Ghana’s leading telecommunications provider, Mobile Telecommunications Network (MTN) and Ecobank, The Pan African Bank, have partnered to extend cardless ATM services to Ecobank ATMs across Ghana. With this partnership, the more than two million MTN Mobile Money subscribers can now enjoy the convenience and ease of withdrawing money instantly from Ecobank ATMs anytime and from
Guaranty Trust Bank Ghana has introduced a function on its Internet banking platform to enable customers to transfer money online to their account(s) or other beneficiaries’ accounts in other banks in the country. The Third Party Transfer service is the first fully-automated online transfer service in Ghana, which allows GTBank customers who are profiled on
The Central Bank of Nigeria’s high value payment system has gone live on SWIFT. The move to SWIFT is a key element of the Central Bank of Nigeria’s Payment System Vision 2020 (PSV2020), which calls for a “Nationally Utilised and Internationally Recognised” payments system and provides a robust platform to support Nigeria’s continued economic growth.
Diamond Bank, one of the leading retail banks in Nigeria, is exciting Nigerian youths with the launch of the Diamond S.W.A.G Account at the Obafemi Awolowo University (OAU), Ile-Ife venue of this year’s on-going National Universities Games Association (NUGA) games. S.W.A.G, an acronym for ‘Student With A Goal’ is a newly designed proposition targeted at helping
Nigerian e-commerce site Konga.com has opened its platform to all businesses in the country in a bid to fuel e-commerce through structured universal participation, naming its new service Konga Marketplace. Konga.com had previously allowed select businesses to list their products and services on the so-called Konga Mall as of last year, but today announced the
The government of Ghana has revealed more citizens are using the electronic e-pay slip system recently introduced by the nation’s Controller and Accountant Generals’ Department for public sector workers, which offers mechanised payroll services. A statement released by the Information Service Department (ISD) of Ghana’s Ministry of Information said the number of registered users has
Ecobank Transnational Incorporated has been declared the most valuable brand in Africa – outside South Africa – in the annual ranking of the global banking and financial magazine ‘The Banker’ in its special edition Brand Finance Banking 500 of February 2014. Present in more African countries than any other bank in the world, Ecobank has
Guaranty Trust Bank plc (GTBank) has now concluded the acquisition of a 70% stake in Fina Bank Group, after securing the required regulatory approvals in the 3 East African countries – Kenya, Rwanda, Uganda as well as in Nigeria. GTBank acquired a 70% stake in Fina Bank Group through a combination of capital injection as
The Managing Director of Guaranty Trust Bank Ghana; Mr. Lekan Sanusi, says banks must strive hard to be innovative as without this they risk going out of business. “Without innovation you can’t continue to remain as a business in the minds of the customers. Customers must be able to know that there’s always something new
E-commerce platform Jumia Nigeria has announced Nicolas Martin and Jérémy Doutté as chief executive officers (CEOs), replacing former managing directors Tunde Kehinde and Raphael Afaedor who have decided to leave to start their own business. “To prepare for his new tasks, Nicolas Martin joined Jumia Nigeria a few months ago. Prior to this, he worked
