Africa
Africa: AfDB Appoints Nwabufo as Vice-President for Regional Development and Business Delivery
The African Development Bank (AfDB) Group has appointed Nigerian professional, Mrs. Nnenna Nwabufo, as Vice-President for Regional Development, Integration, and Business Delivery, effective ...
News
Nigeria: Mobile Money Operators Process N41.5 Trillion in Transactions Over Seven Months
Data from the Nigeria Inter-Bank Settlement Systems (NIBSS) shows that licensed mobile money operators, including Palmpay, OPay, and 15 others, processed transactions worth ...
Africa
Combating Digital Payment Fraud in West Africa: A Challenge and Opportunity
The rapid adoption of digital payment technologies across West Africa has revolutionized the way people conduct financial transactions. However, this growth has also ...
Nigeria
Nigeria: PenCom Addresses Gaps in Online Enrolment Ahead of 2025 Retirement Exercise
The National Pension Commission (PenCom) has announced its commitment to resolving challenges encountered during the online enrolment process for prospective federal retirees from ...
Namibia
Namibia: Access Bank Receives Approval to Establish Subsidiary in Namibia
Access Bank, the commercial banking arm of Nigeria’s largest lender, Access Holdings, is set to establish a subsidiary in Namibia after receiving provisional ...
Nigeria
Nigeria: OPay Unveils ‘Large Transaction Shield’ to Strengthen Financial Fraud Prevention
Leading fintech company OPay has introduced its latest security feature, the Large Transaction Shield, aimed at providing users with enhanced control and protection ...
Nigeria
Nigeria: Higher Interest Rates Tough on Borrowers but Vital for Inflation Control – Cardoso
Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has described the recent decision to raise the Monetary Policy Rate (MPR) to ...
Africa
Africa: Zepz Secures $267 Million to Accelerate Growth Across Africa and Global Markets
Zepz, formerly known as WorldRemit, has raised $267 million in a new funding round led by venture capital firm Accel, with additional participation ...
Nigeria
Nigeria: Concerns Over Naira’s Fair Value After CBN’s $2 Billion Lifeline
The Central Bank of Nigeria (CBN) is refining its regulatory frameworks to address malpractices in the foreign exchange (FX) market, enhance transparency, and ...
Nigeria
Nigeria: NGX and JSE Forge Collaboration to Enhance Governance and Capital Markets
The Nigerian Exchange Group (NGX), under the leadership of its Group Chairman, Umaru Kwairanga, recently visited the Johannesburg Stock Exchange (JSE) in a ...