Ghana
Ghana’s 5G Spectrum Deal Sparks Controversy
The involvement of Indian billionaire Mukesh Ambani in Ghana’s 5G spectrum acquisition has stirred significant controversy, particularly among the National Democratic Congress (NDC), ...
Nigeria
Nigeria: CBN Advocates for Transparency and Professional Training in Debt Management
The Central Bank of Nigeria (CBN) has underscored the need for transparency in debt management and borrowing activities to foster trust among investors, ...
Nigeria
Nigeria: NDIC begins verification, payment of insured deposits to Heritage Bank customers
The Nigeria Deposit Insurance Corporation said it has commenced the liquidation of Heritage Bank Plc. NDIC assured all that it would pay depositors ...
Nigeria
Nigeria: CBN Conducts Five FX Auctions to Enhance US Dollar Liquidity
Facing intensified foreign currency scarcity, the Central Bank of Nigeria (CBN) intervened in the forex market five times to counter negative exchange rate ...
Nigeria
Nigeria: IIM Receives NDPC Licence to Certify Data Protection Professionals in Nigeria
The Federal Government, through the Nigeria Data Protection Commission (NDPC), has granted a licence to the Institute of Information Management (IIM) to conduct ...
Nigeria
Nigeria: CBN Revokes Heritage Bank’s Licence Due to Financial Stability Concerns
In a decisive move to protect Nigeria’s financial integrity, the Central Bank of Nigeria (CBN) has revoked the banking license of Heritage Bank ...
Nigeria
Nigeria: Reason Behind Increasing 2024 Data Protection Licence Fee to N2 Million -NDPC
The Nigeria Data Protection Commission (NDPC) has announced an increase in the licence fee for Data Protection Compliance Organizations (DPCOs) from N50,000 to ...
Nigeria
Nigeria: Wema Bank Targets Tier-1 Status Amid Recapitalization Drive
Wema Bank’s Managing Director and Chief Executive Officer, Moruf Oseni, has announced the bank’s strategic plans to retain its national license and aim ...
Mozambique
Mozambique: Flutterwave Secures Payment Aggregator License Approval in Mozambique
Flutterwave, Africa’s leading fintech company, has announced that it has received an approval-in-principle for its payment aggregator license from the Central Bank of ...
Nigeria
Nigeria: NCC Targets 50% Improvement in Telecom Services by End of 2024
The Nigerian Communications Commission (NCC) has set an ambitious goal to achieve a 50% improvement in the quality of telecommunications services by the ...