Ghana
Ghana: BoG Moves to Regulate Cedi-Backed Stablecoins
The Bank of Ghana (BoG) is developing a dedicated regulatory framework for cedi-backed stablecoins as it seeks to harness blockchain-based payments while protecting ...
Ghana
Ghana: Non-Interest Banks to Operate Under Same BoG Regulatory Standards
Non-interest banks operating in Ghana will be subject to the same regulatory and supervisory discipline that applies to conventional banks, as the Bank ...
Nigeria
Nigeria: NITDA Boss Pushes for Co-Regulation to Unlock Africa’s Digital Infrastructure Investment
Africa’s growing digital economy is attracting increasing interest from global technology investors, but regulatory fragmentation and multiple approval processes remain significant barriers to ...
News
Nigeria attracts $23bn in diaspora remittances as digital transfers gain ground
Nigeria’s diaspora remittance inflows are projected to reach about $23 billion in 2026, reinforcing the country’s position as the largest recipient of remittances ...
Nigeria
Nigeria: PalmPay steps up security drive amid rising fraud concerns
PalmPay is strengthening its customer security measures with a new campaign focused on fraud awareness, account protection and giving users greater control over ...
News
Nigeria’s 5G connections rise 41% in one year as network migration accelerates
Nigeria’s 5G connections increased by 41 per cent in the year to June 2026, highlighting a gradual shift towards higher-speed mobile networks as ...
Nigeria
Nigeria: N4.66tn liquidity surplus eases funding pressure across Nigerian banks
Nigeria’s banking system recorded a significant increase in excess liquidity last week, easing funding pressure on financial institutions and pushing overnight borrowing rates ...
Ghana
Ghana: BoG says central banking requires diverse skills beyond economics
The Bank of Ghana (BoG) is broadening its search for talent beyond traditional economics and statistics as technological innovation and emerging financial models ...
Ghana
Ghana: NDPC tasked to track progress of Ghana’s ‘New Economy’ programme
Ghana’s National Development Planning Commission (NDPC) has been tasked with tracking and assessing the implementation of the government’s proposed “New Economy” programme as ...
Africa
Africa: PAPSS targets China, India payment systems as transaction volumes surge
The Pan-African Payment and Settlement System (PAPSS) is preparing to connect with major payment systems in China and India by the first quarter ...