Kenya
Kenyan Lawmakers Renew Push for Safaricom and M-PESA Separation
Kenyan lawmakers are once again advocating for the separation of Safaricom’s telecom operations from its highly successful mobile money service, M-PESA. If passed, ...
Africa
Ghana Officially Launches Free Roaming with Togo and Benin
Ghana has officially launched its Free Roaming Initiative with neighboring West African countries, Togo and Benin. This development follows an agreement signed in ...
Kenya
Kenya to Leverage AI and Machine Learning for Tax Evasion Detection
The Kenya Revenue Authority (KRA) is set to harness the power of artificial intelligence (AI) and machine learning (ML) to tackle tax evasion ...
Nigeria
Nigeria: CBN Reaffirms Commitment to Financial System Stability and Safety of Depositors’ Funds
The Central Bank of Nigeria (CBN) has reassured the public of its continued commitment to maintaining the stability of the country’s financial system ...
News
Nigeria: CBN Conducts Regular Stress Tests to Ensure Banking Stability
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to maintaining the stability of the country’s financial system by conducting regular stress ...
Nigeria
Nigeria: CBN Strengthens Oversight of Nigerian Banks Abroad with Foreign MoUs
The Central Bank of Nigeria (CBN) has bolstered its supervisory role over Nigerian banks operating internationally by signing Memoranda of Understanding (MoUs) with ...
Nigeria
Nigeria: Smart Regulation Key to Financial Stability and Inclusive Growth, Says SEC DG
Dr. Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC), has emphasized that smart regulation is essential for driving inclusive growth and ...
Africa
Africa: AfDB Appoints Nwabufo as Vice-President for Regional Development and Business Delivery
The African Development Bank (AfDB) Group has appointed Nigerian professional, Mrs. Nnenna Nwabufo, as Vice-President for Regional Development, Integration, and Business Delivery, effective ...
News
Nigeria: Mobile Money Operators Process N41.5 Trillion in Transactions Over Seven Months
Data from the Nigeria Inter-Bank Settlement Systems (NIBSS) shows that licensed mobile money operators, including Palmpay, OPay, and 15 others, processed transactions worth ...
Africa
Combating Digital Payment Fraud in West Africa: A Challenge and Opportunity
The rapid adoption of digital payment technologies across West Africa has revolutionized the way people conduct financial transactions. However, this growth has also ...