Innovation
Interswitch partners with OkHi to launch Nigeria’s first digital address verification service
Quickteller customers use an OkHi address which can also be used for other personal purposes such as by delivery services. OkHi, a smart ...
Africa
Bitt Develops Africa’s First CBDC
eNaira, the Bitt-developed central bank digital currency (CBDC), has officially rolled out in Nigeria. Citizens and residents of Nigeria are now the first ...
Regulatory
Zimbabwe: RBZ orders Econet, Telecel & NetOne to phase out juice cards
The Reserve Bank of Zimbabwe’s (RBZ) Financial Intelligence Unit has in a circular told the country’s mobile network operators (MNOs) to decrease physical airtime vouchers or ...
Intelligence
Nigeria: UBA’s nine-month profit jumps 36% to N105bn on higher income from term loans
The bank’s gross earnings rose 7.9 per cent to N490.3 billion. United Bank for Africa (UBA), between January and September, reported N104.6 billion in ...
News
Nigeria: CBN launches eNaira, integrates 33 banks ,releases N200m for program take- off
The Central Bank of Nigeria has said it integrated 33 Banks into the eNaira platform with N500m successfully minted by the apex bank for the ...
News
Nigeria: Court unfreezes accounts blocked by CBN for cryptocurrency trading
A Federal High Court sitting in Abuja has vacated with immediate effect an interim order through which the Central Bank of Nigeria (CBN) ...
Africa
AfCFTA/China sign MoU on establishing Expert Group on Economic Cooperation
The African Continental Free Trade Area (AfCFTA) Secretariat has signed a Memorandum of Understanding (MoU) with the China Ministry of Commerce to collaborate ...
News
Nigeria: Economy improved slightly in August, says CBN
Economic activities improved slightly in August, compared to July, according to the Central Bank of Nigeria. The CBN said in a report on ...
Innovation
Nigeria: Insurance sector is in dire need of digital innovations to deepen penetration – Heirs Insurance
The Nigerian Insurance sector is in dire need of digital innovations like USSD codes, online registrations and e-claim processing among others to deepen ...
Africa
Liberia: Vodafone Connects Its Customers With Thales’ Eco-SIM Card
Thales is set to supply Vodafone Group with Eco-SIM; a product whose card body is made out of 100% recycled plastic from refrigerator ...