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Olufowose Appointed as New Chairman of First Bank, Succeeding Hassan-Odukale
FBN Holdings Plc, one of the largest banking and financial holding companies in Africa, has declared the retirement of Tunde Hassan-Odukale as the chairman of its subsidiary, First Bank of Nigeria Limited. Additionally, Olufowose succeeds Hassan-Odukale in the company. This…
Chipper Cash is Fully Operational in the United States After Months of Pausing Services
Chipper Cash, the well-known African FinTech, has restarted its services in the United States. The announcement comes following a brief delay to its expansion activities in the US earlier this year. Having launched in the US in late 2022, Chipper…
Dettol Unveils New Brand Ambassador For Dettol Cool Product
Nigeria’s No 1 hygiene brand, Dettol has unveiled a refreshing partnership with international football star Taiwo Awoniyi, as the Dettol new brand ambassador for their popular Dettol Cool product line. The unveiling, which took place at a splashy event in…
UBA Enhances Mobile App, Introduces Transaction Dispute Feature
United Bank for Africa (UBA) continues to prioritize a seamless and secure digital banking experience for its customers with recent upgrades in their mobile app. The bank recently upgraded its mobile app to include additional features to help users and…
CrusaderSterling Pensions DistributesN137 Billion in Benefits to Beneficiaries
CrusaderSterling Pensions Limited (CPL), a leading Pension Fund Administrators (PFA), has paid out N137 billion as benefits payments to its contributors and retirees. CPL said the benefits range from lump sum, death benefits, and other approved National Pension Commission (PenCom). …
Access Bank and MasterCard Collaborate to Enhance Cross-Border Payments
The Access Bank and Mastercard partnership is set to establish a unified cross-border money movement solution across various African markets. The initiative will facilitate companies and clients to make international transactions across more than 150 countries. The collaboration, which was…
Pressure Mounts on Nigerian Government to Scrap Cybersecurity Levy
Government under pressure to stop cybersecurity levy. CBN declared the cybersecurity levy, on May 6, to empower the cybersecurity unit in the country. The policy caused a major uproar in the country and citizens called for the suspension of the…
NBC Trains Over 1327 Young Entrepreneurs in Nigeria
The Nigerian Bottling Company (NBC) Ltd has revealed it has trained 1,327 young Nigerians with entrepreneurial skills for self-sufficiency. NBC stated that the training was carried out at one of its editions of the #YouthEmpowered initiative. The initiative was held…
Access Pensions Reports a 70% Surge in Revenue
Access Pensions has declared an impressive 70 percent surge in revenue, with turnover boosting from N7 billion in 2022 to N12.3 billion in 2023. As a result, its Assets Under Management (AUM) expanded by 25 percent to reach a significant…
Breaking News: Lesaka to Acquire Fintech Platform Adumo for $85 Million
In what could change the face of the Southern African fintech industry, influential NASDAQ-listed fintech firm Lesaka Technologies has bought the Cape Town-based Adumo, the market-leader in the payment processing field, for $85 million. The deal, a cash-and-equity transaction, reflects…