Nigeria
Meta Threatens to Suspend Facebook and Instagram in Nigeria Amid $300M Regulatory Dispute
Meta Platforms Inc., the parent company of Facebook and Instagram, has issued a stark warning that it may be forced to cease operations ...
Africa
AfDB Unveils $2.95 Billion Strategic Investment Plan to Support Nigeria’s Economic Transformation
The African Development Bank (AfDB) has unveiled a bold new five-year Country Strategy Paper (CSP) for Nigeria, committing $2.95 billion to advance the ...
News
CBN Licenses Preferred Finance Company to Advance MSME Access to Credit
In a move aimed at deepening Nigeria’s financial inclusion and expanding access to credit for underserved enterprises, the Central Bank of Nigeria (CBN) ...
Kenya
Kenyan Banks Push Back Against CBK’s Proposed Credit Pricing Model
Kenyan commercial banks have voiced strong opposition to the Central Bank of Kenya’s (CBK) proposed loan pricing framework, which seeks to anchor lending ...
Fintech
JP Morgan’s Kinexys Gains Momentum Across MENA with Blockchain-Powered Payment Solutions
Global banking giant JP Morgan is accelerating the adoption of its blockchain-powered payment platform, Kinexys, in the Middle East and North Africa (MENA), ...
Fintech
FCA Proposes Ban on Credit-Based Crypto Purchases Amid Rising Consumer Debt Concerns
The UK’s Financial Conduct Authority (FCA) is considering a landmark proposal to prohibit the use of credit cards and credit lines for purchasing ...
Global
Google Wallet Introduces Digital ID Passes in the UK, Expands Global Reach
Google Wallet is set to revolutionize identity verification in the United Kingdom by allowing users to create digital ID passes using their UK ...
Nigeria
Nigeria Endorses BRICS Agenda on Global Security, AI Governance, and Multilateral Reforms
Nigeria has reaffirmed its commitment to inclusive global governance and regulatory cooperation, pledging full support for key BRICS priorities including peace and security, ...
Fintech
South African Banks Scale Back ATMs as Digital Payments Take Centre Stage
South Africa’s leading banks are rethinking their reliance on Automated Teller Machines (ATMs), marking a significant shift toward a digitally-driven financial ecosystem. Once ...
Fintech
CBN Slams Paystack with ₦250 Million Fine Over Regulatory Compliance Violation in Zap Launch
The Central Bank of Nigeria (CBN) has imposed a ₦250 million fine on leading fintech company Paystack for breaching regulatory requirements in the ...