News
Nigeria: PenCom DG Reveals Nigeria’s Pension Reform Success Amidst N2.4tn Deficit
Mrs. Aisha Dahir-Umar, the Director-General of the National Pension Commission, has shed light on Nigeria’s pension reforms, highlighting that they were initiated during ...
News
Nigeria: Naira Recovers as CBN Defends Local Currency with $5.78 Billion
On Tuesday (October 10, 2023), the Naira saw modest daily gains as foreign exchange demand eased. The uptick in the exchange rate was ...
Ghana
Ghana: Joana Mensah Assumes Role of Acting Managing Director at Ecobank Ghana
Ecobank Ghana, the country’s largest commercial bank, has appointed Joana Mensah as the Acting Managing Director. She takes over from Dan Sackey, who ...
News
Nigeria: Verve and Sterling Bank Join Forces to Launch Inaugural Credit Cards
In a concerted effort to enhance payment options with innovation and seamlessness, Verve, a prominent African payment cards and digital tokens brand, has ...
Cameroon
Cameroon: Koree Makes History as First Female-Led Fintech to Win Ecobank Fintech Challenge
Cameroon’s Koree has achieved a groundbreaking victory in the 2023 Ecobank Fintech Challenge, becoming the competition’s first-ever female-led fintech winner. This historic win ...
News
Somalia: African Development Bank Grants Somalia $13.3 Million to Boost Domestic Revenue and Public Expenditure Management
Somalia has secured a significant grant from the African Development Bank to enhance its domestic revenue generation and streamline public spending. The Board ...
News
Nigeria: Paystack Innovates Offline Payments with Virtual Terminal
Paystack is making waves in offline payments with its latest product, the Virtual Terminal, offering an unconventional approach. Traditionally, point-of-sale (PoS) terminals have ...
News
Nigerian Students Win ₦50 Million in Wema Bank’s Hackaholics 4.0 Competition
The journey to an extraordinary finale concluded last week when ten finalists from universities across Nigeria competed for the grand award prize at ...
Kenya
Kenya: Safaricom Dismisses 33 Employees Over Corruption and Fraud Allegations
Safaricom, Kenya’s leading telecommunications company, has announced the termination of employment for 33 staff members due to allegations of corruption and fraud during ...
News
Nigeria: Federal Government Spends N912.32bn on CBN Loan Interest in Q1 2023
In the first quarter of 2023, the Federal Government of Nigeria paid a total interest of N912.32 billion on loans obtained from the ...