News
Nigeria: Treasury Bill Yields Retreat Following CBN Rate Adjustment
The average yield on Nigerian Treasury bills experienced a 21 basis points decline on Monday as investors actively participated in buying activities within ...
Africa
Africa: Telco-Backed E-Wallet Platforms Lead Africa and Middle East Markets
In a comprehensive report titled “The State of E-Wallets: Africa and the Middle East,” the landscape of e-wallet adoption in these regions is ...
Africa
Africa: Chipper Cash Streamlines Operations, Focusing on African Markets
Chipper Cash, a leading financial technology company catering to over five million customers across Africa, has announced a strategic decision to streamline its ...
Nigeria
Nigeria: Report Reveals Only Seven Banks May Meet CBN Recapitalization Requirements
A recent report from Ernst and Young suggests that if the Central Bank of Nigeria (CBN) increases the capital requirement for banks from ...
News
Nigerian Government Plans Collaborative Effort with Ghana and Others to Safeguard Undersea Cables
Bosun Tijani, the Minister of Communications and Digital Economy, recently announced the Nigerian government’s intention to lead global discussions aimed at bolstering the ...
Nigeria
Nigeria: Majority of Nigerian Banks May Struggle to Meet Increased CBN Capital Requirements
A recent report by Ernst and Young suggests that 17 out of 24 Nigerian banks could face challenges meeting the capital requirements set ...
Africa
Nigeria and Rwanda Utilize Digital ID for Social Welfare Programs
In a bid to enhance the efficiency and integrity of social welfare programs, both Nigeria and Rwanda have turned to digital identity (ID) ...
News
Nigeria: NCC Reassures on Undersea Cable Repairs to Restore Internet Services
The Nigerian Communications Commission (NCC) has provided assurance that internet services will soon be restored as operators work to repair the damaged undersea ...
News
Nigeria: Aigboje Aig-Imoukhede Assumes Chairmanship at Access Holdings
Aigboje Aig-Imoukhede, the former Managing Director of the Access Bank Group, has been appointed as the Chairman of Access Holdings, succeeding Mr. Abubakar ...
News
Nigeria: Interswitch Expands into Banking Arena Through M-Kudi Merger, Eyes PSB License
Interswitch, a leading Nigerian fintech firm with backing from Visa, is embarking on a strategic merger with M-Kudi, a prominent mobile money provider, ...