Nigeria
CBN Debits 20 Banks N118bn for Default on CRR
The Central Bank of Nigeria (CBN) has withdrawn a total of N118 billion from the accounts of some banks for falling short of ...
Nigeria
NSE Masks for All Nigerians Campaign receives boost from private sector
The rapid rise in confirmed cases of Coronavirus (COVID-19) in Nigeria demands more collective, decisive, coordinated and inclusive action in the fight against ...
Regulatory
CBN expands scope of regional banks in Nigeria, gives compliance timeframe
The Central Bank of Nigeria (CBN) has expanded the scope of regional banks in the country, by requiring them to open branches in ...
News
Fidelity Bank appoints Chike-Obi as Board Chairman
Fidelity Bank has announced the appointment of Mustafa Chike-Obi as Chairman of the Board of Directors. The appointment has been approved by the ...
Ghana
MTN extends fee waiver on 100 cedis MoMo for another 3 months
Telecommunications giants, MTN Ghana has extended its fee waiver for mobile money transactions of 100 cedis and less for three more months. In ...
Startup
Meet the MEST Africa Challenge national winners, so far
Startups from Ethiopia, Kenya, Ivory Coast, Rwanda and Ghana have been named country winners of the MEST Africa Challenge, earning their places in ...
Nigeria
OPay Shuts Down ORide, Others in Nigeria
OPay, African Fintech startup, has announced it is suspending some of its Nigerian operations including ORide, OCar, and OExpress, excluding its payment operation, ...
Africa
The Fate Of Uber Cash In Africa As e-Hailing Giant Dumps Fintech Dream
By now, it’s no longer news that global ride-hailing giant, Uber Technologies Inc, has abandoned or, at least, suspended the original plan that ...
Nigeria
Mobile payments in Nigeria have grown 391% in 1 year
Mobile payments in Nigeria are growing at an incredible pace according to data from the Nigerian Inter-Bank Settlement Scheme (NIBSS). Latest data shows ...
Ghana
MTN Ghana Continues to Fight Against Regulator’s Attempts to Restrict Operations
MTN Ghana has initiated a new move in seeking a judicial review of Ghana’s National Communications Authority (NCA)’s decision to declare the telecom ...