Finance, Banking & Fintech

Lending, payment systems, capital markets, digital wallets, regulatory compliance, and risk management.

Federal Authorities Emphasize Financial System Stability Amid Economic Reforms

Posted on by Newswire & Public Relations Agency
Federal Authorities Emphasize Financial System Stability Amid Economic Reforms

Nigeria’s fiscal and monetary authorities have reiterated their commitment to maintaining financial system stability as economic reforms progress. Officials highlighted the role of prudent fiscal management, robust banking supervision, and policy coordination in safeguarding confidence. The Central Bank of Nigeria continues to prioritize capital adequacy, risk-based supervision, and oversight of digital financial services. Market participants described the regulatory stance as essential for preserving systemic resilience. Africa Signal Financial Analysts note that a stable financial system…

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Federal Authorities Reaffirm Commitment to Financial System Stability Amid Economic Adjustment

Posted on by Newsroom Operations
Federal Authorities Reaffirm Commitment to Financial System Stability Amid Economic Adjustment

The Federal Government and the Central Bank of Nigeria have reaffirmed their joint commitment to safeguarding financial system stability as the economy navigates ongoing structural adjustments. The position was restated during a high-level policy engagement involving fiscal authorities, financial institutions, and market stakeholders, where emphasis was placed on coordination, prudence, and institutional resilience. The Minister of Finance (State), Dr. Doris Uzoka-Anite described financial stability as the foundation upon which economic reform, investment confidence, and inclusive…

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Digital Payments Surge and the Dawn of Africa’s Cashless Economy

Posted on by Newsroom Operations
Digital Payments Surge and the Dawn of Africa’s Cashless Economy

As Africa accelerates toward a cashless future, digital payments are no longer a fringe convenience — they are rapidly becoming the backbone of commerce, personal finance, and cross‑border trade across the continent. Recent data and industry trends reveal a profound transformation in how Africans transact, access financial services, and participate in the digital economy.   Mobile Money: Africa Leads Globally According to the 2025 “State of the Industry Report on Mobile Money” from GSMA, Africa…

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As Foreign Banks Depart, African Economies Face Urgent Call for Competitiveness Reform

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As Foreign Banks Depart, African Economies Face Urgent Call for Competitiveness Reform

Nairobi, Kenya – African economies are entering what analysts describe as a critical juncture, as a wave of withdrawals by foreign banks prompts an urgent reassessment of competitiveness, regulation and financial sector strategy across the continent. Recent years have seen a growing exodus of major global banking institutions from Africa. European and UK-based banks that for decades operated in multiple African markets are now scaling down or completely exiting. According to latest reports, Africa’s overall…

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