News
Nigeria: Other African Countries Understudying e-Naira – CBN
The Central Bank of Nigeria (CBN) has stated that the e-Naira implementation has attracted other African countries to understudy the model and basics ...
News
Nigeria: CBN promises manufacturers loans of not more than 9% rate
The Central Bank of Nigeria (CBN) has assured manufacturers of single-digit loans of not more than 9%. This was disclosed by the CBN ...
News
Nigeria: EFCC arrests man for $200,000 cryptocurrency fraud in Lagos
The Economic and Financial Crimes Commission has arrested one Precious Omonkhoa for an alleged $200,000 (about N108 million) bitcoin investment scam. Omonkhoa was ...
Nigeria
Nigeria: NITDA, FCCPC to sanction money lending fintechs for abuse of customers’ data privacy
The National Information Technology Development Agency (NITDA) has entered into a strategic partnership with the Federal Competition and Consumer Protection Commission (FCCPC) to ...
Kenya
Kenya: Return of M-Pesa Charges Boosts Safaricom’s Profits
Safaricom recorded a 12.1 per cent net profit jump in the half year ended September, helped by revenue growth as the telco reinstated ...
News
Uganda: NSSF, Centenary Bank and Stanbic Uganda Holdings Sweep 2021 Fire Awards
The National Social Security Fund was declared the overall winner of this year’s 2021 Financial Reporting Awards (FiRe) organised by the Institute of ...
Tanzania
Tanzania: Barclays Bank Ordered to Pay Tanzania Roads Agency Sh5.5 Billion
The High Court (Commercial Division) has ordered Barclays Bank PLC to pay the Tanzania National Roads Agency (Tanroads) Sh 5.5 billion over alleged ...
Innovation
Nigeria: Ecobank Nigeria sensitizes customers on e-Naira
Ecobank Nigeria has commenced an intensive sensitization of its customers on the inherent benefits of the e-Naira, which was recently introduced by the ...
Regulatory
Tanzania: Vodacom Tanzania ordered to pay Revenue Authority Sh3 Billion
The Court of Appeal said Vodacom Tanzania must pay the Tanzania Revenue Authority (TRA) Sh3 billion withholding tax on purchase of a computer ...
News
Nigeria: SEC says there is ample room for additional issuance of Green Bonds
The Securities and Exchange Commission (SEC) has stated that there is enough room for more issuance of green bonds. This was disclosed by ...