The support of Nigeria's leading digitally-driven financial institution, Wema Bank, for Small and Medium Enterprises (SMEs) has been recognised in the 2021 KPMG Nigeria Banking Industry Customer Experience Survey. The report classifies Wema Bank as number three in SME Banking, this is three places higher than the bank’s 2020 classification. Wema...
Seasoned economist Bismark Rewane has predicted that this year (2022), financial technology companies (fintech) would experience a fresh wave of growth and opportunities compared to the preceding years. The Chief Executive Officer (CEO) of Financial Derivatives, a research company that provides insight for investment purposes, made this prediction, as a...
Prudential Africa has signed a sponsorship agreement with the Confederation of African Football (CAF) to become the official insurance partner of the ongoing 33rd edition of the Africa Cup of Nations (AFCON) 2021. At a press conference to announce the sponsorship, Eric Mboma, Chief Representative Officer, Prudential Northern Africa Region...
As part of an effort to aid trades among African countries and strengthen the continent's economy, an all-encompassing and highly anticipated payment system anticipated, the Pan-African Payments and Settlement System (PAPSS) has been officially launched. The payment technology was launched in Accra, Ghana, on Thursday, January 13, in a virtual...
The Nigerian government says it lifted the ban placed on the operation of microblogging site Twitter, because the company has made some concessions, and talks between both parties have been fruitful. A senior government official disclosed that the government decided to lift the suspension because Twitter has agreed to terms...
The Centre for the Promotion of Private Enterprise (CPPE), an economic advocacy group, has identified Dangote Petroleum Refinery as one of the key expected drivers of growth that would impact positively on the downstream sector of the Nigerian economy in 2022. Likewise, Financial Derivatives Company Limited, a financial institution, in...
The Aliko Dangote Foundation (ADF) has commenced the implementation of its nutrition flagship program, tagged: Aliko Dangote Foundation Integrated Nutrition (ADFIN) program in Kano State. According to the ADF’s Director of Health and Nutrition, Dr. Francis Aminu, the program is in line with the plan to use the newly refurbished...
For Dairo Emmanuel, the founder of Red Circle Digital Agency, establishing a digital company as such was not surprising to many people. “I’ve always been the creative guy that addresses people’s marketing and branding needs. Nothing interests me more than creatively providing solutions to things, and with my portfolio,...
Titan Trust Bank Limited, which barely three years ago won the Central Bank of Nigeria’s (CBN) permit to run within Nigeria, acquired an 89.4 percent stake in Union Bank of Nigeria Plc. In a statement seen by Unmaskng.com, it was disclosed therein that Union Global Partners Limited, Atlas Mara Limited, and...
American multinational company, Google has disclosed that it has invested in SafeBoda, a tech firm that operates in Nigeria and Uganda. Announcing this development, Google said the money put to work to seal the deal was pulled out from its Africa Investment Fund. In a statement seen by Unmaskng.com, Google explained...