Nigeria
Nigeria: Banks To Start Auto-debiting Accounts Of Chronic Debtors – CBN Reveals
The Central Bank of Nigeria, CBN has revealed that money lending institutions will start auto-debiting bank accounts of chronic debtors. A statement issued ...
Egypt
Egypt: Finance Ministry – E-System to Ease Vat Return On Foreigners’ Purchases
Finance Minister Mohamed Ma’eit said that an electronic system will be established at all air, sea and land ports with the aim to ...
Kenya
Kenyan-based payroll startup, Workpay, expands to Nigeria
Workpay, a Nairobi-based YC graduate, is expanding its operations to Nigeria. The cloud-based workforce management startup will now offer Core HR, Payroll, and ...
Africa
Regulators have critical roles in growth of Africa’s digital payment ecosystem – Cellulant Group CEO
“The need for fintech regulations cannot be over-emphasized, but there has to be a baseline. You cannot subject smaller fintech players to the ...
News
Nigerian’s Banking Sector Has Contributed Immensely to the Development of the Country – Okonjo-Iweala
The Director General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has applauded the stability of the Nigerian banking sector citing it ...
Ghana
Ghana: Banking Industry Agree Digital Industry Currency Will Impact Sector – PWC Survey Reveals
As the Bank of Ghana is taking steps to introduce e-Cedi or digital cash, 70 percent of bank executives are convinced that the ...
Regulatory
Uganda: Regulator tells Airtel to separate business
Airtel Money will no longer be a part of Airtel Uganda. What does this mean for Airtel’s business? Airtel Money will now be ...
News
Nigeria: Zenith Bank Surmounts Headwinds, Posts N180bn Profit Before Tax in Q3
As a testament to its resilience and market leadership, Zenith Bank Plc has announced its unaudited results for the nine months period ended ...
Egypt
Egypt: ShipBlu bags $2.4M for its e-commerce and fulfilment service in Egypt
African e-commerce fulfilment startups backed by Y Combinator seem to be piquing investors’ interest this year for their niche e-commerce play. Summer batch ...
News
Nigeria: CBN Unveils Criteria to Pick Firms for ‘100 for 100 PPP’ Initiative
The Central Bank of Nigeria (CBN) has released its selection criteria for private sector companies’ participation under its’ “100 for 100 Policy on ...