…his investment in First HoldCo Plc after acquiring another 147.74m shares in the financial services group for N20.7bn. The transaction, executed on 14 August at N140 per share, was conducted through Calvados Global Services Limited, an investment vehicle associated with the billionaire businessman. The latest purchase…
…participate in the formal economy. For businesses, formalisation can improve access to financial services, credit, insurance, government programmes and procurement opportunities. For the government, it can provide better information on economic activity and improve its ability to design targeted policies. Digital platf…
…figures are influenced by its small population and large cross-border workforce. Financial services and public administration remain important sources of employment. Croatia continues to recover from earlier economic difficulties, with tourism playing a major role in job creation. Youth unemployment remains a challenge…
…with more than 2,500 percent growth in wealth over the past eight years, as the financial services group continues to strengthen its earnings, dividend capacity and business operations following a major transformation since 2018. The company’s shares, which traded at about N3.30 in July 2018, have risen substantially o…
…with the All-Share Index at 166,129.50 points, driven by broad gains across most sectorsFinancial Services stocks led trading activity, accounting for over 67% of total turnover volume during the weekNCR (Nigeria) Plc topped the gainers list with a 60.79% price jump, while Ikeja Hotel led the decliners with a 12.38% dr…
OPay is a Nigerian fintech company that offers financial services to the banked and unbanked. The mobile money operator is licensed by the Central Bank of Nigeria (CBN). Some financial services include mobile money transfers, savings, and bill payments. OPay bank has not sort code, but has a master USSD code *955# for…
…gives citizens legal identity and improves access to healthcare, education, passports, financial services and other government programmes. How to apply for a birth certificate Applicants can begin the process by visiting the NPC self-service portal. According to the commission, birth registration for children under fiv…
…Middle East's largest private conglomerates, with interests in automotive, real estate, financial services, healthcare, and technology.The group is the exclusive distributor of brands including Toyota, Lexus, Honda, Volvo, and Jeep in the UAE and other markets. It has also developed major mixed-use projects such as Dub…
…4.433 billion shares valued at N306.143 billion in 255,589 deals the week before.The Financial Services industry dominated activity, accounting for 3.918 billion shares valued at N271.428 billion in 123,514 deals. Top gainersCritical Minerals Financing Corp Plc emerged as the week's best-performing stock after gaining…
…leadership, to drive the empowerment of bold, transformational professionals for the financial services industry. Execution is everything in this game, and execution is a leadership problem before it’s anything else. If we want Nigeria’s digital economy to compete globally, we can’t outsource the people who run it; we…
…cannot survive without absolute user confidence, noting, “When people trust digital financial services, they use them more confidently. That trust becomes the true foundation for long-term economic growth.” Detailing the architecture beneath the surface, the Chief Operating Officer and Chief Technology Officer, Dotun A…
…fintech, agriculture, manufacturing, energy transition, gas infrastructure, and financial services.” “Nigeria currently hosts five of Africa’s nine technology unicorns,” he pointed out, underlining that this statistic “highlights the massive scale and potential of our growing digital economy.” The minister also highlig…
…had led many banks to close the accounts of non-profit organisations or deny them financial services due to concerns about breaching anti-money laundering regulations. “Government over-regulation and the complexity of terrorist financing controls have led some banks and financial institutions to de-risk from servicing…
…owned by women, remain constrained by limited access to capital, business training and financial services. The financing gap for women-led businesses globally remains a major barrier to growth, limiting their ability to invest, hire workers and expand operations. Rather than relying on a single solution, the partnershi…
…around. In an industry moving into 5G, fibre, cloud connectivity, streaming, digital financial services, artificial intelligence and enterprise solutions, truth is more useful than exaggeration. Nigeria should welcome that. The NCC clean-up did not mean Nigerians stopped needing telecoms. It meant the industry had to s…
…AI will determine which companies can deliver faster, safer and more personalised financial services at scale. Speaking during a keynote titled “The African Fintech Frontier: Leveraging AI to Unlock a Unified Digital Economy,” Dotun Adekunle, OPay’s chief operating officer and chief technology officer, said Africa has…
…stocks.Bloomberg noted that Nigeria's market rally has largely been driven by financial services companies listed on the Nigerian Exchange, with Fortis Global Insurance Plc recording an estimated 1,400 per cent return in dollar terms this year. Unlike South Korea, where technology and AI-related firms dominate the mark…
…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…