UBA Foundation Rings in the Yuletide Season, Lights Up Lagos Marina

Africa’s Global bank, United Bank for Africa, through its Corporate Social Responsibility Arm, the UBA Foundation, on Tuesday, held its annual Christmas Lighting ceremony to mark the start of the festive season.

Stakeholders Lead Conversations on Financial Inclusion at the Maiden Edition of IFIC 2022

Nigeria, on 24th and 25th November 2022 hosted the largest convening of the Global Financial Inclusion ecosystem since the launch of its National Financial Inclusion Strategy in 2012. The 2022 International Financial Inclusion Conference organized by the Central Bank of Nigeria (CBN) and its partners within the financial inclusion governance committees themed: “Financial Inclusion for all: Scaling Innovative Digital Models” had in attendance over 5000 participants from at least 78 countries around the world.

Parthian Partners wins Inter Dealer Broker of the year, lauded for pioneering IDB model in Nigeria

Parthian Partners Limited, Nigeria’s first interdealer broker and founder of i-invest, the first fixed-income investment app in Nigeria, has won the BusinessDay Banks and Financial Institutions (BAFI) Awards for the ‘Interdealer Broker of the Year 2022’ in recognition of its impact and contribution to the overall growth and stability of the fixed income market, its financial performance - credit rating affirmed Bbb+, as well as its innovativeness and growth across different product lines.

Paradise Game, Visa Launch “The Money Kings”, a Gamification Program to Promote Financial Education

Paradise Game, a beacon for esports and edutech in Africa, initiated with VISA, a regional program to promote financial education to equip 200,000 young Africans with economic, budgetary and financial knowledge. The official launch was held during FEJA (Festival of Electronics and Video Game of Abidjan), a major gaming event on the continent, on November 26th and 27th 2022 at Cosmos Yopougon.

Meta Unveils First-of-Its-kind 360 Campaign Focused On Metaverse Entry Points for African Creators in Nigeria

In a first for Meta in Africa, Facebook's parent company - Meta recently unveiled a 360-degree campaign focused on the metaverse and entry points for creators in Nigeria, and across the region.

IHS Holding Limited completes $600 Million Three-Year Bullet-Term Loan

RMB acted as Mandated Lead Arranger & Bookrunner for IHS Holding Limited’s (NYSE: IHS) (“IHS Towers”) $600 million syndicated term loan facility. RMB was one of the lead banks on the transaction and applied its in-country expertise and global market knowledge in the structuring of this facility.

Evolving Industry: Crypto Exchange Bitfront Shuts Down

Bitfront, a U.S. crypto exchange backed by Japanese social media firm Line Corp, said it has suspended new sign-ups and credit card payments and will cease operations in a few months despite efforts to overcome challenges in the rapidly evolving industry.

Domino’s Pizza Nigeria adds Chicken & Rice to its menu

...set to be the largest chicken menu provider in QSR industry

Domino’s Pizza Nigeria, the country’s largest Quick Service Restaurant (QSR) has announced that it’s adding Chicken and Rice to its menu, and it is launching on November 21st & 23rd, 2022 across its outlets nationwide. The new menu will provide additional satisfaction to customers, making Domino’s the largest chicken menu provider within the QSR industry in Nigeria. 

Kaspersky supports INTERPOL operation to combat cybercrime in African countries

Kaspersky has contributed to INTERPOL’s Africa Cyber Surge Operation (ACSO) by sharing data, comprising of indicators of compromise (IoCs) on various cyber threats and types of cybercriminal activity targeting African countries. This evidence provided the grounds for a series of operational and investigative activities against the threat actors behind the cybercrimes and their malicious infrastructure.

Data Analytics Company, Periculum Launches Utambuzi in Kenya

Utambuzi has launched in Kenya. Utambuzi, which means ‘insights’ or ‘diagnosis’ in Swahili, is a personal finance management product that leverages machine learning to track income and expenses, and plan budgets while providing valuable insights on financial behaviour to help users better align their expenses with their financial goals. Also, with this product, there is zero room for fraudulent transactions; the machine learning model is designed such that it detects suspicious transactions, alerting the user.

Afrobarometer receives major boost with $6 million grant from Sweden

The Swedish International Development Cooperation Agency (Sida) has announced a three-year, 66 million Swedish Kronor grant (approximately US $6 million) in support of Afrobarometer’s new 10-year strategy to extend its reach and illuminate the way forward for Africa’s development. The grant is Sweden’s largest to Afrobarometer since the survey research network was launched in 1999.

UK, Nigeria Trade Volume Hits £5.5 Billion

The United Kingdom (UK) and Nigeria said the trade volume between the two countries stood at 5.5 billion pounds, according to a joint statement issued in Abuja.

Appzone Rebrands to "Zone" to Power Global Payments with its Regulated Blockchain Network

Appzone, one of Africa’s leading Fintech Software Providers,  has rebranded to “Zone”, a regulated blockchain Payment Infrastructure company. By building Africa’s first layer-1 blockchain network, Zone will enable payments and the acceptance of digital currencies for Financial Service Providers globally. Zone’s regulated blockchain network enables direct transaction flow between financial service providers without an intermediary, bringing reduced transaction costs, instant dispute resolution, and absolute reliability across Africa’s payment borders and beyond.

World Cup Games on More Packages: Enjoy all the Show-stopping Moments from Qatar with DStv and GOtv

In keeping with the commitment to provide customers with the best World Cup experiences, MultiChoice Nigeria has opened all World Cup games on SuperSports to DStv Yanga and GOtv Jolli packages starting from Saturday 26th November 2022. 

Zedvance Obtains Nigeria Data Protection Regulation Compliance Status

Leading consumer lending company, Zedvance Finance Limited has again received the Nigeria Data Protection Regulation (NDPR) compliance status for the implementation of statutory requirements in accordance with its regulatory guidelines.