Intelligence
Nigeria: Foreign exchange inflow falls to $4.97bn – CBN
Foreign exchange inflow into the economy fell by 59.8 per cent in April according to figures obtained from the Central Bank of Nigeria ...
News
Nigeria: UBA publishes names, BVN and account numbers of forex defaulters
The United Bank of Africa has published the names, Bank Verification Numbers (BVN) and account numbers of some customers alleged to have violated ...
News
Nigeria: CBN seeks support of IATA to curb forex ‘ticket renting’
The Central Bank of Nigeria (CBN) has called for the support of the International Air Transport Association (IATA) to curb ‘Ticket renting’ in ...
News
Uganda: Money in Dormant Commercial Bank Accounts Grows to Shs9.5b
Bank of Uganda has said the amount of money in dormant accounts has grown from Shs700m in 2014 to Shs9.5b. Speaking in a ...
Nigeria
Nigerian businesses to accept Apple Pay on Paystack
Paystack, a US-based fintech company, has announced it is launching Pay with Apple Pay on its platform. The company is now a payment ...
Egypt
Egypt: China’s Didi launches operations in Egypt
Chinese ride-hailing firm Didi Chuxing, has now launched operations in Egypt. The North African country becomes the second in Africa where Didi has ...
Africa
Mobile financial services use in Sub-Saharan Africa more than triples in 6 years
Nearly half of all consumers in Sub-Saharan Africa are using mobile financial services in 2021 – a more-than three-fold increase in the last ...
News
Nigeria: Verve partners NIMC to improve national identity management system
Verve has thrown its support behind the Federal Government’s efforts to create a robust digitization framework for comprehensive identity management for Nigerians. This ...
News
China to Establish Banks in Nigeria – In the Digital Currency Era
The Chinese Ambassador to Nigeria, Cui Jianchin, says he is in talks with Chinese-owned banks to establish operations in Nigeria, NAN reports. For ...
South Africa
South Africa: Chipper Cash launches with free P2P money transfers
Chipper, the fastest growing African fintech start-up that facilitates free peer-to-peer (P2P) money transfers and instant cross-border payments in Africa, officially launched Chipper ...