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Banks, fintech, capital rules and where the money is being lent.
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FinanceLow
The CBN has given JPMorgan approval-in-principle to open a merchant bank in Nigeria. It is a first step, not a licence. Here is what that means, in plain words.
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FinanceMedium
CBN governor Olayemi Cardoso is now chairman of Africa Finance Corporation's board. What AFC does, and why the CBN's 38% shareholding explains the appointment.
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FinanceMedium
Ecobank is joining China's CIPS payment system to settle trade in yuan. What CIPS is, why it matters for African importers, and what is still unclear.
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FinanceHigh
CBN offers ₦900bn in treasury bills on 7 October. What T-bills are, why rates are falling, and what the 364-day bill actually pays savers after inflation.
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FinanceMedium
Kenya's central bank proposes a capital dial it can turn up in a boom,What the CBK's new 2.5% buffer would mean for Kenya's biggest banks
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FinanceHigh
Chime agrees to buy Stride Bank for $590M cash, trading sponsor-bank dependencies for a national charter, higher margins, and $100M+ in net synergies.
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FinanceHigh
FirstBank crosses ₦1tn in cumulative digital loans while disbursing ₦1bn daily via FirstAdvance. Here is the financial mechanics driving instant retail credit in Nigeria.
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