Africa
AFRICA’S FASTEST-GROWING FINTECH – MONIEPOINT SECURES US$110 MILLION INVESTMENT TO SCALE DIGITAL PAYMENTS AND BANKING SOLUTIONS
London, UK – 29 October 2024: Moniepoint Inc. (“the Company” or “Moniepoint”), Africa’s fastest-growing fintech, announces it has successfully raised US$110 million in ...
News
Nigeria: PalmPay Urges Fintech Founders to Strengthen FDI for Africa’s Growth
PalmPay, an Africa-focused fintech firm, is calling on fintech founders across the continent to strengthen investor confidence to attract increased foreign direct investment ...
News
Nigeria: CBN and IFC Collaborate to Boost $1 Billion Funding for Nigerian Businesses
The Central Bank of Nigeria (CBN) and the International Finance Corporation (IFC), the World Bank’s private sector arm, have entered into a partnership ...
Nigeria
Nigeria: CBN Confident of Nigeria’s Removal from FATF Grey List by May 2025
The Central Bank of Nigeria (CBN) has expressed optimism that Nigeria will be removed from the Financial Action Task Force (FATF) grey list ...
Nigeria
Nigeria’s Central Bank Enhances Diaspora Engagement to Boost Remittance Inflows
The Central Bank of Nigeria (CBN) has initiated a strategic campaign to strengthen ties with the Nigerian diaspora, aiming to amplify remittance inflows ...
News
Nigeria: Telecom Tariff Hike Proposal Sparks Division Among Subscriber Bodies
Two major subscriber groups in Nigeria—the National Association of Telecommunications Subscribers (NATCOMS) and the Association of Telephone, Cable TV, and Internet Subscribers of ...
News
Nigeria: $1 Billion Monthly Diaspora Remittance Target Within Reach — CBN Governor Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has expressed confidence in achieving a target of $1 billion in ...
Nigeria
Nigeria: Senate Urges NDIC to Maximize Heritage Bank’s Asset Value for Depositors
The Nigerian Senate has urged the Nigeria Deposit Insurance Corporation (NDIC) to ensure the highest possible value is realized from the remaining assets ...
Nigeria
Nigeria: SEC DG to Address Capital Market’s Role in Wealth Creation at Upcoming Summit
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, is set to headline the 13th Annual Conference of the Institute ...
Nigeria
Nigerian Banking Sector Achieves N7.91 Trillion Market Cap Amid New Recapitalization Wave
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 ...