News
Nigeria: CBN Retains Interest Rate at 11.5%
The Central Bank of Nigeria says it has retained its benchmark rate at 11.5 per cent, and other key monetary policy parameters. The CBN governor, ...
News
Nigeria: DMO finalizes plan to restructure CBN’s N10trn overdrafts to govt
The Debt Management Office (DMO) is working out the process of restructuring the well over N10trillion overdrafts of the Central Bank of Nigeria (CBN) for government financing ...
Nigeria
Nigeria: Flutterwave partners with Currencycloud
Flutterwave, a US-based payment technology company, has teamed up with payment service provider, Currencycloud, in order to accelerate the launch of their payment network ...
News
Nigeria: Union Bank Appoints Aisha Abubakar as Independent Non-Executive Director
The Board of Directors, Union Bank of Nigeria Plc. (UBN) has announced the appointment of Ms Aisha Abubakar as an Independent Non-Executive Director, ...
Africa
Malawi: Standard Bank Launches Unayo – New Service to Tap the Unbanked
Malawi’s leading bankers, Standard Bank on Wednesday moved up the business horizon and launched Unayo, a seemingly excellent services platform with an aim ...
Intelligence
Kenya: China Claims 70 Per Cent of Kenya’s Debt, Says CBK
A new analysis of the composition of Kenya’s bilateral lenders by Central Bank of Kenya (CBK) shows that China controlled less than one ...
News
Nigeria: FG to review obsolete financial regulations
The Federal Government is set to conduct a comprehensive review of obsolete financial regulations that are operational in the country’s public service. According ...
Nigeria
Nigeria: 54gene closes $25 million Series B round
54gene, the health technology company advancing African genomics research for improved global health outcomes, has secured $25 million in a Series B round. The ...
News
Nigeria: CBN projects three per cent GDP growth
The Central Bank Governor, Godwin Emefiele, has said that the country’s Gross Domestic Product can rise to three per cent by the end ...
News
NIGERIANS SPENDS $13BN ON E-COMMERCE YEARLY — FG
The federal government had said that e-commerce spending in Nigeria is estimated at $13 billion annually. The Permanent Secretary in the Federal Ministry ...