Financial markets, banking, economic policy, and business news.
The Financial Institutions Training Centre will gather industry leaders in March to address workforce value delivery challenges as automation and digital tools reshape traditional banking roles across Zimbabwe's financial services landscape.
A House of Representatives committee has revealed Nigeria loses approximately N8 trillion yearly through tax concessions, waivers, and exemptions, representing substantial revenue leakage that undermines fiscal capacity.
Monica Cash processes over N500 billion in three years of operations while the Nigerian-British Chamber of Commerce presents economic reforms to UK investors weighing emerging market exposure amid private credit opportunities.
Nigeria's financial sector demonstrates growth momentum as fintech Monica Cash processes over N500 billion in three years of operations, while the Nigerian-British Chamber of Commerce markets reform credentials to London investors amid persistent risk concerns.
Multiple African economies are implementing monetary easing policies as inflation pressures subside, with Zimbabwe achieving sub-10% inflation for the first time in nearly three decades while Nigeria reports sharp food price deceleration.
The Federal Government's February 2026 Savings Bond attracted ₦5.9 billion in subscriptions, while fintech firm Nairagram closed a ₦10 billion Commercial Paper issuance within 48 hours, signaling sustained investor appetite for Nigerian fixed-income instruments.
Nigeria's Economic and Financial Crimes Commission arraigned a corporate executive and his wife for alleged investment fraud involving N740 million, while Kenyan authorities detained three suspects wanted in the United States for financial crimes ahead of extradition proceedings.
Fiscal disputes intensify across the continent as regional governors challenge central authorities over revenue distribution, with Kenya's counties demanding Sh534.96 billion and Nigeria's opposition-led states alleging political discrimination in federal disbursements.
The Nigerian Exchange recorded its strongest single-day performance in 2026, surging 4.36% to close above 190,000 points for the first time, while 26 companies now hold trillion-naira valuations with combined market capitalization of N110.54 trillion.
Nigeria's banking sector attracted $16.78 billion in capital importation during the first nine months of 2025, with major lenders completing Central Bank-mandated recapitalization requirements, though ECOWAS investors contributed just 0.01% of total inflows.
From a sophisticated eCitizen heist in Kenya to billion-naira money laundering in Nigeria, recent prosecutions expose the sprawling nature of financial crime across the continent, where insider access and construction sector fraud dominate courtroom dockets.
January's unexpected decline in inflation has intensified pressure on the Central Bank of Nigeria to pivot toward monetary easing, though economists caution that structural vulnerabilities could complicate the policy shift.
Nigerian fintech Grey has launched a dedicated business platform to streamline international transactions for African startups and small enterprises, addressing persistent foreign exchange and payment settlement challenges that have constrained regional commerce.
The Financial Institutions Training Centre will host its flagship Employee Engagement and Experience Conference in March 2026, bringing together industry leaders to address how Zimbabwe's banking sector can deliver workforce value amid accelerating digitalization.
Guaranty Trust Bank launched a 2.95% airtime loan product while AfriGO partnered with PalmPay for in-app card requests, as financial institutions leverage mobile platforms to expand service accessibility across West Africa.