News
Nigeria’s inflation climbs to 22.41%
Nigeria’s annual inflation rate rose to 22.41 per cent in May, the National Bureau of Statistics (NBS) has said. The bureau disclosed this ...
News
Nigeria: Naira weakens to 702/$, CBN fresh FX supply likely
The naira traded at 702.19/dollar at the close of business on Thursday (June 15, 2023), as the Central Bank of Nigeria has allowed ...
Africa
Lesotho: Revenue Service Lesotho (RSL) Launches e-payment, e-taxation platforms
The Revenue Service Lesotho launched e-payment and e-taxation which gives the clientele a platform to pay taxes online and e-file their tax returns. ...
News
Nigeria: FIRS commences implementation of amended Finance Act, 2023
The Federal Inland Revenue Service (FIRS) on Tuesday (June 13, 2023)announced the commencement of implementation of the amended Finance Act, 2023. This was ...
Nigeria
Nigeria: CBN Grants Awacash Microfinance Bank License
Awacash, a fintech platform, has received a microfinance bank license from the Central Bank of Nigeria. This is followed by its previous acquisition of a ...
Kenya
Kenya: Court Freezes 45 Bank Accounts Of Flutterwave
A court in Nairobi, Kenya has frozen 45 bank accounts and 10 mobile money wallets belonging to Flutterwave, a Nigerian-owned financial technology firm ...
News
Nigeria: New telcos eyeing 27millon Nigerians without telecom access – NCC
Licencing Mobile Virtual Network Operators and the continued rollout of Fifth Generation (5G) networks across the country is in a bid to offer ...
News
Nigeria: Polaris Bank appoints two new executive directors
Polaris Bank has appointed two new members into its executive leadership team. A statement issued by the bank said, “Chinwe Iloghalu joins the ...
Ghana
Ghana: BoG issues second warning notice against 97 unlicensed entities providing loans via mobile money
The Bank of Ghana (BoG) has issued a notice regarding the persistent operation of unlicensed entities that offer loans through mobile applications to ...
News
Nigeria: CBN Abolishes Multiple Exchange Rate Window
The Central Bank of Nigeria (CBN) has confirmed changes in the foreign exchange market. In a statement on Wednesday (June 14, 2023) night, ...