Wema Bank will retain its national license as it aims for the tier-1 banking sector. This development was highlighted by the Managing Director/CEO, Moruf Oseni, of Wema Bank. He said this in an Annual General Meeting at the bank, which…
SoftAlliance, a solutions provider, has declared its dedication to driving digital advancement, as it marked its 20th anniversary. The company is a highly motivated and resourceful firm offering advanced IT services to run businesses efficiently through its diverse expertise and…
The Spark Accelerator program, an initiative of Safaricom, M-Pesa Africa, and Sumitomo Corporation, has selected nine early-stage Kenyan startups. The initiative seeks to grow and equip early-stage startups with relevant knowledge. Safaricom Spark Accelerator Safaricom launched the Spark Venture Fund…
NCBA Bank, a Kenyan commercial bank, has founded a suite of trustee services solutions themed “Safeguarding Collective Investments”. This development comes after the bank acquired a Real Estate Investment Trust (REIT) trustee license from the Capital Markets Authority (CMA) in…
OpenAI revealed it has inaugurated a new committee to make recommendations to the company’s board about safety and security. This development comes weeks after the company dissolved a team focused on AI safety. OpenAI stated that the new committee would…
Nigeria’s top shareholders’ associations have committed their strong support for the ongoing recapitalization of Fidelity Bank Plc. They cited the bank’s impressive performance over the years for their support. They went on to express their intention to invest in any…
Stanbic IBTC savings draw, a standard bank initiative, has rewarded 70 customers with cash prizes in its April draw of Reward4Saving Promo. It is a reward initiative for savings account holders of the bank. The initiative was introduced to encourage…
The Central Bank of Nigeria (CBN) has revisited the regulatory framework governing Neobank kyc compliance process. This development ensues the CBN’s announcement at its 295th Monetary Policy Committee (MPC) meeting. The apex bank highlighted that mobile money operators can resume…
Zimbabwe Starlink: Emmerson Mnangagwa, president of Zimbabwe, has announced that citizens have licenses to operate Starlink in the country. This marks a pivotal step towards enhancing internet access. The approval is anticipated to bring the deployment of high-speed, low cost,…
MTN Uganda Sales Shares: MTN Uganda, a popular Nigerian telecom company, has arranged selling shares (the Offer) left over from its undersubscribed 2021 Initial Public Offering. The shares will be sold to local investors to expand local ownership and comply…
