Kenya
Kenya: Absa Bank and Visa Launch Tailored Card Payment Solution for Kenya’s Travel Industry
Absa Bank Kenya and Visa have collaborated to introduce the Visa Commercial Choice Programme, a bespoke corporate card solution designed specifically for members ...
News
Nigeria: CBN Affirms Merit-Based Selection of Remita for TSA Platform
The Director of Banking Services at the Central Bank of Nigeria (CBN), Hamisu Abdullahi, emphasized the merit-based process behind selecting Remita to provide ...
News
Nigeria: CBN Reports Influx of Over $1.5 Billion into Nigerian Economy, Citing Effective Monetary Policies
The Central Bank of Nigeria (CBN) has revealed that the Nigerian economy experienced a substantial inflow of over $1.5 billion in recent days, ...
News
Nigeria: Mastercard and Zenith Bank Join Forces to Introduce Innovative Payment Cards, Driving Financial Inclusion in Nigeria
In a strategic collaboration aimed at advancing financial inclusion across Nigeria, global payments leader Mastercard has partnered with multinational Nigerian financial institution Zenith ...
Nigeria
Nigeria: CBN Increases Minimum Capital Requirement for Commercial Banks to N500 Billion
The Central Bank of Nigeria (CBN) has announced a new minimum capital requirement for banks, raising the bar for commercial banks with international ...
Nigeria
Nigeria: CBN Introduces New Minimum Capital Requirements, Grants Banks 24 Months for Recapitalization
Following recent calls for Nigerian banks to expedite their recapitalization efforts to fortify the financial sector, the Central Bank of Nigeria (CBN) has ...
News
SA: FNB Pay and Masterpass Lead Mobile Payments Landscape in South Africa
According to a recent survey conducted by Statista’s Consumer Insights, FNB Pay and Mastercard Click to Pay (Masterpass) have emerged as the most ...
Nigeria
Nigeria: Concerns Mount Over Nigeria’s Rising Debt, Posing Challenges to CBN Policy
As Nigeria’s public debt continues to surge, financial analysts and public affairs experts are increasingly alarmed by the potential ramifications, fearing that the ...
News
Nigeria: Telecom Subscribers Seek Extension of SIM-NIN Linking Deadline, Citing Challenges
The National Association of Telecommunications Subscribers (NATCOMS) has urged the Nigerian Communications Commission (NCC) to extend the deadline for linking Subscriber Identity Module ...
News
Nigeria: FIRS Reaffirms No New Taxes Amid Visit from Guinness Nigeria CEO
Zacch Adedeji, Chairman of the Federal Inland Revenue Service (FIRS), has reiterated the agency’s stance against introducing additional taxes in Nigeria. Adedeji made ...