Nigeria
Nigeria’s Central Bank Reaffirms Vigilance in Monitoring Banks and Protecting Depositors’ Funds
The Central Bank of Nigeria (CBN) has reiterated its commitment to safeguarding the country’s financial stability, emphasizing its proactive measures to monitor the ...
News
Nigeria: Money Market Rates Decline as Financial System Liquidity Improves
Money market rates dipped on Monday as liquidity levels in Nigeria’s financial system improved ahead of bond auction debits. Despite the absence of ...
Nigeria
Nigeria: Blockchain as a Catalyst for Economic Growth, Says Nigerian Expert
Adeshina Ajayi, a Nigerian blockchain expert, has underscored the transformative potential of blockchain technology in driving economic growth. Ajayi, who is leading initiatives ...
Africa
Africa: Binance Integrates Mobile Money Payments to Expand Crypto Access Across Africa
Binance, a leading global blockchain and cryptocurrency infrastructure provider, has announced the integration of mobile money payments into its platform to enhance access ...
Nigeria
Nigeria: SEC to Equip CEOs, Compliance Officers on FATF Regulations
The Securities and Exchange Commission (SEC) is set to host a compliance summit aimed at empowering Chief Executive Officers (CEOs) and Compliance Officers ...
Kenya
Kenya: Bank of Kenya Migrates National Payment System to ISO20022
In a significant step towards modernizing Kenya’s financial infrastructure, the Central Bank of Kenya (CBK) has successfully migrated the national payment system to ...
Nigeria
Nigeria: NATCOMS Proposes 10% Tariff Increase for Telecoms Amid Rising Costs
The National Association of Telecommunications Subscribers (NATCOMS) has urged the Nigerian Communications Commission (NCC) to approve a 10% tariff increase for telecommunications companies ...
News
Nigeria: FBN Holdings Appoints Wale Oyedeji as Group Managing Director
FBN Holdings Plc, one of Nigeria’s foremost financial institutions, has named Adebowale Wale Oyedeji as its new Group Managing Director (GMD), effective from ...
Nigeria
Nigeria: Federal Government Proposes 5% Tax on Telecom Services and Other Sectors
The Federal Government of Nigeria has put forward a proposal to introduce a 5% excise duty on telecommunications services, gaming, and betting activities ...
Africa
Africa: Interswitch Advocates for Innovative Local Currency Payment Solutions
Interswitch Group, a leading payments and digital commerce company, has highlighted the urgent need to develop local currency payment solutions to foster inclusive ...