Guaranty Trust Holding Company Plc (GTCO Plc) acquires the Mutual Fund and Pension Subsidiaries of Investment One

Posted on by Staff Reporter | 8984 Views | 11 min read

Financial Services Limited; Investment One Funds Management Limited and Investment One Pension Managers Limited Guaranty Trust Holding Company Plc (GTCO Plc or the Group) (GTCOplc.com), a diversified financial services provider, notified the Nigerian Exchange Group (NGX) and the investing public that GTCO Plc has concluded the acquisition of the 100% equity stake in Investment One

Stanbic IBTC Opens New Branch in the Lekki Free Trade Zone

Posted on by Staff Reporter | 9241 Views | 9 min read

Stanbic IBTC Bank PLC, a member of Standard Bank Group, has opened a new branch in the Lekki Free Trade Zone (LFTZ), Ibeju-Lekki axis of Lagos State. The new branch will serve the banking and pension needs of the financial institution’s current and prospective clients along the LFTZ corridor and environs. Demola Sogunle, Chief Executive

Firstbank’s SMEconnect Portal could be the Differentiator for SMEs in Nigeria

Posted on by Staff Reporter | 9833 Views | 20 min read

Over a hundred years since banks came into Nigeria, services rendered to small and medium scale businesses were limited to core banking services and transactions. However, those that cared to look further were able to stand the test of time, reinventing themselves with cutting edge financial services that remain key to sustaining its relevance to

Digital Transformation in Banking needs to Underpin Improved Communication to Enhance the Customer Journey

Posted on by Staff Reporter | 7980 Views | 19 min read

As customer demand for richer engagement with brands continues to grow, it is becoming crucially important for banks to be where their customers are, ensuring that they are more accessible, diligent and responsive to ever-evolving customer needs. The increasing customer shift to online banking has spurred the need for banks to digitally transform and remain

Halo Dot | Contactless Payments the Future of African Micro-Payments

Posted on by Staff Reporter | 19158 Views | 12 min read

While cash was always considered to be king, that is no longer the case with consumers across Africa moving to alternative payment methods for convenience and safety reasons. Tap to pay has emerged as one such option. It uses short-range wireless technology to make secure payments between a contactless chip card or device and a

DPO Group Granted Regulatory Licence to Provide Payments Services in Nigeria

Posted on by Staff Reporter | 8191 Views | 8 min read

One Payment Limited, a subsidiary of the leading Pan-African digital payments group, DPO Group has been granted a licence by the Central Bank of Nigeria to provide certain types of payments services to businesses across Nigeria. This licence enables the DPO Group to operate as an independent payment solutions services company in Nigeria as it

Banque du Trésor signs with Capital Banking Solutions the upgrade of its Core Banking System

Posted on by Staff Reporter | 12637 Views | 8 min read

Capital Banking Solutions announced that its client Banque du Trésor Côte d’Ivoire has signed the upgrade contract of its core banking system and digital banking platform (CapitalDigital™) and has also selected CapitalCompliance™ to strengthen its compliance requirements, prevent money laundering and tax evasion, and comply with FATCA reporting. Capital Banking Solutions announced today that its

Canadian Fintech Periculum, officially Launches in Nigeria, set to Build Credit Assessment Infrastructure for Africa

Posted on by Staff Reporter | 9897 Views | 19 min read

Periculum helps its banking and lending customers identify fraud risk, assess creditworthiness, and analyze existing data The availability of domestic credit is a key requirement for consistent economic growth in developing countries. The vitality of financial services such as banking, savings, debt and equity financing, investment management, and point-of-sale lending is largely dependent on the

Visa brings Digital Payments and Exclusive Experiences to the TotalEnergies AFCON 2021 in Cameroon

Posted on by Staff Reporter | 21610 Views | 12 min read

Visa, the exclusive digital payment service provider of the TotalEnergies Africa Cup of Nations (AFCON) 2021, is marking this year’s competition in Cameroon by creating new one-of-a-kind experiences for cardholders and football fans and looking to further help expand access to the financial system in Africa. Visa is a global payments technology company that connects the world

Stanbic IBTC Introduces Smart Loan to Support Customers

Posted on by Staff Reporter | 9152 Views | 8 min read

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings PLC, has introduced a Smart Loan digital solution to enable customers who have an account with their Asset Management arm access a loan to enable them meet their medium-term financial obligations. According to the bank, the devaluation of the naira due to the global economic downturn