Intelligence
Nigeria: Domiciliary account balances estimated at $16 billion
We assumed an official exchange rate of N410/$ based on NAFEX rate used at the Investor and Exporter window. Nigeria has an estimated ...
News
Nigeria: Fintechs are going to be bigger than the banks -Ex-CBN gov, Sanusi
The former governor of the Central Bank of Nigeria (CBN) Lamido Sanusi, has said he believes financial technology startups in Nigeria will become ...
Regulatory
Zimbabwe: ZSE Suspends Cassava Smartech
The Zimbabwe Stock Exchange (ZSE) has suspended Cassava Smartech Zimbabwe shares for failure to publish financial results within the expected timeframe. In an ...
News
Nigeria: Fitch Ratings affirms FCMB’s IDR at ‘B-‘ with a positive outlook
Fitch Ratings has affirmed First City Monument Bank (FCMB) Long-Term Issuer Default Rating (IDR) at ‘B-with a stable outlook. This is according to ...
News
Nigeria: We’re working towards capturing identifications of all Nigerians by 2022 — NIMC
The Director-General, National Identity Management Commission, Abubakar Aziz, has said that the agency was working towards registering all Nigerians in 2022. He assured ...
Ghana
Ghana: Mobile money far surpassed cheque transactions by massive ¢522.9 billion in 8 months
Ghana mobile money transactions for the first eight months of this year far exceeded cheque transactions by a massive ¢522.9 billion. This is ...
News
SA: ICASA sets timetable to auction spectrum by March 2022
South Africa Communications regulator ICASA has set out a timetable for the licensing of so-called “high-demand spectrum”, saying it plans to expedite the ...
News
Zimbabwe: BAZ Requires Us$71m to Fully Digitise
The Broadcasting Authority of Zimbabwe (BAZ) needs more than US$71 million to complete the digitisation of the national television services that began in ...
News
Nigeria: Trademark Infringement – Court Clears Way for CBN’s CBDC Launch
The Federal High Court, Abuja has okayed the take-off of the Central Bank of Nigeria Digital Currency (CBDC) also known as the eNaira. ...
Innovation
Tanzania: NMB Launches ‘Wekeza’ Account
NMB Bank Plc has launched a long-term savings account that offers attractive returns on investment and additional free life insurance. The account dubbed ...