News
Nigeria: ProvidusBank, Mastercard, Interswitch and Thales launch contactless Tap-to-Pay transactions via smart devices in Nigeria
In a move to further reduce dependency on cash transactions, stimulate innovation and drive the growth of digital payments in Nigeria, ProvidusBank together with Mastercard, Interswitch and Thales Group, ...
Africa
Africa: Network International Appoints Dr. Reda Helal as Group Managing Director, Processing Business – Africa
Reda will be responsible for leading and growing a client-focused business unit serving financial institutions, fintechs and payment partners across all African geographies ...
Zimbabwe
Zimbabwe Dollar Eases 6, 1 Percent At RBZ Auction
The Zimbabwe dollar has recorded a 6,1% decline on the Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction but market watchers have hinted ...
News
MasterCard (MA) offers Google Pay to cardholders in South Africa
MasterCard included MA recently joined forces with renowned MNC AlphabetGoogle, a subsidiary of GOOGL, will introduce digital payments app Google Pay across South Africa. The ...
News
Fidelity Bank to Raise Capital via Private Placement
Fidelity Bank Plc (Ticker: FIDELITYBK) has signalled interest in issuing private placement as part of an effort to strengthen the tier-2 capital lender’s ...
Nigeria
NIN-SIM linkage pushes inactive mobile lines to 98.8 million in July 2022
A total of 98.8 million mobile lines connected to the networks of MTN, Glo, Airtel, and 9mobile have become inactive as of July ...
News
Nigeria: CBN moves against defaulting Anchor Borrowers
The Central Bank of Nigeria (CBN) has moved against beneficiaries of its Anchor Borrowers Programme who have failed to pay back their loans. ...
News
Uganda: Airtel Uganda Partners With Microsoft and MC3 to Improve SMEs
Airtel Uganda Limited is a mobile communications and information technology services provider in Uganda and it recently partnered with Microsoft & MC3 to improve the productivity of ...
Africa
Africa: Nigeria, Ghana, Others Fintech Sales to Surge to $30.3bn By 2025 – Mckinsey
Africa’s financial-technology company revenue may soar to $30.3 billion by 2025, eight times higher than in 2020, as a growing, young and under-banked ...
News
Nigeria: Banks’ Total Asset Grew By 22.07 Percent to N65trn in June – CBN
The Deputy Governor, Financial System Stability Directorate of the Central Bank of Nigeria (CBN), Mrs. Aisha Ahmad and the Deputy Governor, Economic Policy ...