Nigeria
Nigeria Disconnects Millions of Unregistered SIMs Without Verified Digital IDs
As of the February 28 deadline for registration with the National Identity Number (NIN), mobile network operators in Nigeria have disconnected millions of ...
Africa
Africa: Qore Collaborates with QoreID to Strengthen Financial Security Measures Across Africa
Qore, a prominent banking-as-a-service platform provider in Africa, has entered into a strategic partnership with QoreID, an identity verification firm under VerifyMe. This ...
News
Nigeria: MTN MoMo PSB Reports 5.3 Million Active Wallet Users in 2023
MTN Nigeria has announced that its MoMo Payment Service Bank (PSB) achieved a milestone with 5.3 million active wallet users on its platform ...
News
Nigeria: CBN’s N1.053 Trillion OMO Bills Oversubscribed as Investors Show Strong Interest
The Central Bank of Nigeria (CBN) has successfully completed the sale of government securities, issuing N1.053 trillion (equivalent to 680 million dollars) in ...
News
Nigeria: CBN Attracts $530 Million in N1 Trillion Treasury Bill Sale from Foreign Portfolio Investors
In a Treasury bill sale held on Friday, the Central Bank of Nigeria (CBN) successfully attracted $530 million from Foreign Portfolio Investors (FPIs) ...
News
Nigeria: NITDA Reveals Second Phase of e-Government Master Plan for Enhanced Digital Services
The National Information Technology Development Agency (NITDA) has introduced the second phase of Nigeria’s e-Government Master Plan, aimed at fostering transparency in governance ...
Kenya
Kenya: Blockchain Association of Kenya Advocates New Regulatory Measures for Crypto Firms
BAK, a digital asset industry lobby group, has submitted the Virtual Asset Service Provider (VASP) bill to the National Assembly, advocating for the ...
Nigeria
Nigeria: Financial Reporting Council to Take Stringent Action Against Violations
The Financial Reporting Council (FRC) has issued a stern warning, declaring its intention to mete out severe sanctions on accounting professionals and firms ...
News
Nigeria: Federal Government Implements Measures to Combat Inflation as CBN Undertakes N5 Trillion Cash Mop-Up
The Federal Government’s concerted efforts to mitigate the rising inflationary pressures entail the Central Bank of Nigeria (CBN) executing a significant cash mop-up ...
Nigeria
Nigerian House of Representatives Summons Binance CEO Over Money Laundering Concerns
The Committee on Financial Crimes of the Nigerian House of Representatives has issued a summons to Binance CEO, Richard Teng, to appear before ...