FBN Holdings Plc Announces Major Leadership Appointments
Jumia Nigeria Announces Juliet Anammah as New CEO
Jumia Nigeria, Africa Internet Group’s (AIG) biggest company on the continent. Juliet is taking over from former Co-CEOs Jeremy Doutte and Nicolas Martin, who are taking the reins of Jumia Global across the 11 African countries in which the group operates. “Juliet brings strong leadership capacity and a consumer driven mindset honed from her experience
GTBank Introduces Innovative Payment Solution
Foremost African financial institution, Guaranty Trust Bank plc has reaffirmed its position as a leading provider of e-payment solutions with the introduction of a new service that allows customers receive Western Union funds directly into their GTBank account via any of the Bank’s Automated Teller Machines (“ATMs”) in Nigeria. The service is also available on
Ecobank Transnational Incorporated Announces Leadership Change in Largest Subsidiary
Ecobank Transnational Incorporated (ETI) announced a leadership change in its largest subsidiary, Ecobank Nigeria Limited. By the Bank’s internal policy, Mr. Jibril Aku, the current Managing Director of the subsidiary, having concluded his five-year tenure as managing director, will step down from his current role at the end of this year. Mr Aku will take
UBA Introduces Card Payments with Contactless Cards
United Bank for Africa (UBA) is changing the payments landscape in Nigeria with the introduction of contactless payment cards. The contactless payment cards offer UBA customers an easier and more convenient hassle-free way to pay for goods and services. It is the latest innovation from the digital banking division of pan-African financial services UBA, which has built
Ecobank Nigeria LTD Selects Deutsche Bank’s Export Credit Guarantee Program for Trade Financing
Deutsche Bank and Ecobank Nigeria LTD announced the signing of a Memorandum of Understanding (‘MOU’) to expand their trade finance relationship. Under the terms of this MOU, Deutsche Bank will provide export credit guarantee program GSM-102 to Ecobank Nigeria. The Bank’s offering of a GSM-102 program will guarantee credit to encourage financing of commercial exports
UBA’s Oduoza Wins CEO of the Year Award at Investment Summit in New York
Group Managing Director and CEO, UBA Plc, Mr. Phillips Oduoza has emerged the 2015 Ai Socially Responsible Investment (SRI) 30 CEO of the year at this year’s 8th annual Ai CEO Investment Summit. This is the second time he is winning the award after winning it first in 2013. He was named the winner from
SimbaPay Banking App Wins DEMO Africa 2015
SimbaPay – a leading digital money transfer provider – was on Friday, 25 Sep 2015 announced as the winner of the prestigious DEMO Africa 2015 event which was held in Lagos, Nigeria. SimbaPay now automatically qualifies for the global DEMO event that will be held in Silicon Valley, USA. At DEMO Africa 2015, SimbaPay showcased
Tempo Money Transfer Starts Operations in 6 African Countries
The Paris-headquartered remittance provider, Tempo Money Transfer started operations in 6 African countries, launching its collaborative project with the British-based operator Jalloh Enterprise. Now customers can send money from Tempo’s Paris store, or its agent locations in France and Germany and collect the cash in Jalloh’s locations in Guinea, Senegal, Gambia, Nigeria, Mauritania and Sierra

