News
NIGERIA : EXCHANGE RATE WILL FALL TO N423/1$, BANK CEOS ASSURES NIGERIANS
The Committee of Banks Chief Executive Officers in Nigeria headed by the CEO of Access Bank, Herbert Wigwe has assured that the exchange ...
News
NIGERIA : NCC INTRODUCES DEVICES TO TACKLE SIM-RELATED CRIMES
The Nigerian Communications Commission (NCC) has instituted a Device Management System (DMS) to tackle SIM boxing and call masking, two acts that are ...
Ghana
Ghana Vice President Praises Central Bank’s CBDC Initiative, Says Digital Currencies Can Boost Intra-African Trade
The Ghanaian Vice President, Mahamudu Bawumia, has implored African governments to start exploring digital currencies as such alternatives have the potential to enhance ...
Innovation
Kenya: Interswitch, sacco sign digital payment deal
Electronic payment company Interswitch Group has inked a deal with K-Unity Sacco to provide its more than 100,000 members secure digital payment solutions. ...
Africa
Nigeria: Fowler, ex-FIRS chairman, appointed board member of Pan-African Parliament
Babatunde Fowler, former chairman of the Federal Inland Revenue Service (FIRS), has been appointed to the eight-member board of Pan-African Oversight Committee, an ...
Nigeria
Nigeria: CBN directs commercial banks to set up Forex teller points
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches for the sale ...
News
Nigeria: Unique NIN Enrolments Hit 59.8m with Average of Three SIMs
The total number of unique National Identity Number (NIN) that has been verified across networks in Nigeria has reached 59.8 million as at ...
Nigeria
CBN to refund capital deposit, licensing fees to BDCs
The Central Bank of Nigeria has said it will commence the refund of the N35 million minimum capital deposits to applicants of Bureau De Change ...
Innovation
Tanzania: Equity Introduces Money Transfer Platform to Boost Remittance
EQUITY Bank Tanzania has introduced interbank money transfers and SADC SIRESS services to boost cross boarders’ and regional remittance services. The two new ...
Opinions
Mobile money set to take South Africa by storm
Mobile money has seen massive uptake in Africa over the last decade, however, South Africa has lagged due to the country’s stringent banking ...