeria's financial system by…
…of IFRS Sustainability Disclosure Standards. These organisations cut across banking, financial services, manufacturing, industrial goods, consumer goods, oil and gas, telecommunications, insurance, fintech and even the SME sector. To support this transition, the Financial Reporting Council has organised over 47 trainin…
…value in 2025, can now distribute tokenised investment products alongside its existing financial services. The company is positioning itself to power the financial products that other businesses offer, not just the ones it provides directly. "My desire is to see Africans participate fully in global commerce and grow th…
…and its Home and Office Smart Connect broadband platform. The operator also expanded its financial services business, with Airtel Money’s market share rising from about 2% to 11% over the four years, according to company figures. Data from the Communications Authority of Kenya for the quarter ended March 2026 shows Air…
…persons. Financial institutions were further instructed to ensure that no funds, financial services, or economic resources are made available, directly or indirectly, to the designated individuals or entities. Get up to speed The directive follows recent sanctions imposed by the United States government on Mukhtar Muha…
"All financial services should report by default. It happens in Kenya. All brokers," he said. Also weighing in, Arnold Dublin-Green, Managing Director and Chief Executive Officer, Asset Management at Renaissance Capital Africa, argued that traditional banks operate under heavier regulatory requirements than fintechs. A…
…centre, often nicknamed the "Silicon Savannah" for its dense cluster of start-ups and financial services firms. That reputation continues to draw migrants from across Kenya and the wider East African Community, fuelling growth that outpaces most of North Africa's cities. Its impressive 3.52% growth rate in 2026 proves…
…prior week to 3.075 billion, turnover rose to N254.614 billion from N207.521 billion. Financial Services dominated volume, accounting for 2.074 billion shares or 67.44% of total equity turnover, while Access Holdings, Sterling Financial Holdings, and Jaiz Bank together accounted for 819.234 million shares worth N12.247…
…documents, responding to emails, managing the spillover that comes with a demanding financial services role. He has a wife and two children. When he returns home on most evenings, dinner is already on the table and the children are close to bedtime. "I see them for maybe an hour before they sleep," he says. "On weekend…
…which he said would be owned and driven by cooperative societies to provide affordable financial services and support economic activities within the sector. Earlier in his welcome address, the Provost of the Federal Cooperative College, Kaduna, Dr. Awwal Ibrahim Mohammed, described cooperative education as a vital inst…
…commercial and economic centre and is increasingly attracting investments in technology, financial services, innovation and entrepreneurship. He explained that the Omi Eko Project is a key component of the state’s plan to develop an integrated transportation network that combines road, rail and water transportation. Th…
…across those corridors. But in recent months, it has also begun to push deeper into the financial services that sit atop those transactions. In February, it launched a remittance-based credit-scoring platform designed to help Kenyan banks use diaspora remittances to assess borrowers with little or no formal credit hist…
…communities. Prince Abimbola Olashore is a Chartered Accountant and an accomplished financial services leader with over three decades of experience spanning banking, investment management, and corporate advisory. He is currently the Founder and Chief Executive Officer at Lead Capital Plc, and has held numerous senior l…
…acquisition tool, M-KOPA is increasingly making money from lending, insurance, and other financial services built on the repayment data generated by those devices, and serving customers underserved by traditional lenders. “So, when we are selling to our customer, we are not selling them a phone,” Faraimose Kutadzaushe,…
…of Basel III capital reform, the Bank Policy Institute, American Bankers Association, Financial Services Forum, U.S. Chamber of Commerce, and Consumer Bankers Association have jointly asked federal regulators to cut the capital requirements that backstop the American banking system. Their request is large, the justific…