Nigeria
CBN directs banks, PSPs to process bulk payments on platforms
The Central Bank of Nigeria, CBN, has directed banks and Payment Service Providers , PSPs, to commence processing of end-to-end bulk payments or transfers ...
Ghana
Ghana: MTN appoints Shaibu Haruna as Chief Sales and Distribution Officer
MTN Ghana has appointed Shaibu Haruna as Chief Sales and Distribution Officer responsible for providing strategic direction for MTN’s Sales Strategy, Operating Model, ...
News
South Africa’s financial watchdog slaps US short-seller Viceroy with R50m fine over Capitec report
South Africa’s financial markets regulator, the FSCA, has fined US short-seller Viceroy R50-million for a ‘false and misleading’ 2017 report accusing the country’s ...
News
Nigeria: FIRS loses VAT appeal as Lagos joins tax war
A Federal High Court sitting in Port Harcourt, Rivers State, has dismissed an application by the Federal Inland Revenue Service, FIRS, seeking to ...
News
Stanbic IBTC Holdings Announces 50.1% Drop in Profit, Declares N1.00 Interim Dividend
Stanbic IBTC Holdings Plc has announced 50.1 per cent drop in profit for half year ended June 30, 2021 amid weak gross earnings ...
News
Nigeria: Bitcoin, others pose danger to global economy -EFCC boss
The Chairman, Economic and Financial Crimes Commission, Abdulrasheed Bawa, has said Bitcoin and other cryptocurrencies portend huge risks to the world economy. According ...
Intelligence
Diaspora Remittances into Nigeria fall by 24% in Q1 2021
Nigeria attracted $4.2 billion in foreign remittances in the first quarter of 2021 as the country continues to grapple with foreign currency challenges. ...
Kenya
Kenya fintech Pezesha gets 7-figure seed extension from GreenHouse Capital to fuel Africa expansion
Pan-African fintech Pezesha to build scalable lending infrastructure for SMEs and institutions has announced a seven-figure growth funding round led by GreenHouse Capital (Africa’s first ...
News
Nigeria: FCMB Emerges Best SME Bank in Africa
First City Monument Bank (FCMB) has emerged as Best SME Bank in Africa and Best SME Bank in Nigeria at the Asian Banker ...
Liberia
Liberia: Growth Accelerator Program launches in Liberia backed by UNDP and others
UNDP partners with iCampus Liberia, Growth Africa, and the Accountability Lab Liberia to support impactful Liberian entrepreneurs intending to scale their ventures through ...