Open banking is a system that allows banks and financial institutions to share financial information securely with each other through technology. This sharing of information can help improve financial services and products available to customers. Open banking allows third-party access to financial information by utilizing application programming interfaces (APIs). The game-changer preceding this is the […]
Nigeria stands at yet another pivotal moment in its history as on the 29th of May 2023, a new administration was officially handed the wheels to steer this ship – Nigeria to success. We dare say, the new administration laid out an ambitious roadmap for the nation’s future. Bola Ahmed Tinubu will effectively become Nigeria’s […]
Artificial Intelligence (AI) has emerged as a transformative force, switching up the operations and services of financial institutions worldwide, tremendously. Recently, the visit of the OpenAI CEO – Sam Altman to Nigeria further buttresses the impact of AI in driving innovation and its adoption, particularly in our climes. This impact is also felt in Nigeria’s […]
In the first quarter of 2023, Nigeria’s macroeconomic environment was characterized by a cash crunch that was largely attributed to the transition to a cashless economy and the forthcoming election. The scarcity of cash led to a decline in economic activity as businesses struggled to access credit and pay their bills. Economic activity was subdued, […]
We have launched an innovative capacity development programme for women in business. The FSDH-EDC Women Business Impact Programme is designed to help female entrepreneurs bridge their business skills and knowledge gap and increase the success rate of women in business. It is a brainchild of FSDH Women in Business Initiative (WIBI), the bank’s gender desk […]
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