Paga enters US market, seeking a piece of the $21 billion Nigerian remittance pie

This expansion pits Paga against a growing field of fintechs competing for the diaspora finance market

₦225 billion dispute: Fidelity Bank responds to Supreme Court ruling, assures stakeholders

Fidelity Bank states it is “willing to settle the obligation” now that the appeal process is exhausted. However, the bank points to “significant ambiguities in the judgment resulting in difficulties in calculating the actual financial liability”.

VBank rebounds to profitability with ₦366 million in 2024

VFD Microfinance Bank's positive performance contributed to a wider recovery for its parent company, VFD Group Plc, which also rebounded to profitability after a ₦750 million ($471,824) loss in the previous year.

Access Bank expands to Europe, picks Malta as launchpad

Malta's robust financial sector, which grew by nearly 12% between 2022 and 2023, make it an attractive destination for Access Bank

EXCLUSIVE: Access Bank will pay ₦23 billion to finalise Tanzania bank acquisition

This deal indicates Access Bank's successful acquisition of ABC Tanzania, which is part of the lender’s strategy to expand its footprint in East Africa.

AI is assuming an increasingly important role in traditional banking, according to report by Kora and Finextra

Kora, Finextra, Binance, Yoco and six other companies share research-based ideas, and analyse the patterns driving Africa's fintech evolution