Nigeria
Nigeria: Loan repayments, dividend payout force capital outflow from Nigeria – CBN
The Central Bank of Nigeria (CBN) has stated that the financial and manufacturing sectors caused the jump in Nigeria capital outflow. This was ...
Kenya
Kenya: CBK Report Reveals How Kenyans Earn in Diaspora Jobs
A new report released by the Central Bank of Kenya (CBK) has revealed how Kenyans in Diaspora make their money that at times run into ...
Nigeria
Nigeria: IMF proposes $50bn trust fund for Nigeria and others
In an effort to build resilience to balance of payments shocks, The International Monetary Fund (IMF) has proposed a $50bn trust fund for ...
Kenya
Kenya: CA takes on Safaricom, hints at further cuts in call tariffs
The Communications Authority of Kenya (CA) says the recent cut in mobile termination rates will give smaller telecoms operators a better chance at ...
Nigeria
Nigeria: Financial services sector grows by N44.2 trillion in 3 years
A recent report by the National Development Plan (NDP) has shown that the financial sector added a total of N44.2 trillion to the ...
Nigeria
Nigeria: CBN releases export/import e-invoicing guidelines
The Central Bank of Nigeria (CBN) has released guidelines for the e-Valuator and e-Invoice to replace hard copy invoices for both exports and ...
Ethopia
Ethiopia: Safaricom is Building a $100 Million Data Centre in Ethiopia
Safaricom operations in Ethiopia have since started following years of lobbying and waiting for approvals from various state agencies in the country. It makes sense ...
Ghana
Ghana: Only Ghana Card to be used for transactions effective July 1 – BoG
The Bank of Ghana has announced that effective July 1, 2022, all financial transactions are to be done with only the National Identity Card also ...
Nigeria
Nigeria: Financial services sector grows by N44.2 trillion in 3 years
A recent report by the National Development Plan (NDP) has shown that the financial sector added a total of N44.2 trillion to the ...
Nigeria
Nigeria: CBN May Devalue Naira By 10% – Standard Chartered
A senior Investment Strategist at Standard Chartered, Abhilash Narayan, has said the Central Bank of Nigeria (CBN) may be seen to devalue the ...
