News
Nigeria: CBN’s Interest Rate Hikes: A Cumulative 850 Basis Points in Seven Months
Under the leadership of Olayemi Cardoso, the Central Bank of Nigeria (CBN) has enacted a series of interest rate increases, known as Monetary ...
Africa
Africa: Ivorian Fintech Daba Finance Clinches Victory at the 2024 Ecobank Fintech Challenge
Ivorian fintech company Daba Finance has been crowned the winner of the 2024 Ecobank Fintech Challenge, as announced by Ecobank, a prominent pan-African ...
Africa
Africa: Mastercard and Amazon Join Forces to Accelerate Digital Payment Adoption Across Middle East and Africa
Mastercard, a global leader in payment technology, has announced a multi-year strategic partnership with Amazon Payment Services to drive the adoption of digital ...
Kenya
Kenya to Host 2026 Global Data Festival, President Ruto Announces
Kenya has been selected to host the 2026 Global Data Festival, a landmark event aimed at driving global advancements in data, technology, and ...
Ghana
Ghana: Bank of Ghana Introduces Gold Coins as New Investment Opportunity for Ghanaians
In a strategic move to diversify investment options for Ghanaians, the Bank of Ghana has launched the “Ghana Gold Coin,” providing an alternative ...
News
Nigeria: Blockchain Firm Backs Plateau State’s Digital Transformation Efforts
The Algorand Foundation, a leading blockchain firm, has pledged its support to Plateau State’s digitalization agenda under Governor Caleb Mutfwang. The partnership is ...
Nigeria
Nigeria: Banks Blame CBN for Cash Shortages, Risking Sanctions as Cash Scarcity Worsens
Nigerian commercial banks are currently in a standoff with the Central Bank of Nigeria (CBN) over the ongoing cash scarcity, as each party ...
Nigeria
Nigeria: SEC Pledges Action Against Illegal Fund Managers
The Securities and Exchange Commission (SEC) has issued a stern warning to entities involved in illegal fund management, urging them to cease such ...
Africa
Global: India to Assist African Nations in Developing Digital Payment Systems Based on UPI Model
India’s rapid growth in digital payments, propelled by the success of its Unified Payments Interface (UPI), is now serving as a model for ...
Nigeria
Nigeria: Bank-Fintech Collaboration Crucial for Nigeria’s $1 Trillion GDP Goal by 2026, Say NDIC and Stakeholders
Collaboration between banks and fintech companies is essential for Nigeria to achieve its ambitious goal of a $1 trillion Gross Domestic Product (GDP) ...