Nigerian bank stocks on the Nigerian Exchange Limited (NGX) reached a market capitalization of N7.91 trillion as of Friday’s close, fueled by renewed ...
Bank of England Governor Andrew Bailey has reiterated his support for a retail central bank digital currency (CBDC), emphasizing that central banks may ...
Money market rates, specifically the overnight lending rate and open repo rate, declined this week, supported by inflows from the Federal Accounts Allocation ...
As regulatory demands intensify across African markets, businesses are increasingly adopting automated compliance solutions to streamline their processes, mitigate costs, and ensure adherence ...
Starlink has announced a temporary suspension of its recent price hike in Nigeria as it addresses ongoing regulatory issues. “Last month, we increased ...
The National Bureau of Statistics (NBS) has announced that its planned rebasing of Nigeria’s Gross Domestic Product (GDP) will provide a more accurate ...
The rapid rise of mobile money across Africa in recent years has transformed the savings landscape, marking a significant shift toward financial inclusion. ...
FirstBank, a prominent Nigerian financial institution, has announced it will transition to a new cloud-based procurement and financial platform to boost operational efficiency ...
The introduction of government-issued blockchain-based bonds, known as digital gilts, could transform global debt markets by reducing borrowing costs and enabling new trading ...
Mastercard has announced an expansion of its U.S. Installments program to encompass all eligible digital points of sale, enabling merchants, financial service providers, ...
LAGOS, Nigeria 25 October 2024-/African Media Agency (AMA)/– In an interview, Onyema said that while growing up he never thought of going into airline ...
The Central Bank of Nigeria (CBN) has initiated targeted engagements with the Nigerian diaspora to enhance remittance flows into the country, aiming to ...
The Dutch government is seeking public input on proposed regulations that would mandate crypto service providers, including exchanges, to collect and share user ...
Amid a wave of system disruptions affecting several major Nigerian banks, First Bank has scheduled its own transition to a new cloud-based procurement ...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and other Monetary Policy Committee (MPC) members have indicated that reducing the ...
Kenyan digital commerce startup Tappi has partnered with Safaricom’s M-PESA to deliver innovative digital tools to over 650,000 small and medium-sized enterprises (SMEs) ...
Google has launched its new AI for Cybersecurity program within the Google for Startups Growth Academy, designed to support innovative startups developing AI-powered ...
Mastercard has expanded its Product Express platform, initially launched in Latin America, to additional regions, including Africa, the Middle East, Europe, North America, ...
The National Pension Commission (PenCom) has instructed Licensed Pension Fund Administrators (LPFAs) and Custodian Fund managers to suspend any further investments in commercial ...
The Bank of Ghana’s eCedi pilot program has reached a significant milestone, achieving a transaction value of GH₵473 million across over 96,000 transactions ...