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Amid ongoing foreign exchange challenges in Nigeria, Bureau De Change (BDC) operators have revealed that over 91% of dollar liquidity exists outside the official financial system, creating a massive black-market...
Dr. Adesola Kazeem Adeduntan served as Group Managing Director/CEO of First Bank of Nigeria from January 2016 to April 2024. During his tenure, he transformed the institution from a legacy...
Nigeria is positioning itself as a rising frontier for U.S. investors, leveraging sweeping reforms, robust demographics, and strategic access to African markets. At the 14th Annual Trade and Investment Summit...
In today’s rapidly evolving financial landscape, innovation is not just about ideation—it’s about execution. That’s where the Product Innovation Lab (PIL) at SIDFS comes in. As the latest cohort of...
In a continent where communication is king and phone calls drive critical business operations—from fintech loan reminders to daily FMCG order placements—Zambian startup Caantin is quietly building the future of...
In an extraordinary shift of global investor sentiment, gold prices surged to a record high of $3,500 per ounce this week, fueled by deepening uncertainty around U.S. economic policy, political...
South African fintech startup SOLmate has doubled its active user base to 100,000 within a year, driven by a booming eWallet market, strategic partnerships, and digital-first services tailored to the...
United Bank for Africa Plc (UBA) is on track to meet the Central Bank of Nigeria’s (CBN) new N500 billion minimum capital requirement for international banks by the third quarter...
GetEquity, a Nigerian startup originally built to democratize startup investing, has reached a major milestone: profitability. This achievement comes after a strategic pivot in 2024 that saw the company expand...
The CBEX scam in Nigeria has drawn attention to a major flaw in the country’s financial inclusion drive: the critical gap between access to financial services and understanding of financial...
