Zenith Bank Pre-Tax Profit Rises to ₦928.8bn in Nine Months of 2026

Zenith Bank Plc has reported a profit before tax of ₦928.80 billion for the nine months ended September 30, 2026, representing a 1.24% increase from the ₦917.41 billion recorded during the corresponding period of 2025. The increase came despite a significant decline in the bank’s gross earnings and a reversal in trading performance, as lower … Read more

Binance Hacked: $6.3 Billion Crypto Exchange Hack, What Happened and Are Users’ Funds Safe?

The cryptocurrency industry is facing one of its biggest security crises after Binance, the world’s largest cryptocurrency exchange by trading volume, reported a major security breach with an estimated financial impact of approximately $6.3 billion. The incident, which came to light on Thursday, October 29, 2026, has raised serious questions about the security of cryptocurrency … Read more

Free OPay Android POS Machine: How to Get One, Requirements and Daily Target

My name is Prudent Joshua. I work as an OPay Business Developer (BD) and Channel Development Lead (CDL), helping POS agents and merchants with their businesses. If you are already doing POS business and your customers come to you every day to withdraw cash, deposit money or carry out transfers, there is an opportunity you … Read more

Nigeria’s Inflation Falls to 14.63% as CBN Reports $55bn Reserves and ₦4.65tn Bank Capital

Nigeria’s headline inflation rate fell to 14.63% in September 2026, while the country’s external reserves exceeded $55 billion, according to figures highlighted by Central Bank of Nigeria (CBN) Governor Olayemi Cardoso at the 2026 IMF–World Bank Annual Meetings in Bangkok, Thailand. Cardoso presented the figures at a press briefing on October 17, describing them as … Read more

South Africa Plans Free ATM Withdrawals as 30,000 Machines Face Major Changes

South Africa is preparing to overhaul its ATM network, with the South African Reserve Bank (SARB) proposing a shared system that could make small cash withdrawals, deposits and balance enquiries free below a specified transaction limit. The plan would move the country’s more than 30,000 automated teller machines (ATMs) towards a shared, unbranded network that … Read more

Onafriq to Shut Down Baxi Agent Banking in Nigeria as POS Business Faces Rising Costs

Onafriq, the pan-African payments company that operates Baxi in Nigeria, has announced plans to wind down its agent banking business, marking a major change for merchants and POS agents using the platform. The company disclosed the decision on Friday, October 16, 2026, citing rising operating costs, naira depreciation, inflation and growing competition in Nigeria’s payment … Read more