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Chime Shares Rise as Stride Bank Deal Strengthens Banking Ambitions
TechnologyBusiness

Chime Shares Rise as Stride Bank Deal Strengthens Banking Ambitions

Chime shares climbed 7% on Wednesday after the fintech company agreed to acquire Stride Bank for $590 million, a deal that will put...

FirstBank disburses over ₦1bn in digital loans daily, MD says
BusinessNigeria

FirstBank disburses over ₦1bn in digital loans daily, MD says

By Benson Daniel FirstBank Nigeria is disbursing more than ₦1 billion in digital loans every day as demand for faster and technology driven...

Afreximbank Profit Rises 30% to $535 Million as Lending Expands
ActiveAfricaBusiness

Afreximbank Profit Rises 30% to $535 Million as Lending Expands

By Benson Daniel The African Export Import Bank recorded a 30 per cent increase in profit to $535 million in the first half...

Banks Urged to Inject N4.65trn into MSMEs to Drive Economic Growth
BusinessNigeria

Banks Urged to Inject N4.65trn into MSMEs to Drive Economic Growth

By Benson Daniel The Chartered Institute of Bankers of Nigeria has urged commercial banks to channel a significant portion of the N4.65 trillion...