Mastercard Appoints Folasade Femi-Lawal as the New Country Manager for West Africa

Mastercard, a leading company in digital payments and technology, is pleased to announce the appointment of Folasade Femi-Lawal as the new Country Manager and Area Business Head for West Africa. With over 25 years of multifaceted experience spanning financial services, management consulting, telecommunications, and business advisory services, Folasade brings a wealth of knowledge and expertise

enza group and Wema Bank Join Forces to Boost Ecommerce Payment Acceptance

enza’s innovative Payment Orchestration will enable Wema Bank to provide secure and reliable payment options at a reduced cost enza, the acclaimed new disruptor in the African payments market today announced its strategic partnership with Nigeria’s most innovative bank, Wema Bank. Through this partnership, enza will engineer its innovative payment orchestration solution to expand Wema’s

Stanbic Commits to Local Business Growth

Stanbic Bank says it is committed to focus on the growth of local businesses and is well positioned to offer fit for purpose banking services to local businesses in the country. Speaking during his country visit to Zambia, Standard Bank Chief Executive Officer for Business & Commercial Banking, Mr Bill Blackie said that Standard Bank,

Ecobank Wins Coveted Euromoney Award as Africa’s Best Bank for SMEs

Ecobank, the leading pan-African Banking Group, has been named Africa’s Best Bank for SMEs (small and medium-sized enterprises) by the prestigious Euromoney Awards for Excellence for the second year running, having also won the accolade in 2022. Jeremy Awori, Chief Executive Officer, Ecobank Group, said: “This award reflects Ecobank’s absolute commitment to supporting African SMEs

Ecobank Group and PAPSS Partner to Enhance Cross-Border Payment Across Africa

Mr. Jeremy Awori, Chief Executive Officer of Ecobank Group, and Mr. Mike Ogbalu III, CEO of PAPSS signed the Memorandum of Understanding on June 19, 2023, in Accra, Ghana. Ecobank Group, the leading pan-African banking Group, and The Pan African Payment and Settlement System (PAPSS) have signed a Memorandum of Understanding (MoU) to facilitate settlement

FirstBank Introduces the First Humanoid Robot, Reinforces Its Commitment to Providing Innovative Financial Solutions for Customers

FirstBank has launched an industry first Humanoid Robot at its Adetokunbo Ademola VI, Lagos Digital Experience Centre (DXC) Branch The robot is among the phased configuration of the bank’s state-of-the-art digitally led self-service branch The Humanoid Robot is equipped with Video Banking and Artificial Intelligence (AI), taking on the role of a friendly branch staff

PalmPay Unveils New Savings Feature with up to 20% Annual Percentage Rate (APR)

PalmPay, a leading Nigerian financial platform, has unveiled its latest product – a high yield savings feature which offers its customers the opportunity to earn up to 20% annual interest rate Flexible and fixed-term savings are now available on the PalmPay app, enabling its customers to earn up to 20% annual interest rate; the company

GCB Bank Posts Strong Performance in 2022 Despite DDEP and is Poised For Growth in 2023 and Beyond

GCB Bank PLC (GCB) has announced its full-year (FY) 2022 financial results highlighting the Bank’s strong performance despite the impact of the Domestic Debt Exchange Programme (DDEP). Total Operating Revenue grew by 24 percent to GHS 3.0 billion. This was underpinned by broad based growth across all the key revenue lines. Net interest income was

Walking the Regulatory Tightrope: Striking a Balance For Fintech Innovation and a Healthy Industry – Ukheshe

Between 2020 and 2021, the number of tech start-ups in Africa tripled to around 5,200 companies. Just under half of them were fintechs, making it the fastest-growing start-up industry in Africa. Their success is due to several trends such as the digital boom during the pandemic and increasing smartphone ownership and internet coverage, as well

FirstBank Wins Financial Institution of the Year at the Afrexim Bank Pan-African Business and Development Awards

The award was bestowed on FirstBank in recognition of the Bank’s role in promoting trade and investment endeavours across the continent. With its subsidiaries across the FirstBank Group, FirstBank has continued to play a leading role in boosting cross-border businesses, including trade and investment opportunities, essential to enhancing trade relations amongst countries. In 2021, the