News
Sierra Leone: High Court Prevents Sale of Standard Chartered Bank Sl
Justice Lornard Taylor, presiding in the Industrial Division of the High Court, has granted an injunction preventing the sale of Standard Chartered Bank ...
Nigeria
Nigeria: CBN Directs Banks, Others to Guard Against Terrorism-Related Transactions
The Central Bank of Nigeria (CBN) has directed commercial banks, other financial institutions(OFIs) under its regulation and payment service providers to search through ...
Egypt
Egypt: Flutterwave expands into North Africa with new Egypt payments licenses
Flutterwave, Africa’s leading payments technology company, has announced February 9, 2023 that it has received its Payment Services Provider and Payments Facilitator licenses ...
News
Nigerians’ interest in artificial intelligence increased by 100% in 2022, according to Google
In 2022, the world was gripped by Artificial Intelligence (AI) fever, and Nigeria was not left out. According to Google, Nigerians’ search for ...
Congo
Congo: IMF Approves $87m Credit Facility for Congo
The Executive Board of the International Monetary Fund (IMF) has approved a disbursement of SDR 324.0 million (US$87 million ) arrangement under the ...
Namibia
Namibia: New Top Appointments At Central Bank
THE Bank of Namibia (BoN) has appointed Romeo Nel, a long-serving director of banking supervision, as technical adviser to the governor. According to ...
Malawi
Malawi: Mama Money and TNM partner for money transfers to Malawi
Mama Money, a fintech that offers cross-border money transfers and banking services has joined forces with TNM, the leading telecommunications and mobile money operator ...
News
Zambia: Paratus Zambia Receives Gateway License
Paratus Zambia, a part of the pan-African telecommunications company, Paratus Group, has just been awarded the last available data gateway license in Zambia ...
News
Nigeria: FIRS, LIRS Sign Pact on Joint Tax Operations, Audit
The Federal Inland Revenue Service (FIRS) has signed a Memorandum of Understanding (MoU) with the Lagos Internal Revenue Service (LIRS) where the two ...
News
Nigeria: Court Orders CBN to Stick to 10 February Validity Date for Old Naira Notes
The Federal Capital Territory (FCT) High Court at Wuse Zone 2, Abuja, has ordered the Central Bank of Nigeria to ensure the enforcement ...