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The digital revolution is leading to rapid change in Nigeria's banking sector, with banks forced to either work with fintechs, copy their fresh approach, or face being sidelined.
Amid huge global and domestic economic challenges, Nigeria's banking sector has remained stronger than the overall national economy, with rising profits and capital adequacy liquidity ratios remaining above regulated limits.
Kenyan Banks have emerged top of their other East African counterparts in the 2021 ranking of the continent’s top 100 banks
The Making Finance Work for Africa (MFW4A) partnership, hosted by the African Development Bank (www.AfDB.org), and the African Securities Exchanges Association (ASEA) have provided a recent progress update on the African Exchanges Linkage Project (AELP), which aims to connect Africa’s leading securities exchanges and boost cross-border investment flows. The AELP is a joint initiative of the Bank and ASEA involving seven leading African securities exchanges. AELP is funded by the Korea-Africa Economic Cooperation (KOAFEC) Trust Fund, one of the Bank’s bilateral funds. The updates were give...