Regulatory
Tanzanian Insolvency Agency to Liquidate Telco Over Unpaid Debt
The Tanzanian Registration, Insolvency, and Trusteeship Agency (RITA) has announced plans to liquidate a telecommunications company due to its failure to settle outstanding ...
News
South Africa: TymeBank Appoints Karl Westvig as New CEO
TymeBank, the South African digital banking pioneer, has announced the appointment of Karl Westvig as its new CEO. This leadership change comes as ...
Nigeria
Nigeria: NGX Suspends Trading of Eight Companies for Financial Reporting Defaults
NGX Regulation, the regulatory arm of the NGX Group, has announced the suspension of trading in the shares of eight companies due to ...
Nigeria
Nigeria: National Digital Economy & e-Governance Bill Advances in Nigerian National Assembly
The National Digital Economy & e-Governance Bill has successfully passed its first reading in the National Assembly, marking a significant milestone in the ...
News
Nigeria: Report Reveals Only 11% of Informal Sector Businesses Use Conventional Banks for Savings, 39.5% Use Digital Banks
As the Central Bank of Nigeria (CBN) intensifies its efforts towards financial inclusion, a new report has highlighted that only 11% of businesses ...
Ghana
Ghana: Moody’s to Upgrade Ghana Ratings After Eurobond Debt Restructuring
Moody’s Ratings has indicated a potential upgrade for Ghana’s credit rating following the country’s Eurobond exchange. In a recent note, the global rating ...
News
Niger Telecoms to Expand Reach to Remote Areas with 16 New Sites
Niger Telecoms has announced the installation of 16 new sites to extend mobile telephony services to remote areas. The company highlighted the importance ...
Nigeria
Nigeria: SMEs’ Corporate Governance Code Will Preserve Small Businesses – FRC
Dr. Rabiu Olowo, Executive Secretary/Chief Executive of the Financial Reporting Council (FRC) of Nigeria, stated that the newly unveiled SMEs Corporate Governance Guidelines ...
Nigeria
Nigeria: CBN to slow down rate hikes soon – Cardoso
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has stated that it will soon be able to slow down increases ...
Nigeria
Nigeria: Pension Funds Surpass N20tn in May – PenCom
The value of pension funds in Nigeria rose by 2.23 percent month-on-month, surpassing the N20tn mark to reach N20.23tn in May 2024, according ...