News24 | Zero fees, real profit: Bank Zero breaks even and eyes new lending push

Reported by News24 Business · Mon 20:00

Image: News24 Business

Digital challenger Bank Zero says it hit breakeven in August. It is now eyeing new licences for lending, foreign exchange and remittance services, while also planning to target business clients who are hungry for low-fee banking.

Read the full story on News24 Business →

News24x7 shows the headline and a short extract only. The full article, its images and all rights belong to News24 Business.

More in Business & Finance

See all →

💰 Business & Finance

Kwara targets 100,000 MT milk, eyes job investment (opens on the publisher’s site)

Kwara State is shifting from subsistence livestock farming to a commercial value chain, targeting 100,000 metric tonnes of milk to create jobs and investme Read More: https://punchng.com/kwara-targets-100000-mt-milk-eyes-job-investment/

Punch Nigeria 6 min ago details

💰 Business & Finance

Kebbi, W/Bank, begin erosion control (opens on the publisher’s site)

The Kebbi State Government, in partnership with the World Bank, has commenced gully erosion and flood control works in Birnin Kebbi communities. Read More: https://punchng.com/kebbi-w-bank-begin-erosion-control/

Punch Nigeria 8 min ago details

💰 Business & Finance

Food relief, fuel squeeze (opens on the publisher’s site)

South Africa's food inflation ticked up modestly in August after months of decline, but intensifying fuel price pressures and potential El Niño drought risks threaten to squeeze household budgets further.

Mail & Guardian 2 hours ago details

💰 Business & Finance Breaking

Billion-rand dirt beneath SA's schools (opens on the publisher’s site)

While schools like Hilton College charge the country's highest fees, an analysis of campus land value shows that urban schools like Bishops and St Stithians hold fortunes worth billions in prime real estate.

Mail & Guardian 2 hours ago details

💰 Business & Finance

Netanyahu blames ‘juvenile delinquents’ for violence in occupied West Bank (opens on the publisher’s site)

As spoke at the UN, Israeli Prime Minister Benjamin Netanyahu downplayed settler violence in the occupied West Bank.

Al Jazeera 3 hours ago details

💰 Business & Finance

News24 | Fed hawkishness pushes rand to worst level in weeks (opens on the publisher’s site)

The dollar hit a fresh two-month high against key currencies on Thursday as Treasury yields rose ‌and expectations of further Federal Reserve interest rate hikes strengthened after hawkish remarks from several ⁠central bank officials and solid economic data.

News24 Business 4 hours ago details