News

Nigeria: FIRS loses VAT appeal as Lagos joins tax war

A Federal High Court sitting in Port Harcourt, Rivers State, has dismissed an application by the Federal Inland Revenue Service, FIRS, seeking to ...

By Regtech AfricaSeptember 8, 20210

News

Stanbic IBTC Holdings Announces 50.1% Drop in Profit, Declares N1.00 Interim Dividend

Stanbic IBTC Holdings Plc has announced 50.1 per cent drop in profit for half year ended June 30, 2021 amid weak gross earnings ...

By Regtech AfricaSeptember 8, 20210

News

Nigeria: Bitcoin, others pose danger to global economy -EFCC boss

The Chairman, Economic and Financial Crimes Commission, Abdulrasheed Bawa, has said Bitcoin and other cryptocurrencies portend huge risks to the world economy. According ...

By Regtech AfricaSeptember 8, 20210

Intelligence

Diaspora Remittances into Nigeria fall by 24% in Q1 2021

Nigeria attracted $4.2 billion in foreign remittances in the first quarter of 2021 as the country continues to grapple with foreign currency challenges. ...

By Regtech AfricaSeptember 8, 20210

Global

Standard Chartered to launch a digital-only bank in Singapore

Standard Chartered has agreed a joint venture deal to launch a digital-only bank in Singapore with the country’s National Trades Union Congress (NTUC). A Standard ...

By Regtech AfricaSeptember 8, 20210

Kenya

Kenya fintech Pezesha gets 7-figure seed extension from GreenHouse Capital to fuel Africa expansion

Pan-African fintech Pezesha to build scalable lending infrastructure for SMEs and institutions has announced a seven-figure growth funding round led by GreenHouse Capital (Africa’s first ...

By Regtech AfricaSeptember 8, 20210

News

Nigeria: FCMB Emerges Best SME Bank in Africa

First City Monument Bank (FCMB) has emerged as Best SME Bank in Africa and Best SME Bank in Nigeria at the Asian Banker ...

By Regtech AfricaSeptember 8, 20210

Liberia

Liberia: Growth Accelerator Program launches in Liberia backed by UNDP and others

UNDP partners with iCampus Liberia, Growth Africa, and the Accountability Lab Liberia to support impactful Liberian entrepreneurs intending to scale their ventures through ...

By Regtech AfricaSeptember 8, 20210

Kenya

Kenya: M-Pesa Reaches 50mn Active Monthly Customers

Safaricom has announced that its mobile money service M-Pesa has reached 50 million monthly active customers. M-Pesa Africa MD, Sitoyo Lopokoiyit, in a ...

By Regtech AfricaSeptember 8, 20210

Rwanda

Rwanda: KOICA invests $7.1M into the Rwanda Coding Academy

KOICA (The Korea International Cooperation Agency) just signed a Record of Discussion with Rwanda’s Finance and Education ministries for the implementation of the US$7.1 million ...

By Regtech AfricaSeptember 8, 20210

Nigeria: FIRS loses VAT appeal as Lagos joins tax war

Stanbic IBTC Holdings Announces 50.1% Drop in Profit, Declares N1.00 Interim Dividend

Nigeria: Bitcoin, others pose danger to global economy -EFCC boss

Diaspora Remittances into Nigeria fall by 24% in Q1 2021

Standard Chartered to launch a digital-only bank in Singapore

Kenya fintech Pezesha gets 7-figure seed extension from GreenHouse Capital to fuel Africa expansion

Nigeria: FCMB Emerges Best SME Bank in Africa

Liberia: Growth Accelerator Program launches in Liberia backed by UNDP and others

Kenya: M-Pesa Reaches 50mn Active Monthly Customers

Rwanda: KOICA invests $7.1M into the Rwanda Coding Academy

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