Money Market

Stripe Acquires Nigeria’s Paystack for More than $200m

Culled—Proshare October 16, 2020 By Ndubuisi Ekekwe of Tekedia Stripe acquires Nigeria’s Paystack for more than $200 Million. When Stripe invested in Paystack a few years ago, many noted that it was certainly a way to understand the market. I did speak and exchanged emails with the co-founder of Stripe, […]

Ecobank Organises Diaspora Summit; Showcases Remittance Products for Nigerians Overseas

October 16, 2020/Ecobank Nigeria Ecobank Nigeria has announced that it is providing financial services and remittance solutions designed to support and enhance the lifestyles of Nigerians in the diaspora, ensuring their sustainable growth. This, the bank noted, is particularly important today, as the world embraces the new normal following the […]

Stanbic IBTC Retains Fitch’s AAA Rating

October 13, 2020/Mediacraft Globally renowned credit rating agency, Fitch Ratings, has reaffirmed that Stanbic IBTC Holdings PLC and its subsidiary, Stanbic IBTC Bank PLC, have retained their National Long-Term’ AAA (nga)’ and National Short-Term’ F1+(nga)’ ratings. Fitch Ratings is a leading provider of credit ratings, commentary and research for global […]