Money Market

Africa’s Ecobank targets strong customer growth from mobile banking

March 15, 2017/Reuters By Chijioke Ohuocha LAGOS (Reuters) – Africa’s Ecobank expects its new digital banking platform to help to boost its customer base across the continent to 100 million from 13 million by 2020, it said after announcing that it had signed up 1.5 million personal accounts through the […]

GT Bank to reduce loan growth to focus on bond investment

March 15, 2017/Reuters By Chijioke Ohuocha LAGOS (Reuters) – Nigeria’s Guaranty Trust Bank (GT Bank) plans to reduce loan growth this year to focus on the increased profit to be had from maintaining domestic bond investment levels, its chief executive said on Wednesday. Nigeria’s government aims to fund half of […]

Mastercard partners with Mobile Money Africa to host the CashlessAfrica Conference and Expo in Nigeria

March 15, 2017/CashlessAfrica Leading digital payment solutions provider, Mastercard (www.Mastercard.com), has been unveiled as the headline sponsor of the 6th Edition of the CashlessAfrica Conference and Expo (http://CashlessAfrica.com). The event is organised by Mobile Money Africa and is scheduled for 22 to 23 March, at the Oriental Hotel, Lekki in […]