Ecobank Transnational Incorporated Appoints Akin Dada as Group Executive, Corporate & Investment Banking

Posted on by Staff Writer | 3892 Views | 6 min read

He joined Ecobank in 2017 as the Executive Director for Corporate Bank in Nigeria, and prior to his new appointment was Group Head, Corporate Banking for the Ecobank Group Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group (www.Ecobank.com), is pleased to announce the appointment of Akin Dada as Group Executive, Corporate and Investment Bank. He

81% of Nigeria Consumers are Shopping More Online Since the Start of Pandemic, Reveals Mastercard Study

Posted on by Staff Writer | 4651 Views | 15 min read

Data top-up (94%), clothing (64%) and beauty products (56%) top the virtual shopping list in Nigeria Top learning experiences include online banking, learning to manage health & get medicines online, cooking & learning a new language Social media has become an integral platform for connecting consumers to online businesses Secure checkout experience recognized as fundamental

Standard Bank Group Appoints New Chief Executive for Africa Regions

Posted on by Staff Writer | 4053 Views | 8 min read

Standard Bank Group, Africa’s largest bank by assets, has appointed Yinka Sanni as its new Chief Executive for Africa Regions and a member of the Group Leadership Council. Sanni, the group’s Regional Chief Executive for West Africa, takes over from Sola David-Borha, who is retiring after 31 years of distinguished service to the group. Sanni holds

68% of Ivorian Consumers are Shopping More Online Since the Start of Pandemic, Reveals Mastercard Study

Posted on by Staff Writer | 18438 Views | 14 min read

Clothing (61%), Data top-up (55%) and computer equipment (48%) top the virtual shopping list in Ivory Coast. Top learning experiences include cooking, dancing, learning a language, and mastering DIY projects. Social media has become an integral platform for connecting consumers to online businesses Secure checkout experience recognized as fundamental for online shopping A Mastercard study

MFS Africa Now Reaches Over 320 Million Mobile Money Wallets, Covering 60% of All Mobile Wallets in Sub-Saharan Africa

Posted on by Staff Writer | 23383 Views | 10 min read

Pan-African fintech provides unprecedented reach on the African continent Pan-African fintech leader MFS Africa has announced that it now reaches over 320 million mobile money wallets, enabling a range of banks, telcos, money transfer operators, and other financial institutions interoperability at scale in Africa through a single integration point. Based on the 2021 State of

Accelerex Offers Ghanaian Customers More Digital Payment Options

Posted on by Staff Writer | 4406 Views | 14 min read

RexRetail, an all-in-one solution for small and medium-sized retail shops, helps retailers automate their everyday operations Leading pan-African fintech company, Accelerex Ghana (www.GlobalAccelerex.com.gh), has hit a new milestone, after being granted an enhanced Payment Service Provider (PSP) licence from the Bank of Ghana (BoG), under the Payment Systems and Services Act, 2019 (Act 987). This makes

Ecobank Group Reports FY 2020 Profit Before Tax of $174 Million ($338 Million Excluding Goodwill Charge), EPS of 0.010 US Cents, Total CAR of 12.3%, and Record Deposit Growth of $2.0 Billion to $18.3 Billion

Posted on by Staff Writer | 3862 Views | 9 min read

Group CEO Commentary Ade Ayeyemi, Ecobank Group CEO, said: “2020 was a year which tested the resilience of the human spirit in rising to the many challenges as governments, businesses and households’ unrelentingly strove to keep citizens, clients and loved ones safe. I am proud of Ecobankers’ hard work and continued service to our customers

FirstBank CEO Lists Technology, Capacity as Key for Post-COVID-19 Growth

Posted on by Staff Writer | 4026 Views | 11 min read

…Thumbs up mobile banking (FirstMobile) and USSD (*894#) platforms By Bolaji Israel Dr Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria Limited said technology, innovation and enhanced capabilities have become necessary to achieve significant business growth in the post-COVID-19. Adeduntan made this remark on Thursday during a Digital Disruption Series webinar organised by the

FirstBank Promotes Cross Border Payments in Sub Sahara Africa with First Global Transfer

Posted on by Staff Writer | 27756 Views | 8 min read

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the launch of First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. The Bank’s subsidiaries in Africa include FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone, FBNBank Senegal. The First Global

$1.3 Million Grants Approved for Two Research Efforts to Enhance Women’s Digital Access to Loans and Micro-insurance

Posted on by Staff Writer | 6183 Views | 12 min read

The African Development Bank has approved two grants for research that will increase African women’s access to a range of digital financial services including loans and micro-insurance. The grants, for $1 million and $300,000 respectively, will be disbursed through the Africa Digital Financial Inclusion Facility, a blended finance vehicle supported by the Bank, to two