News
Nigeria: Minister Bosun Tijani Spearheads National AI Strategy Workshop with Over 120 Delegates
On August 28, 2023, the Federal Ministry of Communications, Innovation and Digital Economy, led by Dr. Bosun Tijani, teased the upcoming National Artificial ...
Nigeria
Nigeria: Finance Ministry Launches New System to Track Tax Exemptions
The Federal Ministry of Finance has introduced the Incentive Monitoring and Evaluation Platform (IMEP), a sophisticated digital system aimed at improving the management ...
News
Africa: MTN Expands MoMo Mobile Money Service Across Africa
MTN has significantly expanded its Mobile Money (MoMo) service by adding 25 new wallet corridors across 10 African countries, increasing its reach to ...
News
Nigeria: SEC to Enhance Market Stability with Upcoming CMC Virtual Meeting
The Securities and Exchange Commission of Nigeria is set to host its first Capital Market Committee (CMC) meeting of 2024, which will be ...
Nigeria
Nigeria: NGX to Leverage Technology in Banking Sector Recapitalization
The Nigerian Exchange Group (NGX Group) has announced plans to utilize technology to facilitate the capital-raising activities of financial institutions aiming to meet ...
News
Nigerian Stock Market Suffers N304 Billion Loss as Investors Shift to Fixed Income
This week commenced with Nigerian equities experiencing a notable downturn, as investors shifted their focus towards fixed income securities to capitalize on gains, ...
News
Nigeria: Finance Minister Edun Commends SecureID for Advancing Nigeria’s Digital Transformation
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, recently commended SecureID Limited, a leader in smartcard manufacturing, for ...
Nigeria
Nigeria: CBN Reduces Treasury Bill Interest Rates Amid High Demand
The Central Bank of Nigeria (CBN) has adjusted interest rates on long-term treasury bills at the primary market auction due to overwhelming subscriptions ...
Ghana
Ghana Struggles to Secure Debt Restructuring Deal with International Bondholders
Ghana has not succeeded in reaching an agreement on restructuring approximately $13 billion of its external debt with two groups of international bondholders, ...
Ghana
Ghana: Bank of Ghana Set for Early Recapitalization, MoU with Finance Ministry Pending – Dr. Addison
Dr. Ernest Addison, Governor of the Bank of Ghana, has announced forthcoming plans for the early recapitalization of the central bank following comprehensive ...