BankingFeaturedNigerian digital bank Kuda secures $25 mn Series A fundingPritam BordoloiMarch 19, 2021 by Pritam BordoloiMarch 19, 2021 The funding round was led by New York-based venture capital firm Valar Ventures... Read more
BankingFeaturedSterling Bank adds new lending feature to its digital banking platformWebAdminMarch 8, 2021 by WebAdminMarch 8, 2021 Ajo Scheme is the digital construct of Ajo, Esusu and Adashe... Read more
BankingFeaturedNigeria to liquidate 42 microfinance banksPritam BordoloiDecember 22, 2020 by Pritam BordoloiDecember 22, 2020 Authorities are verifying the claims of stakeholders of the 42 MFBs that lost their licenses... Read more
BankingFeaturedNew digital bank called Sparkle launches in NigeriaPritam BordoloiJune 3, 2020 by Pritam BordoloiJune 3, 2020 Sparkle is launched by former Diamond Bank CEO and tech entrepreneur Uzoma Dozie... Read more
BankingFeaturedNigeria suspends layoffs for banks despite difficult timesInternational Finance Business DeskMay 7, 2020May 7, 2020 by International Finance Business DeskMay 7, 2020May 7, 2020 Commercial lenders will have to seek approval from the central bank to implement job cuts... Read more
Business LeadersOliver Alawuba named as the new CEO of UBA AfricaInternational FinanceJanuary 7, 2020January 8, 2020 by International FinanceJanuary 7, 2020January 8, 2020 UBA Africa now serves over 19 million customers across the continent... Read more
BankingNigerian banks NPA loan book reaches ₦1.5 tr in 2018International Finance DeskJuly 4, 2019December 16, 2019 by International Finance DeskJuly 4, 2019December 16, 2019 The NPAs show a 15% increase when compared to ₦1.3tr of non-performing loans in 2017... Read more