The Board of FBN Holdings Plc (FBNHoldings) has appointed the immediate past Managing Director of Fidelity Bank Plc., Mr. Nnamdi Okonkwo as its Group Managing Director. Okonkwo’s appointment takes effect from January 1, 2022. His appointment followed the retirement of Mr. U.K. Eke, who has completed his two-term tenure. Uke, according to the board, tendered
KongaPay projected to hit 3m subscribers by 2022 KongaPay, a Central Bank of Nigeria (CBN)-licensed fintech platform, is on course to grow its active subscriber base to over three million by 2022, data released by the company has shown. The mobile money platform, the leading provider of digital services for e-commerce shoppers in Nigeria, is
Ecobank also wins ‘Excellence in SME Banking’ Award The Ecobank Group, the leading pan-African banking group, has won two awards with its Ellevate Programme. The Financial Alliance for Women honoured Ecobank with its ‘Impact Award’, recognising Ecobank’s work in supporting women-owned and womenfocused businesses across the continent. Ellevate by Ecobank also won the ‘Best New
The Trade Mission includes a 15-day visit to DRC between 29th November and 13th December in Kinshasa, Lubumbashi, Goma, and Mbuji Mayi Investors from Kenya will meet and network with their counterparts in DRC in exploring opportunities that have the potential to Unlock Trade, Tourism and Investment opportunities in DRC and the Great Lakes Region
Standard Bank customers in eight African countries to enjoy enhanced digital payments experience in partnership with Flutterwave Standard Bank, Africa’s largest bank by assets, has partnered with Flutterwave, Africa’s leading payments technology company, to enhance digital payments experiences for its customers in Nigeria, Zambia, Tanzania, Uganda, Ghana, Mauritius, Cote D’Ivoire and Malawi. Flutterwave and Standard Bank
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services organisation has announced its partnership with Nigeria Inter-Bank Settlement System plc (NIBSS) on its recently launched Nigeria Quick Response (NQR) Payment Solution. The NQR is an innovative payment option implemented for all financial service providers and designed to promote quick and fast transactions
The sale of Baxi is Verdant Capital’s fifth successful fintech transaction of the year MFS Africa is acquiring Baxi to expand its network into Nigeria, Africa’s largest economy and perhaps its most fintech dynamic market. Nigeria is also the largest remittance market in Africa representing one-third of intra-Africa remittance flows, and is home to the largest
Kuda’s proposition of zero fees on cards, account maintenance and transfers as well as its low-interest credit offering delivered conveniently through smartphones and the web have made it particularly attractive to millennials In a move aimed at driving its independent payment cards offering, Kuda Technologies, the challenger bank for Africans, has partnered with Network International,
Agreement to support greater financial inclusion among unbanked in Nigeria Pan-African fintech startup and digital bank Carbon Bank has partnered with Network International, the leading enabler of digital commerce across Africa and the Middle East, as part of its plan to boost its digital payment offering. Under the agreement, Network International will issue and process
Research identifies KongaPay as Nigeria’s leading e-wallet platform KongaPay, a Central Bank of Nigeria (CBN)-licensed fintech platform, has been identified as the leading provider of digital payment services for e-commerce transactions in Nigeria. The rating came from Statista, a globally renowned market and consumer data firm. The development justifies the huge popularity and impressive dominance
