Banking Research & Consulting

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Thursday, 26 December 2024

Our archives on Central Bank of Nigeria

Research Notes

OPay secured 22% share of Nigerian e-wallet market in last 3 years

Mobile-based payment platform OPay has grown exponentially since its launch in 2018, penetrating the unbanked and underbanked population in Nigeria. It allows users to send and receive money, pay bills, and order food and groceries, with a network of thousands of agents.

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Banks from Middle East and Africa are the most profitable in the world

The Middle East and Africa lead in bank profitability, benefiting from considerable non-interest-bearing deposits and elevated oil prices in the Middle East, along with high interest rates and foreign exchange gains in Africa, according to the TAB Global 1000 Strongest Banks Ranking.

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Our archives on Central Bank of Nigeria

OPay secured 22% share of Nigerian e-wallet market in last 3 years

Banks from Middle East and Africa are the most profitable in the world