Regulatory
South African Competition Tribunal Blocks Vodacom-Maziv Merger
In a surprising move, the South African Competition Tribunal has blocked Vodacom’s proposed merger with fibre provider Maziv, a decision that Vodacom described ...
News
Nigeria: Foreign Investors Rally Behind Nigeria Eurobonds Amid Global Rate Cuts
Nigeria’s Eurobonds are witnessing renewed interest from foreign investors as global central banks, particularly in emerging markets, begin to cut interest rates. With ...
News
Nigeria: CBN Ready to Deploy All Tools to Tackle Inflation — Cardoso
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, stated that the bank is prepared to use “all tools at our disposal” to ...
News
Nigerian Banks Hold Unknown Legacy Exposure Levels – Moody’s
According to Moody’s Ratings, Nigerian deposit money banks are holding undisclosed levels of legacy exposures following regulatory forbearance provided by the Central Bank ...
Nigeria
Nigeria: CBN to Begin Regular Data Sharing on Net External Reserves from 2025 — Cardoso
The Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, announced that starting in 2025, the CBN will regularly disclose information on the ...
Nigeria
Nigeria: FCCPC Investigates Banks for Violations of Customers’ Rights Amid Service Disruptions
The Federal Competition and Consumer Protection Commission (FCCPC) has raised concerns over recent disruptions in banking services that have left customers unable to ...
Eswatini
ESWATINI: CBE WINS TWO PRESTIGIOUS INTERNATIONAL CURRENCY AWARDS
The Central Bank of Eswatini was last night announced as the winner in the best recirculation or innovative initiative for its coin management ...
Africa
AFRICA’S FASTEST-GROWING FINTECH – MONIEPOINT SECURES US$110 MILLION INVESTMENT TO SCALE DIGITAL PAYMENTS AND BANKING SOLUTIONS
London, UK – 29 October 2024: Moniepoint Inc. (“the Company” or “Moniepoint”), Africa’s fastest-growing fintech, announces it has successfully raised US$110 million in ...
News
Nigeria: PalmPay Urges Fintech Founders to Strengthen FDI for Africa’s Growth
PalmPay, an Africa-focused fintech firm, is calling on fintech founders across the continent to strengthen investor confidence to attract increased foreign direct investment ...
News
Nigeria: CBN and IFC Collaborate to Boost $1 Billion Funding for Nigerian Businesses
The Central Bank of Nigeria (CBN) and the International Finance Corporation (IFC), the World Bank’s private sector arm, have entered into a partnership ...