News
Nigeria: Telecoms operators say banks’ USSD debt has increased to N80 billion
Telecommunications operators in Nigeria said banks’ debt to them for the provision of Unstructured Supplementary Service Data (USSD) has increased to N80 billion ...
Kenya
Kenya: Kenya Hikes Interest Rate to 8.25%
The central bank of Kenya raised its benchmark interest rate by 75 basis points to 8.25% at its September 2022 meeting, surprising markets ...
News
SA: SAP to cough up R82-million more over state corruption
Germany’s SAP has been ordered to pay a further R81.5-million for its complicity in state capture corruption involving the department of water affairs ...
Africa
Africa: Cassava Network Launches AfriMyth Avatars to Onboard Millions of African Users to Web3
Cassava Network, a Web3 rewards infrastructure protocol, today launched the first version of their Web3 DApp alongside their AfriMyth Avatar collection. The Avatars, ...
News
Nigeria: UNICEF Uses NFTs to raise funds for developing countries
Humanitarian aid organization, UNICEF, has utilized Non-Fungible Tokens (NFTs) as a means of raising funds to help with its mission of providing internet ...
News
Nigeria: NGX Group to reconstitute board
The board of the Nigerian Exchange (NGX) is to be reconstituted to reflect new shareholding structures. The board of the Nigerian Exchange Group, ...
Nigeria
Nigeria: ICAN drags FIRS to court over tax seal
Five Accountants have dragged the Federal Inland Revenue Service before the Federal High Court in Lagos over its plan to coerce tax practitioners ...
Kenya
Kenya: CMA, KDC Partner to Advance Access of Financial Services to SMEs
The Capital Market Authority (CMA) and Kenya Development Corporation (KDC) have signed a Memorandum of Understanding (MoU) that aims to ease the accessibility ...
News
Uganda: Housing Finance Bank Launches Online Govt Securities Portal That Allows Customers to Invest On the Go
Housing Finance Bank officially launched its Government Securities Portal with a campaign dubbed” Invest On The Go” at Mestil Hotel and Residences, Kampala. ...
Nigeria
Nigeria: FCCPC Wants Unregulated Operators to Comply with CBN Standards
The Federal Competition and Consumer Protection Commission (FCCPC), has urged unregulated digital money lending entities to comply with Central Bank of Nigeria (CBN) ...