News
Nigeria: MTN, Airtel bar 9.7 million subscribers
Two telecommunication companies have reported that 9.7 million of their subscribers are still barred from making outgoing calls despite submitting their National Identification ...
Ghana
Ghana: SIM cards not fully registered to be deactivated November 30, 2022
SIM cards that have been linked to Ghana Cards but not undergone the second phase of registration will be blocked from accessing data ...
Survey
Zimbabwe May Be Inching Closer To Creating a CBDC As RBZ Launches Consumer Survey
The Reserve Bank of Zimbabwe has launched a survey to get public input on the proposal for the creation of a Central Bank ...
News
Nigeria: Fitch Downgrades Nigeria as Interest on Debts Exceeds Govt. Revenue
Fitch Ratings has downgraded Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘B’ with a stable outlook amidst macroeconomic uncertainties, noting ...
News
Nigeria: NCC to Discuss December 5G Spectrum Auction at Stakeholders’ Forum
The Nigerian Communications Commission (NCC) has concluded arrangements to hold stakeholders’ forum where the proposed auction of the remaining two lots in the ...
News
Nigeria: Banks charge customers N715bn for electronic transactions, others
Eleven banks charged their customers N714.61bn for electronic fees and other forms of commissions in the first nine months of 2022. According to ...
News
Nigeria: CBN commits $16.9bn to forex market, other obligations in H1’22
The Central Bank of Nigeria, CBN, disbursed about $16.9 billion in its foreign exchange market interventions and statutory obligations in the first half ...
News
Nigeria: Beware of online loans, data agency warns
The National Commissioner, Nigeria Data Protection Bureau, Dr Vincent Olatunji has advised Nigerians against taking loans from unregistered online platforms as some of ...
Egypt
Egypt: Blnk, a fintech that provides instant consumer credit in Egypt, raises $32M in debt and equity
Credit card penetration in Egypt is low, with just over 4 million cards used in a population of more than 100 million people. ...
Kenya
Kenya: Safaricom hints at return of charges on banking transactions
Safaricom has hinted that it might soon start charging banking transactions, two years after the charges were dropped due to Covid-19. While reporting ...