9PSB Pledges Support For Nigeria’s Agribusiness With Digitized Payments Solutions

March 18, 2022 521

Breaking News

Payment service bank, 9 Payment Service Bank (9PSB) has pledged to support the country’s agriculture value chain by providing easily accessible and inclusive payment solutions to farmers.Chief Executive Officer, 9PSB, Branka Mracajac gave the assurance, while speaking at the Vanguard Economic Forum Series, held Thursday, March 17, 2022 at The Civic Centre, Victoria Island, Continue Reading

Ecobank Proposes $40m As Dividend For 2021

March 17, 2022 514

Breaking News

The Board of Ecobank Transnational Incorporated (ETI) has proposed $0.16 cent per share, totaling $40 million as dividend to its shareholders for the year ended December 31, 2021.According to the Company Secretary, Madibinet Cisse, “We are pleased to inform our shareholders and the public that the Board of ETI, at its meeting of February 25, […]Continue Reading

Ecobank Nigeria Gets Fitch’s Stable Outlook Rating

February 2, 2022 435

Breaking News

Fitch Ratings has affirmed Ecobank Nigeria Limited’s (ENG) Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a” Stable Outlook.” The global rating agency has also upgraded the bank’s National Short-Term Rating to ‘F2(nga)’ from ‘F3(nga)’. According to Fitch, the IDRs of Ecobank Nigeria are driven by its standalone Continue Reading

Nigeria’s Budget 2022: An Unsettling Affair

January 1, 2022 578

Breaking News

By Sanya Ademiluyi, editorA usually upbeat President Muhammadu Buhari was pictured looking glum as he pored over the Budget 2022 presented to him as approved by the National Assembly. The document looked nothing like what he had presented to the legislative chambers over a month ago,while asking or a quick approval process. True enough, the […]Continue Reading

Ecobank, GTB Lead eNaira Adoption

December 29, 2021 454

Breaking News

Ecobank and GTB are currently leading other banks in customer adoption of the eNaira,a report by TheCable has said. According to the online publication, with more than 2,000 merchant wallets active, about 20 percent are domiciled with Ecobank, while GTB has majority of the consumer wallets activated by users amongst the top 10 financial institutions […]Continue Reading

Russian Court Fines Alphabet’s Google And Meta Platforms

December 25, 2021 645

Breaking News

A Moscow court on Friday, December 24,2021 said it was fining Alphabet’s Google 7.2 billion roubles ($98 million) for what it said was a repeated failure to delete content Russia deems illegal, the first revenue-based fine of its kind in Russia.Moscow has increased pressure on big tech this year in a campaign that critics characterise […]Continue Reading