BankingFeaturedAccess Bank strengthens Mozambique society through community engagementIFM CorrespondentMarch 15, 2024 by IFM CorrespondentMarch 15, 2024 Access Bank Mozambique believes that the knowledge of basic literacy principles results in sound choices that benefit everyone’s future... Read more
CurrencyFeaturedNigeria’s currency weakness: Tracing the reasons behind a weak NairaIFM CorrespondentMarch 13, 2024March 12, 2024 by IFM CorrespondentMarch 13, 2024March 12, 2024 The Nigerian currency called the Naira has been under intense pressure since the floatation of the exchange rate... Read more
Banking and FinanceMagazineAfrican banks successfully managing riskIFM CorrespondentJanuary 14, 2024January 18, 2024 by IFM CorrespondentJanuary 14, 2024January 18, 2024 Lessons from the global financial crisis of 2008 and the disruptions caused by the pandemic and war have proven crucial for banks in Africa... Read more
CurrencyFeaturedNigerian Naira strengthens to N806.73 against Dollar at official marketIFM CorrespondentDecember 11, 2023December 11, 2023 by IFM CorrespondentDecember 11, 2023December 11, 2023 The naira closed at N1,165 to the USD, the same exchange rate, marking a day of stability... Read more
CurrencyFeaturedIF Insights: Analysing the ‘Silent Revolution’ in African crypto sectorIFM CorrespondentOctober 19, 2023October 18, 2023 by IFM CorrespondentOctober 19, 2023October 18, 2023 Nigeria is leading the 'Crypto Revolution' in Sub-Saharan Africa, by securing the second position on the Global Crypto Adoption Index, up from 11th in 2022... Read more
CurrencyFeaturedNaira’s value falls further as parallel market exchange rates widenIFM CorrespondentOctober 13, 2023October 12, 2023 by IFM CorrespondentOctober 13, 2023October 12, 2023 In 2023, the naira experienced its worst-ever performance on the illicit market, reaching 1,000 to the dollar... Read more
FeaturedFintechPossessing some of largest unbanked populations, Egypt & Nigeria unite on fintech spaceIFM CorrespondentAugust 30, 2023August 29, 2023 by IFM CorrespondentAugust 30, 2023August 29, 2023 Nigeria has at least 200 fintech companies, while Egypt possesses some 177 ventures... Read more
CurrencyFeaturedNigeria to take significant action to save naira as inflation continues to haunt countryIFM CorrespondentAugust 22, 2023 by IFM CorrespondentAugust 22, 2023 Naira slipped by 0.7%, its steepest decline in nearly six months, in official trading on the Nigeria Exchange on June 2023... Read more
AviationFeaturedNCAA suspends Boeing 737 planes over safety issuesIFM CorrespondentJuly 18, 2023July 18, 2023 by IFM CorrespondentJuly 18, 2023July 18, 2023 Experts say the most recent suspension order can be linked to accidents affecting a few of Max Air's Boeing 737 aircraft... Read more
BankingFeaturedUnique services: Key behind The Access Bank UK Ltd’s successIFM CorrespondentJuly 3, 2023July 4, 2023 by IFM CorrespondentJuly 3, 2023July 4, 2023 The Access Bank UK Ltd provides a number of services to support business activities in Africa and across the world... Read more