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Access Bank, Intercontinental Merger Adjudged Africa`s Top M&A Deal

Access Bank’s merger deal with the defunct Intercontinental Bank has been judged Africa’s top merger and acquisition (M&A) deal by the Banker Magazine. The Banker Magazine, a member of the Financial Read More →

Wincor Nixdorf Opens Office in Nigeria to Exploit ATM Growth Opportunity

Wincor Nixdorf is opening a new representative office in Lagos, the largest city in the western African country of Nigeria. The company is extending its involvement in Nigeria as part Read More →

Going Cashless: UBA Launches “All About U” Debit Card

United Bank for Africa (UBA) Plc has introduced a personalised debit card called the UBA “All About U” Card which allows Customers carry around their fond memories while using their Read More →

Nigerian Metropolitan Transport to Upgrade to e-Ticketing System

The many hiccups in the use of paper tickets on the Bus Rapid Transit (BRT) and Bus Franchise Scheme (BFS) will be eliminated with the soon-to-be-deployed e-ticketing system, Dr. Dayo Read More →

Interswitch Signs Strategic Alliance with UnionPay

Interswitch Transnational, a leading pan-African integrated payments company with operations in Nigeria and a growing presence in West and East Africa, announces that its Switching and Processing division (“Interswitch S Read More →

Nigeria’s Access Bank To Focus On Retail Business

Nigeria's Access Bank aims to grow its customer base to 15-20 million across its African markets by 2018, from around 6 million now, as it shifts its focus to retail Read More →

Aftab Currency Extends its Remittance Network to Kenya, Nigeria and Cameroon

Aftab Currency Exchange, a remittance and foreign exchange brand with a presence in three continents, has strengthened its bonds with Airtel Communications, a leader in global payments services to extend Read More →

Silvertree Capital Invests in Nigerian E-Commerce Retail Companies

Cape Town based Silvertree Capital an Africa-focused business builder and venture capital investor, has recently invested in two of Nigeria’s largest e-commerce sites, Sunglasses.com.ng and Glamour.com.ng. Both of these leading e-commerce Read More →

Cashless Nigeria – Successes and Setbacks

‘Cashless Nigeria’ is a project that was launched by the Central Bank of Nigeria last year in an effort to promote alternative payment methods in Nigeria and reduce the levels Read More →

Diamond Bank launches Branchless Banking on BankOne

Nigerian banking behemoth Diamond Bank has intensified its focus on delivering financial services to the under-banked in the informal sector by launching its "branchless banking" service on BankOne, a mobile Read More →
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