News
Nigerian Investment App Bamboo Expands to South Africa, Democratizing Investment Opportunities
Bamboo, a prominent Nigerian investment app known for enabling users to invest in US stocks, has expanded its operations to South Africa. This ...
Nigeria
Nigeria: NESG Supports CBN’s Decision to End Price Verification System for Forex Transactions
The Nigerian Economic Summit Group (NESG) has expressed support for the Central Bank of Nigeria’s (CBN) recent decision to discontinue the Price Verification ...
Africa
Africa: Remittances to Nigeria and Other African Countries Expected to Rise by 1.5% This Year
Remittances to Nigeria and other sub-Saharan African (SSA) countries are projected to increase by a modest 1.5% this year, boosting the inflow to ...
Nigeria
Nigeria: CBN Introduces New Forex Deposit Rules to Stabilize Exchange Rates
The Central Bank of Nigeria (CBN) announced on Friday new guidelines for Deposit Money Banks (DMBs) to deposit excess foreign currency notes at ...
Nigeria
Nigeria: FCCPC Reaffirms Commitment to Consumer Protection and Market Regulation
The Federal Competition and Consumer Protection Commission (FCCPC) has reiterated its dedication to protecting consumers, promoting fair competition, and ensuring product safety in ...
Nigeria
Nigeria: CBN to Implement More Policies to Tackle Cybersecurity Challenges
The Central Bank of Nigeria (CBN) is set to introduce additional policies aimed at addressing cybersecurity challenges and fostering innovation to ensure the ...
Kenya
Kenya: Sanlam Kenya Adopts Financial Engineering Strategy to Accelerate Growth and Profitability
Sanlam Kenya, a listed non-bank financial solutions provider, has developed a strategic plan to enhance growth and profitability. During the firm’s 78th Annual ...
Nigeria
Nigeria’s FX Reserves Reach $34.14bn
Nigeria’s foreign exchange reserves have surged to $34.14 billion, reflecting a 4.06% increase from $32.74 billion on June 3, 2024, according to data ...
Africa
Africa: KCB Bank and dLocal Partner to Enhance Real-Time Remittances
KCB Bank, a leading financial institution in East Africa, has formed a strategic partnership with dLocal, a global payments solutions provider specializing in ...
Regulatory
Zambia Advances in Developing AI Framework, Aligns with Regional Efforts
Emphasizing the importance of fostering a conducive environment for AI deployment, Zambia’s Minister announced significant strides in revising the Cyber Security and Cyber ...