The National Bureau of Statistics (NBS) has announced that its planned rebasing of Nigeria’s Gross Domestic Product (GDP) will provide a more accurate ...

The rapid rise of mobile money across Africa in recent years has transformed the savings landscape, marking a significant shift toward financial inclusion. ...

FirstBank, a prominent Nigerian financial institution, has announced it will transition to a new cloud-based procurement and financial platform to boost operational efficiency ...

The Central Bank of Kenya (CBK) has reduced its benchmark interest rate by 75 basis points to 12% in its October 8, 2024, ...

Nigeria’s external reserves have risen to $40.2 billion as of October 18, 2024, according to the Central Bank of Nigeria (CBN). CBN’s Deputy ...

The Central Bank of Nigeria (CBN) has initiated targeted engagements with the Nigerian diaspora to enhance remittance flows into the country, aiming to ...

The House of Representatives has called on the Central Bank of Nigeria (CBN) to begin a gradual phase-out of old naira notes and ...

Amid a wave of system disruptions affecting several major Nigerian banks, First Bank has scheduled its own transition to a new cloud-based procurement ...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and other Monetary Policy Committee (MPC) members have indicated that reducing the ...

Kenyan digital commerce startup Tappi has partnered with Safaricom’s M-PESA to deliver innovative digital tools to over 650,000 small and medium-sized enterprises (SMEs) ...