News
Zimbabwe plans to issue gold-backed digital tokens
Zimbabwe’s central bank plans to sell a gold-backed digital currency to the public from May 8 in another attempt to stabilise its tumbling ...
Nigeria
Nigerian fintech startup Storspay raises $320k, selected for Techstars NYC
lending infrastructure platform for the internet, connecting retail investors seeking alternative asset investment opportunities with small businesses globally needing more affordable capital to ...
Malawi
Malawi: Centenary Group appoints Godfrey Byekwaso as Deputy MD for Centenary Bank Malawi
Centenary Group has appointed Godfrey Byekwaso, hitherto the General Manager of Finance at Centenary Bank Uganda, as its Deputy Managing Director for Centenary ...
News
Nigeria: Kashifu Inuwa Abdullahi- Boosting the nation’s digital economy through visionary leadership
IT’S not often that President Muhammadu Buhari goes out of his way to defend his decisions on appointments or reappointments. However, he made ...
News
Nigeria’s digital payment industry suffers 161,272 cyber attacks
Nigeria’s digital payment ecosystem has continued to witness persistent attacks by cybercrooks as over 161,272 financial threats were witnessed. Complex attacks by advanced ...
Africa
Africa: AfDB Signs Deal to Strengthen Fintech in Africa
The African Development Bank (AfDB) has signed a $525,000 grant agreement with Africa Fintech Network (AFN) to strengthen the development of fintech in Africa. ...
Angola
Angola: Bad Loans Drop 31 Percent in 2022
Bad loans in 2022 totalled 296.2 billion kwanzas, 31 percent less compared to the previous year, ANGOP has learnt from the data published ...
News
Nigeria: Bank deposits dropped by N210bn in Q1 – CBN
As Nigerians make huge withdrawals from deposit money banks, the total amount of demand deposits dropped by N210bn between January and March 2023. Data ...
News
Nigeria: NIN enrolment dropped by 41% in April – Report
National Identification Number enrollment declined by 41.63 per cent year-on-year in the first four months of 2023 to 4.67 million from 8 million ...
News
Nigeria: CBN denies phasing out New Naira Notes
Old and new notes will circulate side-by-side for transactions ahead of the Dec. 31 deadline. Nigeria’s Central Bank has denied plans to phase ...