Nigeria
Nigeria: CBN Labels Zuldal Microfinance Bank as an Illegal Financial Institution
The Central Bank of Nigeria (CBN) has officially declared Zuldal Microfinance Bank an illegal financial institution. According to the CBN, Zuldal Microfinance Bank ...
Fintech
Nigeria: PalmPay urges Nigerians to safeguard digital accounts
PalmPay Nigeria on Tuesday carried out a sensitisation 7km walk across major streets of Kano metropolis to educate residents on online fraud and ...
Nigeria
Nigeria: Loan repayment defaults increase in banks — CBN survey
A Central Bank of Nigeria, CBN, survey report has shown that banks recorded increased default rates on secured loans in the third quarter of the ...
News
Nigeria: Remita Warns Nigeria, African Nations Risk Digital Colonisation Without Data Ownership
Nigeria and other African countries could face a new wave of digital colonisation if they fail to assert control over their data and ...
News
SA: Telkom’s Revenue Rises 3.4% to $1.28 Billion in H1 of 2025, Fueled by Data Growth
Telkom’s revenue rose 3.4% to $1.28 billion in the first half of 2025, thanks mostly to a big jump in data revenue. The ...
News
Nigeria: MTN Nigeria Launches Unlimited Broadband Data Plans Powered by 5G
MTN Nigeria has just rolled out something Nigerian internet users have been waiting for: unlimited broadband data plans powered by their new 5G ...
Mali
Mali: Orange Mali Raises $92.5 Million to Speed Up Digital Access Expansion
Orange Mali has just raised $92.5 million to speed up digital access in the country. This funding will help the company grow its ...
News
Nigeria Implements World Bank’s FundsChain System
Nigeria is taking a big step forward by implementing the World Bank’s FundsChain system, a blockchain-based platform designed to improve how money meant ...
Kenya
Kenya Targets Illicit Cryptocurrency Use in AML Crackdown
Kenya targets illicit cryptocurrency use with a fresh push against money laundering and terrorism financing. The country’s government recently made it clear to ...
Kenya
Kenya: Kenswitch Prevails in Landmark Tax Case as Tribunal Confirms Switching Services Are VAT-Exempt
Kenswitch, Kenya’s leading independent payment switch, has secured a major legal victory after the Tax Appeals Tribunal ruled that its transaction switching services ...