Nigeria
Nigeria: CBN and ONSA Forge Alliance to Combat Illicit Activities in FX Market
The Central Bank of Nigeria (CBN) and the Office of the National Security Adviser (ONSA) have formed a strategic partnership to investigate and ...
Nigeria
Nigeria: CIBN Collaborates with Senate Committee to Discuss Proposed CIBN Act Bill
The Chartered Institute of Bankers of Nigeria (CIBN) recently engaged with the leadership and members of the Senate committee to discuss the passage ...
News
Nigeria: Hafsat Bakari Appointed CEO of Nigerian Financial Intelligence Unit by President Tinubu
President Bola Tinubu has named Hafsat Bakari as the Chief Executive Officer (CEO) of the Nigerian Financial Intelligence Unit (NFIU). Ajuri Ngelale, the ...
Nigeria
Nigeria: Fitch Warns Proposed FX Gateway Bank Could Impact Nigerian Banks’ Liquidity
Fitch Ratings, a prominent credit rating agency, has expressed concern that the proposed foreign currency gateway bank announced by the Central Bank of ...
News
Nigerian Banks Offload $3.3 Billion Amid Central Bank Efforts to Counter Naira Decline
The Nigerian Naira faced a renewed decline in both official and parallel foreign exchange markets on Friday. The national currency depreciated to N1,670/$ ...
Nigeria
Nigeria: CBN Restricts Banks as Naira Slips Amidst Fresh Forex Concerns
he Nigerian financial landscape witnessed a fresh downturn in the value of the naira across both official and parallel foreign exchange markets on ...
Kenya
Kenya Takes Steps to Regulate Cryptocurrency Trading Amid Grey Listing Concerns
Kenya is actively working on crafting new regulations to oversee cryptocurrency trading, particularly in popular digital assets like Bitcoin. This initiative is driven ...
Ethopia
Ethiopia Unveils Regulatory Sandbox to Boost Financial Innovation
Ethiopia has officially introduced its Regulatory Sandbox through the Innovative Finance Lab (IFL), a platform co-owned by the National Bank of Ethiopia (NBE) ...
Nigeria
Nigerian Fintech Firm PennyTree Secures Crowdfunding License from SEC
PennyTree, a prominent Nigerian financial technology (Fintech) company, has successfully obtained a crowdfunding license from the Securities and Exchange Commission (SEC) of Nigeria, ...
Africa
Finnovex East Africa 2024: Leading the Charge in Innovating for Inclusive Finance: “Transforming East Africa’s Financial Landscape.”
Nairobi, Kenya: Finnovex East Africa 2024 is poised to set new benchmarks in the realm of financial innovation as it convenes on the ...