Nigeria
Nigerian Government to Impose Windfall Tax on Banks
The Nigerian government is set to introduce a windfall tax on banks’ foreign currency revaluation gains, aiming to use the proceeds to support ...
Nigeria
Nigeria: OKX to Cease Operations in Nigeria from August 16, 2024
OKX, a prominent cryptocurrency exchange, has announced that it will discontinue its services in Nigeria starting August 16, 2024. The exchange has urged ...
News
Nigeria: PalmPay Maintains Zero-Fee Transfers to Boost Financial Inclusion
Financial technology firm PalmPay has announced the continuation of its zero-fee transfer policy, reinforcing its commitment to driving financial inclusion across Nigeria. Introduced ...
News
Nigeria: Average FX Turnover Soars by 180% in One Year – CBN
The Central Bank of Nigeria (CBN) has reported a significant increase in the average foreign exchange (FX) turnover, which grew by 180.47 percent ...
News
Nigeria: Wema Bank Launches AlatPay to Digitize SME Operations and Lead Cardless Payment Revolution
Wema Bank, a leading Nigerian financial institution, has unveiled AlatPay, an instant digital payment solution designed to help small and medium-sized enterprises (SMEs) ...
News
South Africa’s Cryptocurrency Adoption Surges, Transforming Financial Landscape
Cryptocurrency adoption is surging in South Africa, significantly transforming the country’s financial landscape and positioning it as a leader in the global digital ...
Nigeria
Nigeria: National Digital Economy Bill: Guidelines for E-commerce and Cyber Insurance
The federal government of Nigeria is set to introduce new regulations to guide the operations of e-commerce platforms and the provision of cyber ...
News
Global: Vertiv Introduces Next-Generation UPS to Meet Global AI Power Demands
Vertiv has unveiled the Vertiv™ Trinergy™ UPS, now available as part of the new Vertiv™ PowerNexus solution, which is closely coupled with Vertiv™ ...
Kenya
Kenya: Former CBK Governor Patrick Njoroge Advocates for World-Class Standards in Fintech
Patrick Njoroge, the former governor of the Central Bank of Kenya (CBK), has underscored the importance for fintech operators to adopt world-class standards ...
Nigeria
Cameroon Receives $4.8M Grant from South Korea for Civil Registration Modernization
Cameroon’s Minister of the Economy, Planning and Regional Development, Alamine Ousmane Mey, recently signed a significant agreement with the government of South Korea, ...