Money Market

$1 billion in transactions processed on Ecobank Mobile App in Africa

April 9, 2018/Ecobank The groundbreaking Ecobank (www.Ecobank.com) Mobile App, a single, unified financial services application across 33 African countries, has processed 9 million transactions worth over $1 billion since launch less than 18 months ago.   With over 4 million users, the Ecobank Mobile App is available to all, enabling users […]

Jim Ovia Speaks on Fintech and the Future of the Nigerian Banking Industry

Culled—Proshare April 9, 2018/Zenith Bank  With the saturation of the mobile phone market in Nigeria and the advent of Financial Technology startups (FINTECH) in the financial services industry, the Nigerian polity has witnessed higher financial inclusion amongst the underbanked and unbanked. In a recent interview with BBC, the Founder/Chairman of […]

Access Bank Introduces USSD Code *901*11# for PayDay Loan

April 9, 2018/Access Bank Plc With the intent to provide quicker and instant access to loans for customers, Access Bank Plc has launched a special USSD code *901*11#, a strategic tool for the recently-launched PayDay Loan product by the Bank. Unveiled in partnership with Remita, PayDay Loan requires no collateral or guarantor, enabling customers […]