Nigeria
Nigeria: NIMC Temporarily Suspends Third-Party Agents from NIN Registration Amidst Revalidation Exercise
The National Identity Management Commission (NIMC) has announced the temporary suspension of Front-End Partners (FEPs) from participating in the enrolment process for the ...
Nigeria
Nigeria: NCC Grants Glo 21-Day Extension to Resolve Interconnect Fee Dispute with MTN
In a recent development, Globacom (Glo), a prominent Nigerian telecom company, has been given an additional 21 days to address and settle outstanding ...
Nigeria
Nigeria: CBN Pledges Sanctions Following Unearthed Violations of FX Market Regulations
The Central Bank of Nigeria (CBN) revealed on Wednesday that it had uncovered severe infractions, substantial abuse, and notable non-compliance with market regulations ...
News
Uganda: Access Bank to Acquire 80% Stake in Ugandan Finance Trust Bank
Access Bank, a flagship subsidiary of Access Holdings Plc, has initiated a transaction to acquire a majority equity stake, approximately 80%, in Uganda-based ...
Nigeria
Nigeria: Fintech Startup Unveils Repayment Plan for Customers Affected by Recent Platform Breach
In response to the recent security breach on its platform, Patricia Technologies Limited, a fintech startup, has announced a comprehensive repayment plan spanning ...
News
Nigeria: Fitch Places Union Bank on Negative Rating Watch Following CBN Intervention
Fitch Ratings has taken action on Union Bank of Nigeria PLC’s (UBN) Issuer Default Ratings (IDRs), Viability Rating (VR), and National Ratings by ...
Egypt
Egypt Secures $250 Million Islamic Trade Loan Facility from AFC and ITFC
Africa Finance Corporation (AFC) has entered into a groundbreaking agreement with the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic ...
News
Nigeria: Pantami Expresses Concern Over Security Agencies’ Underutilization of NIN-SIM Data Tracking
Isa Pantami, the former Minister of Communications and Digital Economy, has voiced disappointment over the failure of security agencies to effectively utilize the ...
Africa
Finnovex North Africa 2024: SEIZING THE FINTECH BOOM; INNOVATIONS RESHAPING THE FINANCIAL LANDSCAPE
Finnovex, the premier global platform dedicated to catalyzing discussions and insights within the financial technology sector, proudly announces the return of Finnovex North ...
Ghana
Ghana Concludes Debt-Relief Agreement, Facilitating Access to IMF Funding
Ghana has successfully secured a debt-relief deal with its bilateral lenders, including the Paris Club and China, marking a crucial step toward unlocking ...