News
Nigeria: Nigerian banks invest additional N1.55 trillion in Treasury Bills in one year
Deposit Money Banks increased their holdings in Nigerian Treasury Bills by N1.55 trillion between July 2021 and June 2022 to stand at N2.28 trillion. This ...
Kenya
Kenya: Equity’s takeover of Spire the best way out, says CBK
Equity Bank plan to buy struggling Spire Bank is the best deal available in the market, the Central Bank of Kenya told Parliament. ...
News
SA: South African coins will undergo some major changes in 2023
In 2023, South Africans will see a new look as well as design on the R5, R2, R1, 50c, 20c and 10c coins. ...
News
Nigeria: Airtel and UNICEF launch partnership to connect more than 300,000 students to digital learning in Nigeria
Airtel has announced that it has joined hands with UNICEF under the Reimagine Education Initiative and will be connecting 620 primary schools in ...
News
Nigeria: FG to tax cryptocurrency, other digital assets in 2022 finance bill, says Zainab Ahmed
Zainab Ahmed, minister of finance, budget and national planning, says there is a provision to tax cryptocurrency and other digital assets in the ...
News
Nigeria: Currency Redesign Can’t Improve Naira Value – CBN
The Deputy Director, Currency Operations Department of the Central Bank of Nigeria (CBN), Amina Halidu-Giwa, said the apaex bank’s redesigning programme will not ...
Kenya
kenya: Collapsed US crypto firm FTX put billions in 3 Kenyan firms
Crypto exchange FTX and its sister company Alameda Research, which have filed for bankruptcy in a United States court, invested billions in at ...
Nigeria
Nigeria: CBN issues new guidelines for getting a bank license for new and pending applications
The Central Bank of Nigeria has released guidelines for licensing of banks and other financial institutions. The apex bank said, “it is for ...
Nigeria
Nigeria: Nigerian foodtech startup, Orda, raises $3.4 million in seed funding
Nigerian food tech startup, Orda, said it has raised a $3.4 million seed investment to help it to digitize many African restaurants through its cloud-based ...
Nigeria
Nigeria: FG extends compliance deadline for data protection
The Federal Government has extended the deadline requiring organisations to comply with the provisions of the Nigeria Data Protection Regulation 2019. The deadline ...