Banks
Banks are still sound but … – CBN
CBN Moderate declines in returns on equity, assets Excess liquidity puts pressure on forex NPL ratio deteriorates By Emeka Anaeto, Business Editor A recent review of the
Iran Negotiator Says US Sanctions on Oil, Banks ‘Expected to Be Lifted’
Iran’s chief nuclear negotiator said Tehran expects US sanctions on oil, banks and other sectors and on most individuals and institutions to be lifted based on agreements reached so far
These undergraduates left university to build Flux, a payments startup now in Y Combinator
In the 170 years since Western Union was founded, no company has managed to solve two basic problems that continue to bedevil the remittance business — exorbitant fees and slow
Nigerian fintech of the unbanked Bankly raises $2M led by Vault
Nigeria remains a largely cash-dominated country. There are more than 100 million adult Nigerians, of which more than half have little or no access to financial services. This post was
Customers Groan as MTN Nigeria, Banks Bicker over Commission
On Friday, customers of MTN Nigeria awoke to the unpleasant reality that they could not purchase the telco’s airtime through the online platforms of the commercial banks. This caused a
Nigeria's #EndSARS Protesters Still Face Frozen Bank Accounts and Jail Time
Protestors against police brutality are still being targeted by the Nigerian government, which is itself avoiding accountability.This post was originally published on this site
Kuda raises $25M more led by Peter Thiel-backed Valar to become the neobank for ‘every African on the planet’
Challenger banks continue to make significant advances in attracting customers away from the big incumbents by providing more modern, user-friendly tools to manage their money.This post was originally published on
Nigeria can't decide what to do about the rise and rise of cryptocurrency
The Nigerian presidency, central bank, local regulators, and tech community are at odds over “money created out of thin air.”This post was originally published on this site
Nigeria to phase out debt sales that offered some of the highest carry returns in Africa
Central bank phasing out sales of bills to non-residents. Cost of liquidity management too high, CBN director says.This post was originally published on this site
‘Telcos, banks should partner to drive cashless economy’
The partnership of the telecommunications sector, financial technology companies (Fintechs) and banks, if well leveraged, can drive Nigeria’s cashless economy programme. The post ‘Telcos, banks should partner to drive cashless
