News
Nigeria: Redesigned Naira now in banks, ready for issuance – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the newly redesigned Naira notes are already in banks and ready ...
Kenya
Kenyan bitcoin mining startup Gridless raises $2m seed funding for expansion
Kenya’s Gridless, a bitcoin mining company helping to bring new energy generation to rural communities in East Africa, has secured US$2 million in ...
Ghana
Ghana: IMF programme to improve Ghana’s fiscal position, re-instill investor confidence – Deloitte Ghana
Government’s decision to engage the International Monetary Fund (IMF) has been described as one that would improve the country’s fiscal position and re-instill confidence among ...
News
Nigeria: Jaiz Bank Relocates Head Office
A non-interest bank in Nigeria, Jaiz Bank has announced the relocation of its head office to its own building, Jaiz Bank House, Area ...
News
Nigeria: E-payment transactions in Nigeria hit N38.9 trillion in November 2022
Data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that transactions worth N38.9 trillion were performed electronically in November through the NIBSS ...
Kenya
Kenya: KRA wins Sh621 million tax fight with Coop Bank
Kenya Revenue Authority (KRA) has won an Sh621 million tax battle against the Co-operative Bank of Kenya arising from financial transactions between 2013 ...
News
Nigeria: FSDH Merchant Bank announces $35million facility from IFC to boost growth of businesses in Nigeria
The International Finance Corporation (IFC) has approved a credit facility totaling US$35 million in partnership with FSDH, Nigeria’s foremost Merchant Banking Group, to ...
Kenya
Kenya: KRA starts crackdown on hidden employee perks
The Kenya Revenue Authority (KRA) has started a crackdown on firms under-declaring their payrolls in what will see thousands of employees pay taxes ...
Nigeria
Nigerian prop-tech startup VENCO secures $670k pre-seed funding round
Nigerian startup VENCO, which provides solutions to enhance living experiences in residential and commercial communities in Africa, has secured US$670,000 in an oversubscribed ...
News
Nigeria: Ngozi Okonjo-Iweala named one of Forbes’s 2022 most powerful women in the world
Director-General, World Trade Organization (WTO), Ngozi Okonjo-Iweala has been named one of Forbes’s World’s 100 Most Powerful Women in 2022. Forbes is an ...