BankingMTN Nigeria launches new mobile financial servicesInternational Finance DeskAugust 30, 2019December 16, 2019 by International Finance DeskAugust 30, 2019December 16, 2019 The new scheme will enable cash transfers and payments through mobile connections... Read more
Telecom9mobile receives $230 million as loan from African FinanceInternational Finance DeskAugust 26, 2019December 17, 2019 by International Finance DeskAugust 26, 2019December 17, 2019 The loan will be used to repay debts, finance costs, and to aid in the growth of the firm... Read more
BankingAccess Bank deepens financial inclusion with agency bankingInternational Finance DeskAugust 23, 2019December 16, 2019 by International Finance DeskAugust 23, 2019December 16, 2019 The decision will enable branches to focus on complex customer obligations... Read more
BankingCBN deadline: Nigerian banks scramble for borrowersInternational Finance DeskAugust 16, 2019 by International Finance DeskAugust 16, 2019 Tier-1 banks with assets greater than or equal to N1 tn are luring borrowers in Tier-2 banks with attractive interest rates... Read more
FintechAfrican payment gateway fintech Innovate forays into DubaiInternational Finance DeskAugust 8, 2019March 18, 2020 by International Finance DeskAugust 8, 2019March 18, 2020 According to Innovate I Pay, the increasing number of African expatriates in UAE was a crucial deciding factor... Read more
BankingNigeria enacts new banking debtor asset surveillance lawInternational Finance DeskAugust 8, 2019 by International Finance DeskAugust 8, 2019 The new bill gives the authorities the power to place bank accounts of a debtor under surveillance and to seize devices... Read more
TelecomMTN Nigeria seeks tribunal review on its $1 bn finePritam BordoloiAugust 5, 2019 by Pritam BordoloiAugust 5, 2019 The company is in disagreement with the Federal Inland Revenue Service with regards to tax deductions from the fine... Read more
MarketsMTN Nigeria listing: Victor Odili, Pascal Dozie top individual shareholdersInternational Finance DeskMay 21, 2019 by International Finance DeskMay 21, 2019 MTN Nigeria has now a market valuation of $6 BN and is the second most valuable NSE listed company... Read more
FintechFintech and the future of Africa explainedInternational Finance DeskMarch 25, 2019 by International Finance DeskMarch 25, 2019 Seven of the world’s 20 fastest-growing economies are African, and the continent’s total GDP is forecast to double between 2015 and 2030... Read more
BankingCentral Bank of Nigeria released US$210mn to relieve dollar crunchInternational Finance DeskApril 25, 2018 by International Finance DeskApril 25, 2018 The Central Bank was “ready to inject funds into the market, whenever and wherever necessary, in order to maintain market stability as well as sustain the financial system,” the statement reads... Read more