Former Zambian minister Mutotwe Kafwaya was fatally shot during a security raid after the election, as EU observers questioned the vote tabulation process.
Absa closed 79 branches and more than 100 ATMs as rising digital adoption reshaped banking, while the lender expanded smaller service outlets across South Africa.
The Central Bank of Nigeria has released instructions to banks on foreign currency deposits aimed at ensuring financial transparency and stopping illicit activities.
Sundry Markets Ltd, an indigenous retail chain in Nigeria, has been recognized as one of Africa's top 50 fastest-growing companies for 2024 by the Financial Times.
Official data from FMDQ Securities indicates that the amount is 0.15% lower than it was on Wednesday, June 26, at the closing rate of N1,507.83 against the dollar.
The Nigerian currency, the naira, continued its poor performance against the US dollar and other currencies in the official and unofficial foreign exchange markets.
On the parallel market, he value of Nigeria's naira fluctuated between N1,498 and N1,505 per US dollar on Wednesday in spite of the $24 billion inflows.
Eyowo, a digital bank, has announced that it has secured a reinstatement of its full license by the CBN, allowing the fintech to resume banking services.
Nigeria's national debt stock increased from N97.34 trillion in December 2023 to N121.67 trillion in March, according to the Debt Management Office.
Nigerian currency, the naira depreciated again in the official and official foreign exchange markets despite efforts by the Central Bank of Nigeria.
The Nigerian Sovereign Investment Authority has shortlisted candidates for the $220,000 Innovation Prize for Entrepreneurs in Nigeria to grow their businesses.
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