Nigeria
Fitch forecasts that banks’ earnings will be hit hard by CBN’s CRR policy, others
The Foremost International Rating Firm, Fitch Ratings, has forecast that punitive policies by the Central Bank of Nigeria (CBN), especially the Cash Reserve ...
South Africa
Statistics South Africa to conduct trial to the country’s first ever digital census
The Census 2021 Trial, scheduled to start from 10 August – 06 September 2020 in selected areas in South Africa will test online ...
Ethopia
Visa and Bank of Abyssinia Launch E-Commerce Acquiring Business Using CyberSource
Visa, the world leader in digital payments, and Bank of Abyssinia (BoA) have announced a strategic partnership to drive of e-commerce acquiring through ...
Nigeria
Data Privacy – NGO Challenges the Central Bank on directive to share Bank Customers’ Data with fintechs
On the heels of the Central Bank’s directive to commercial banks to share customers’ data with fintech companies, the Digital Rights Lawyers Initiative ...
Nigeria
FG releases new details on MSMEs support scheme, budgets N200 billion for loans
The Federal Government has released new details on the Micro Small and Medium Enterprises (MSMEs) support scheme being rolled out under the National ...
Nigeria
Nigeria signs African Trade Insurance Agency agreement
President Muhammadu Buhari has signed the instrument of accession agreement for Nigeria for the establishment of the African Trade Insurance Agency. This was announced by ...
Africa
Facebook’s connectivity investments to deliver $57B economic benefit across Africa by 2024 (1)
Facebook released findings from ‘The Impact of Facebook’s connectivity initiatives in Sub- Saharan Africa, a study that highlights how Facebook investments in infrastructure ...
Kenya
Kenya Could See More Loan Defaults Due to COVID
There are all indications that commercial banks will experience a significant increase in the number of loan defaulters as the global coronavirus pandemic ...
Africa
African Banks Reach Out to Global Lenders for Funds
A number of leading African banks have over the past few months entered long-term loan agreements with international financiers to shore up their ...
Nigeria
Protection of the rights of citizens and consumers is of utmost priority to the government
The Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami has stated that protection of the rights of citizens and consumers ...