Nigeria
Nigeria: CBN Warns Rising FAAC Disbursements Could Undermine Inflation Control Efforts
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed concern over the inflationary implications of increasing liquidity in the ...
Kenya
Kenya’s Central Bank Engages Top Banks as Market Makers in Treasury Bond Reforms
The Central Bank of Kenya (CBK) is spearheading a pivotal reform in the country’s bond market by designating top-tier local banks as market ...
News
Nigeria: London Mayor Strengthens Fintech and Innovation Ties During Historic Lagos Visit
The Mayor of London, Sadiq Khan, has concluded a landmark visit to Lagos, aimed at deepening UK-Nigeria relations through strategic partnerships in fintech, ...
Nigeria
Nigeria: MPC Faces Pivotal Decision as Inflation Slows and FX Market Stabilizes
As Nigeria records a second consecutive decline in inflation and gains greater stability in the foreign exchange market, expectations are mounting that the ...
Nigeria
Nigeria: NCC Introduces Forward-Looking Authorisation Framework to Foster Innovation in Nigeria’s Telecom Industry
In a decisive step towards shaping a future-ready telecommunications sector, the Nigerian Communications Commission (NCC) has unveiled a dynamic licensing framework designed to ...
Nigeria
Nigeria’s Teledensity Climbs to 79.65% as NCC Unveils Draft General Authorisation Framework
The Nigerian Communications Commission (NCC) has announced significant progress in the country’s telecommunications development, with teledensity reaching 79.65% and broadband penetration at 48.81% ...
Nigeria
Nigeria: FIRS, OAGF Unite to Tackle Revenue Leakages Across MDAs
The Federal Inland Revenue Service (FIRS) and the Office of the Accountant-General of the Federation (OAGF) have launched a joint initiative to curb ...
Africa
Africa: Absa Powers Pan-African Banking Transformation with AI-Ready Infrastructure
Absa Group has announced a major milestone in its decade-long digital transformation strategy, successfully modernising its banking infrastructure across multiple African markets with ...
Africa
Africa: UBA Launches AI-Powered Platform for Cross-Border Payments Across Africa
United Bank for Africa (UBA) Plc has achieved a major breakthrough in digital banking with the launch of cross-border payment functionality on its ...
Nigeria
Nigeria: CBN Injects $4.1bn into Forex Market to Stabilise Naira Amid Reserve Decline
In a bold move to stabilise the naira and ease liquidity constraints, the Central Bank of Nigeria (CBN) injected a total of $4.1 ...