Nigeria
Nigeria: FX Backlog Clearance and Transparency Drive Rise in External Reserves — CBN Governor
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has credited the recent growth in Nigeria’s external reserves to the clearance ...
Nigeria
Nigeria: Meta, NDPC Move to Settle $32.8 Million Data Privacy Dispute Out of Court
Global tech giant Meta and the Nigeria Data Protection Commission (NDPC) have agreed to resolve their $32.8 million data privacy dispute through an ...
Kenya
Kenya Moves Closer to Crypto Regulation as VASP Bill Advances in Parliament
Kenya is edging towards comprehensive cryptocurrency regulation after its National Assembly approved the Virtual Asset Service Providers (VASP) Bill at the committee stage ...
Nigeria
Nigeria: CBN Reaffirms Commitment to Clean Naira Notes, Highlights Currency and Economic Stability Efforts
The Central Bank of Nigeria (CBN) has reiterated its commitment to ensuring the circulation of clean Naira notes while urging Nigerians to treat ...
Nigeria
Nigeria: NDIC Warns Nigerians Against Rising Ponzi Schemes, Reaffirms Deposit Insurance Protection
The Nigeria Deposit Insurance Corporation (NDIC) has cautioned Nigerians to remain vigilant against fraudulent investment platforms, including Ponzi schemes, stressing that only funds ...
News
Tanzania: I&M Bank Tanzania Partners with Mastercard and OpenWay to Roll Out World Elite Debit and Multi-Currency Cards
I&M Bank Tanzania, in collaboration with Mastercard and OpenWay, has introduced the country’s first Mastercard World Elite debit card and multi-currency prepaid cards, ...
Africa
Africa: UBA Strengthens Pan-African Expansion, Reassures Shareholders of Competitive Dividends
United Bank for Africa (UBA) Plc has reiterated its commitment to delivering sustainable long-term value to shareholders and stakeholders, leveraging its strong digital ...
Nigeria
Nigeria: CBN announces phased restructuring of fixed income market to enhance transparency and oversight
The Central Bank of Nigeria (CBN) has unveiled plans for a phased restructuring of the Nigerian Fixed Income Market, in a move aimed ...
Kenya
Kenya: Pesalink partners with Cellulant to tap premium payments market
Pesalink, Kenya’s interbank money transfer platform, has entered into a strategic integration with pan-African fintech Cellulant through its digital payments platform, Tingg. The ...
News
Nigeria Spends $2.86bn on Debt Servicing in Eight Months – CBN
Nigeria expended $2.86 billion on external debt servicing between January and August 2025, representing 69.1% of total foreign payments of $4.14 billion, according ...