Paystack plots broader financial service range
Ziggy Ojiegbe Paystack, a leading digital payments company with a strong footprint in Nigeria’s financial services market, is planning to expand beyond payments into retail banking and consumer finance as unmet demand continues to create new growth opportunities across the…
Flutterwave acquires Mono in rare African fintech buyout
Ziggy Ojiegbe Flutterwave, Africa’s largest fintech company, has acquired Nigerian open banking startup Mono in an all-stock transaction valued between $25 million and $40 million, according to people familiar with the deal. The acquisition brings together two of the continent’s…
Heirs Energies to drive long-term growth with $750m
Sopuruchi Onwuka Heirs Energies Limited has secured a $750 million financing from the African Export–Import Bank (Afreximbank), marking one of the largest funding transactions ever obtained by an indigenous African energy company. According to Heirs Energies, the Afreximbank facility will…
AltBank takes non-interest banking solutions to Delta State
Sopuruchi Onwuka The Alternative Bank (AltBank), Nigeria’s non-interest bank, has opened its flagship branch in Effurun, Delta State in a plan to reshape how people across the Edo and Delta region experience banking. The bank stated in a media release…
Ratings upgrade: Fiscal rascality still threatens Nigeria’s economy
Sopuruchi Onwuka Nigeria is earning new confidence from global rating agencies as President Bola Tinubu’s economic overhaul begins to show early traction. Yet the country’s rising debt load and persistent fiscal gaps continue to test how far these reforms can…
The Alternative Bank named Most Innovative Bank at AICIF 2025
The Alternative Bank (‘AltBank’) has been honored as the ‘Innovative Bank of the Year’ at the 7th African International Conference on Islamic Finance (AICIF), underscoring its commitment to transformative, inclusive financial solutions across the continent. The award, presented recently, at…
Heirs Energies CFO, Samuel Nwanze, named Africa CFO of the Year
Sopuruchi Onwuka Heirs Energies has announced that its Executive Director and Chief Financial Officer (CFO), Samuel (Sam) O. Nwanze, has been named Africa CFO of the Year at the prestigious All Africa Business Leaders Awards (AABLA), held in partnership with…
WIEN Webinar: FIRS extends compliance deadline for e-Invoicing system
Sopuruchi Onwuka Medium and large companies in Nigeria have been given additional time to comply with the Federal Inland Revenue Service’s (FIRS) new electronic invoicing (e-Invoicing) system, which links corporate transactions directly to tax monitoring platforms. The extension applies to…
The Alternative Bank to deepen inclusive banking for rural women
The Alternative Bank has reaffirmed its commitment to expanding inclusive banking opportunities for rural women and women-led enterprises across Nigeria. This pledge was made during a high-level virtual forum the Bank hosted on Friday to commemorate the International Day for…
Access Holdings reports ₦3.9 trn gross earnings in nine months
Sopuruchi Onwuka Access Holdings Plc has announced its financial results for the nine months ended September 30, 2025, posting gross earnings of ₦3.9 trillion — a 14.1 percent increase from ₦3.4 trillion recorded in the corresponding period of 2024. According…
