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Nigeria's First Bank reveals new fund transfer option for Africa


Nigeria’s First Bank reveals new fund transfer option for Africa
FXC Intelligence Research Analyst
Valentina is a Research Analyst at FXC Intelligence, the data sister company of FXcompared. Valentina is passionate about payments and fintech. Valentin enjoys analysing money transfer companies and… Read more
First Bank, which is one of Nigeria’s leading banks, has unveiled a new cross-border payments service called First Global Transfer – and it will be available to people across the African continent, not just existing customers.
The firm said that customers could walk into in-person branches in one of many African nations, including Senegal, the Gambia or Sierra Leone. ....

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Stamp of His Honour: Inside Otedola's Avalanche of Awards


Winning awards is no longer a sometime thing for billionaire Femi Otedola. His boundless and borderless philanthropy has ensured that it is an all-the-time thing. For this, and more, Otedola ticks all the boxes and tops the list in any award considerations by the media and other organisations. At the moment, his shelf overflows with awards and honours trophies, writes Lanre Alfred
Magnanimity is seldom a strong suit of many billionaires. But nature does not use a one-size-fits-all approach which is why billionaire Chairman of Geregu Power, Femi Otedola, is widely perceived as one of the rarest and kindest of money men. Otedola is hardly the type of billionaire whose affluence is clutched in baubles. His ascension to the billionaires’ club was no trick of fate, neither was it a mirage mired in tufts of fleeting vanities and buzz words. He is indeed worth every ounce of invincibility and financial acclaim accorded him. ....

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