Togo: NSIA Bank Aims to Join the Banking Sector’s Top Three

Author: Esaïe EdohPublished on: November 2, 2026Country: Togo
Business & Economy
Togo: NSIA Bank Aims to Join the Banking Sector’s Top Three

At the celebration of NSIA Bank Benin’s 15 years of operations in Togo, its local branch said it aims to join the country’s top three banks within two years. Ranked seventh at the end of 2025, with total assets of 344.5 billion CFA francs, it plans to expand lending to SMEs and agriculture and promote financial inclusion, while investing in digitalization, service quality and risk management. The bank is also considering becoming an autonomous subsidiary of NSIA Bank Benin. At the end of 2025, Orabank, Ecobank and Coris Bank International held the top three positions.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Nigerian newspapers review: Banks raise lending rates for top borrowers despite CBN cuts
Business & EconomyPoliticsNigeria
vanguardngr.com•

Nigerian newspapers review: Banks raise lending rates for top borrowers despite CBN cuts

Vanguard reports that Nigerian banks are raising lending rates for their biggest borrowers despite the Central Bank of Nigeria (CBN) lowering interest rates. It also says civil servants are defending the 70,000-naira transport allowance agreement, while Pastor Enoch Adeboye disputes reports linking a placard he carried during a prayer walk to Goodluck Jonathan’s administration. The Guardian reports that Nigeria Democratic Congress candidate Peter Obi accused Bola Tinubu’s government of piling up debt without improving living conditions, while The Punch says the federal government has threatened sanctions for public procurement violations. The Nation reports that Tinubu’s re-election bid received endorsements from Chukwuma Soludo, Abba Yusuf, Dave Umahi and Barau Jibrin.

Read More
Electricity: META Energy solar kits are estimated to cost 18% more than Socadel
Business & EconomyCameroon
Investir au Cameroun•

Electricity: META Energy solar kits are estimated to cost 18% more than Socadel

Cameroonian company META Energy estimates the cost of its solar electricity offer at 133 CFA francs per kWh, about 18% above Socadel’s comparable residential rate; Socadel was formerly known as Eneo. The estimate is based on commercial terms presented in Yaoundé on October 27, 2026, when META Energy launched its operations in partnership with Canada’s Eclipse Énergies Renouvelables. The most powerful residential package requires an upfront payment of 499,900 CFA francs followed by monthly payments of 49,900 CFA francs for ten years, totaling 6.49 million CFA francs before ownership of the installation transfers to the customer. The calculation assumes the system supplies, and the customer uses, all 13.4 kWh advertised each day, including 9.2 kWh at night.

Read More
Retirement: Elon Musk says to stop saving, American financial experts warn it’s dangerous
Business & EconomyTechnologyUnited States
Francis Noude•

Retirement: Elon Musk says to stop saving, American financial experts warn it’s dangerous

In early January 2026, Elon Musk said on the Moonshots with Peter Diamandis podcast that AI advances would soon make retirement savings unnecessary in the United States, predicting AI would surpass all of humanity by 2030 and that future services would provide housing and health care. Financial professionals quoted by Kerry Hannon in Yahoo Finance rejected betting one’s future on this hypothetical abundance. Conor Kelly warned that scarce assets such as real estate could become more valuable, while Dan Galli noted that futuristic predictions often materialize only partially. Pam Krueger acknowledged that AI could reduce some costs but advised people to keep saving, saying lower-than-expected future expenses would leave savers better prepared.

Read More

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox