News
GMW2022: Firstbank commits to building future generation
All around the Globe, the concept of financial literacy is being embraced as a tool for poverty alleviation. Beyond serving as a guide ...
News
Zimbabwe: 50 percent vehicle duty now paid in Zim dollars
FIFTY percent of duty on car imports will now be paid in local currency, according to the new regulations, in a move expected ...
News
Nigeria: Despite CBN ban, 33.4 million Nigerians trade crypto – Report
Despite the Central Bank of Nigeria’s restriction on cryptocurrencies-related transactions in the banking sector, a report by a crypto platform has said about ...
News
South Africa: DiDi Shuts Down Operations in South Africa
DiDi, a Chinese ride-hailing services company, announced on Monday that it is shutting down operations in South Africa. The ride-hailing giant has been ...
News
Nigeria: Access Bank becomes Access Corporation from May
Access Bank Plc said it will be transforming from core banking into a full financial services holding company from 1 May. Managing director ...
Regulatory
Tanzania: Uber halts services in Tanzania over new pricing regulations
US ride-hailing giant Uber has suspended its services in Tanzania, saying government legislation that raises fares and cuts its commission made it difficult for it ...
Africa
The Arab Monetary Fund (AMF) holds a virtual workshop to elaborate on the start of the euro operations in Buna and share recent updates on Buna’s Instant Payment and interoperability plans with PAPSS
The workshop is hosting high-level speakers from the European Central Bank, the Central bank of Egypt, Standard Chartered, and PAPSS. More than 200 ...
News
Nigeria: Access Bank excites businesses with online account opening platform
Nigeria’s largest lender in the SME space Access Bank plc has unveiled an online account opening platform for unregistered businesses. The online account opening platform ...
News
NGX launches West Africa’s first Exchange Traded Derivatives market
Nigerian Exchange Limited (NGX or the Exchange), the sustainable Exchange championing Africa’s growth, is pleased to announce the launch of West Africa’s first ...
News
Nigeria: Firm seals deal with banks, others to drive e-payment
A real-time gross settlement (RTGS) system, Knox Wire, has assured Nigerian financial institutions of seamless cross-border payment using over 150 currencies. The firm ...