News
Naira: Exchange rate determined by forces of demand and supply – CBN
The Deputy Governor, Corporate Services Department of the Central Bank of Nigeria (CBN), Mr Edward Adamu, has attributed the depreciation in the value ...
Nigeria
Nigeria: NITDA Imposes N10 Million Fine On Soko Loan For Data Privacy Invasion
The NATIONAL Information Technology Development Agency (NITDA) has imposed a sanction of N10 million on an online lending platform, Soko Lending Company Limited ...
Regulatory
Tanzania: Court Orders Standard Chartered to Pay 150m/ – Damages to Banker
THE High Court in Dar es Salaam has ordered Standard Chartered Bank and Petromark Africa Limited to pay 150m/- damages to a banker ...
News
NIGERIA :FIRS APPEALS COURT JUDGMENT ON VAT
The Federal Inland Revenue Service (FIRS) said it has appealed a recent judgment of the Federal High Court in Port Harcourt, Rivers state, ...
Egypt
Cairo transport App Schoolz raises 6-figure pre-seed round
Schoolz, a school kids transportation startup has raised a 6-figure pre-seed funding round from both Egypt and Saudi Arabia investors. The Schoolz App ...
Nigeria
Nigeria: OnePort 365 on a mission to facilitate seamless freight management solution to Africa
OnePort 365, a tech-enabled freight management start-up held a media parley at its Marina headquarters on Wednesday 11th August 2021. The virtual event ...
Nigeria
Nigerian e-sports startup Gamr raises round of seed investment
Nigerian competitive e-sports startup Gamr has secured seed investment to scale its operations further and deliver new opportunities to Africa’s estimated 750 million ...
Nigeria
CBN gets court’s order to freeze 4 fintech companies’ accounts
The Central Bank of Nigeria (CBN) has reportedly secured a federal high court’s order in Abuja to freeze accounts of four fintech companies ...
Africa
Finnovex partners Regtech Africa as Banking and Financial Services Industry Titans Converse on Agile Digital Disruption Strategies in the Southern Africa Industry Region
MicroSoft, Smartstream, Oracle, Backbase, Network International, Zentity, Freshworks and Sybrin joined the foremost virtual edition of the 2nd Annual Finnovex Southern Africa Summit ...
Africa
CBDC: EMTECH teams up with Global InfoSwift
EMTECH and Global InfoSwift (GIC) have partnered to deliver capacity building in three areas: Central Bank Digital Currency (CBDC), Regulatory Sandbox Framework, and API & Open ...