Business

UBA’s LEO Becomes Africa’s First Chatbot to Enable Cross-Border Payments

·                   Revolutionises Remittances with PAPSS Instant Payment Service Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced that its Artificial Intelligence chatbot, LEO is now enabled to carry out cross-border payment transactions. By this, LEO becomes Africa’s first AI-powered chatbot to facilitate cross-border payments, offering customers a seamless and …

Read More »

Stanbic IBTC Bank Shines at Euromoney Awards 2025, Named Nigeria’s Best Bank for Securities Services and SMEs

Stanbic IBTC Bank, a member of Standard Bank Group, has once again reinforced its leadership in Nigeria’s financial services sector with two prestigious wins at the Euromoney Awards for Excellence 2025. The Bank was named Nigeria’s Best Bank for Securities Services and Nigeria’s Best Bank for SMEs, reflecting its commitment to delivering exceptional financial …

Read More »

Glo subscribers to enjoy device protection   

Telecommunications company, Globacom, has said its customers will henceforth enjoy device protection as it partners Nigeria’s leading technology solutions enabler, Cubecover. The Device Protection service which is an industry first in Nigeria will avail both new and existing Glo subscribers protection of their mobile devices against screen and water damage for a small premium, …

Read More »

Fidelity Bank to Empower 100 SMEs Across Nigeria with Digital Tools

As part of its unwavering commitment to digitally transform Nigeria’s small and medium-scale enterprises (SMEs), leading financial institution Fidelity Bank is set to empower entrepreneurs across the country with cutting-edge digital tools designed to streamline operations, boost productivity, and drive sustainable growth. Through the Fidelity SME Empowerment Program (FSEP), the …

Read More »

Fitch downgrades Ecobank Nigeria’s viability rating to ‘f’

Credit ratings agency Fitch Ratings has downgraded Ecobank Nigeria’s viability rating to ‘f’ from ‘ccc.’ A viability rating assesses a financial institution’s intrinsic creditworthiness, including its standalone strength and capacity to weather economic downturns. The downgrade of the viability rating to ‘f’ “reflects Fitch’s view that the bank has suffered …

Read More »

NNPC Ltd dismantling bottlenecks to self-sufficient refining sector in Africa – Ojulari

The Group Chief Executive Officer of NNPC Ltd., Engr. Bashir Bayo Ojulari, has reaffirmed the Company’s commitment to dismantling structural bottlenecks hindering the realisation of a self-sufficient refining ecosystem in Africa. Ojulari disclosed this while delivering a keynote address titled “Building an African Refinery Hub” at the Global Community Insights …

Read More »