Kenya
Kenya: CBK reinstates bank M-Pesa fees in a big win for lenders
The Central Bank of Kenya (CBK) has announced the reinstatement of charges on transfers of money between bank accounts and mobile money wallets ...
News
Nigeria: CBN limit cash withdrawals to N100k, N200 now highest ATM denomination
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMOs) and other financial institutions to ensure that weekly over-the-counter (OTC) cash ...
Africa
Africa: Airtel, IFC sign $194 million facility to connect millions of Africans to fast internet
Airtel Africa Plc has announced the signing of a $194 million credit facility with the International Finance Corporation (IFC). A corporate disclosure seen by Nairametrics ...
Nigeria
Nigeria: NCC Hints on Plans for 5G Licenses in 2023
The Nigerian Communication Commission(NCC), the regulator of Nigeria’s burgeoning telecommunications sector, has concluded plans to roll out two additional 3.5GHz spectrum licenses for ...
Ghana
Ghana: Mad Rush By Subscribers to Avoid SIM Card Deactivation
Hundreds of subscribers of mobile network operators (MNOs) over the weekend thronged registration centres to avoid having their Subscriber Identification Module (SIM) cards ...
News
Nigeria: CBN Offered N7.33trn Treasury Bills in Six Months
The Central Bank of Nigeria (CBN) yesterday said it offered treasury bills amounting to N7.33 trillion in the first half of the year ...
Ghana
Ghana: BoG commends UBA as it opens new business office in Ashiaman
The head of Banking supervision of the Bank of Ghana Osei Gyasi has commended UBA for its contribution to shaping the banking sector ...
News
Zimbabwe: RBZ keeps bank rate at 200pc
THE Reserve Bank of Zimbabwe (RBZ) has kept its bank policy rate at 200 percent after its Monetary Policy Committee (MPC) expressed satisfaction ...
News
Nigeria’s telecoms subscribers hit 214 million
The number of active telecommunication subscribers hit 214.35 million in October, according to new industry statistics from the Nigerian Communications Commission. This is ...
News
Nigeria: Enrolments for NIN hit 92.63 million in November 2022
Enrolment for the National Identification Number (NIN) rose to 92.63 million as of November 28, 2022. This is according to the latest data ...