News
Nigeria: Interswitch Sets new Transaction Record in Nigeria, Processes 1.2 billion Transactions in March 2023
Africa’s integrated payments and digital commerce platform company, Interswitch said it processed 1.2 billion transactions in March 2023, setting new record in Nigeria. ...
News
South Africa: South Africa establishes forensic unit to fight financial crimes
The Financial Intelligence Centre has established a forensic unit to help the government fight corruption and prosecute complex financial crimes, part of an effort ...
Ghana
Ghana: Funds approved by parliament meant to settle all investors – SEC clarifies
The Securities and Exchange Commission (SEC) has dismissed claims that the GH¢5.5 billion approved by Parliament in 2021 to settle owed customers of defunct fund ...
Africa
Africa: Vista wins bid to buy StanChart Zim
Vista Group Holding SA, the Guinea-headquartered financial institution, has won the bid to acquire seven units of Standard Chartered Plc including Zimbabwe as ...
News
Nigeria: Nigeria’s Telecom Regulator to Build Emergency Centres
Telecom operators regulator, Nigeria Communication Commission (NCC) is to build emergency communication centres in 36 states of the federation and the Federal Capital ...
News
Nigeria: Wema Bank Names Moruf Oseni Chief Executive
Nigerian lender, Wema Bank Plc, has announced the appointment of Moruf Oseni as the substantive Managing Director and Chief Executive Officer (MD/CEO) effective ...
News
MTN Nigeria pays N281 billion, $590.5 million as licensing fees in 21 years of operation in Nigeria
Technology company, MTN Nigeria, has paid a total of N281 billion and $590.5 million to the Nigerian government in the last 21 years ...
Ghana
Nigeria: UBA Books N17.2bn Loss from Ghana’s Debt Restructuring
United Bank for Africa (UBA), a tier-one Nigerian lender has booked a N17.280 billion impairment loss attributable to the Group’s exposure to its ...
News
Nigeria: FIRS official wins Africa’s award in taxation
A staff member of the Federal Inland Revenue Service, Dr. Anthonia Alebiosu, has won the ‘Forty Under 40 Africa Award’ in South Africa. ...
News
Nigeria: PenCom urges RSA account holders to embrace mortgage scheme while in service
The National Pension Commission (PenCom) has urged Nigerians to embrace PenCom acquisition of residential mortgages (residential houses) scheme for Retirement Savings Account (RSA) ...