Nigeria
Nigeria: SEC Releases Framework to Support Banking Sector Recapitalisation
In a bid to bolster the Central Bank of Nigeria’s (CBN) recapitalisation programme and achieve its targeted objectives, the Securities and Exchange Commission ...
Nigeria
Nigeria: Inflation Slows in 13 States as CBN Policies Take Effect
Nigeria’s monthly inflation rate has slowed for the third consecutive month, signaling the effectiveness of the Central Bank of Nigeria’s (CBN) monetary policy ...
Ethopia
Ethiopia Greenlights CBDC Launch with New Proclamation
The Ethiopian Council of Ministers has recently approved a draft proclamation, setting the stage for the introduction of a central bank digital currency ...
Nigeria
Nigeria: NIGCOMSAT Partners with INFRATEL Africa to Enhance Rural Connectivity in Nigeria
Nigerian Communications Satellite (NIGCOMSAT) Ltd has entered into a strategic partnership with INFRATEL Africa, a leading telecommunications company, to enhance connectivity in rural ...
Regulatory
South African Regulator Blocks StarTimes’ OnDigital Media Licence Renewal, Orders Shutdown
Debbie Wu, CEO of OnDigital Media, has assured customers and stakeholders that despite a shutdown order, the company will continue its operations. “We ...
Nigeria
Nigeria: Flutterwave and EFCC Collaborate to Establish Cybercrime Research Centre
At a recent event, key figures including EFCC Executive Chairman Ola Olukoyede, Flutterwave Founder and CEO Olugbenga ‘GB’ Agboola, Chief Compliance Officer Mobolaji ...
Nigeria
Nigerian Fintech Carbon Ends Debit Card Services Amid Strategic Shift
Carbon, a leading Nigerian fintech company, has announced the discontinuation of its debit card operations in Nigeria, marking a significant shift in its ...
News
Nigeria: Olusegun Alebiosu Confirmed as MD of First Bank Amid Capital Raise Efforts
FBN Holdings, the parent company of Nigeria’s oldest bank, has confirmed the appointment of Olusegun Alebiosu as the Managing Director/Chief Executive Officer of ...
Nigeria
Nigeria: Rights Issue Will Protect Banks from Hostile Takeovers, Says Onukwue
Sam Onukwue, Chairman of the Association of Securities Dealing Houses of Nigeria (ASHON), has highlighted that Rights Issues serve as a strategic method ...
Nigeria
Nigeria: FG Advocates Standardization to Enhance African Trade
The federal government has emphasized the importance of establishing comprehensive standards for goods and services to bolster the African Continental Free Trade Area ...