News

Nigeria: Union Bank gets notification for mandatory takeover by Titan Trust Bank

Union Bank of Nigeria Plc has notified its shareholders and the Nigerian Exchange Limited that it has received a Mandatory Takeover Offer (MTO) from Titan Trust Bank ...

By Regtech AfricaOctober 25, 20220

News

Nigeria: UBA reports N116 billion profit in Q3 2022

United Bank for Africa Plc has released its interim consolidated and separate financial statement for the third quarter period that ended September 31, 2022. ...

By Regtech AfricaOctober 25, 20220

News

Nigeria: Islamic Development Bank Approves $1.8bn Financing for Nigeria

The Islamic Development Bank (IsDB) has approved a total financing of $1.8 billion for Nigeria, as the country becomes the fourth largest shareholder ...

By Regtech AfricaOctober 25, 20220

Global

Global: Japan’s International Payments System will test plastic cards for CBDC

Japan Credit Bureau (JCB), a Japanese analog to international payments systems like Visa or Mastercard, announced the start of its central bank digital currency ...

By Regtech AfricaOctober 25, 20220

News

Nigeria: Bank directors seek end to regulation affecting profit

Bank Directors Association of Nigeria has said payment of deposit insurance premium on the funds sterilised at the Central Bank of Nigeria as ...

By Regtech AfricaOctober 25, 20220

Ethopia

Ethiopia: Safaricom plans $8bn investment in Ethiopia

Safaricom says it plans to invest US$300 million a year into Ethiopia over the next ten years, having already invested US1.2 billion in ...

By Regtech AfricaOctober 25, 20220

News

Nigeria: Telecom Contributes $70bn to Nigeria’s GDP – Danbatta

Executive Vice Chairman of Nigerian Communications Commission (NCC), Prof. Umar Danbatta said technology-driven telecommunications industry has contributed $70 billion to Nigeria’s economy. He ...

By Regtech AfricaOctober 25, 20220

News

Trapped Funds: CBN to release $120 million to foreign airlines — Emefiele

Some foreign airlines under the IATA have been in a running battle with the Nigerian government over the inability to repatriate $464 million ...

By Regtech AfricaOctober 25, 20220

Ghana

Ghana: BoG Governor to meet banks and operators of Forex Bureau over cedi depreciation

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, will on Tuesday meet managers of banks and operators of forex bureaux ...

By Regtech AfricaOctober 25, 20220

News

Rwanda: Rwanda Gears Up for 5G Network

Rwanda is in preparation to adopt the 5th Generation mobile network to drive its digital economy as part of the newly released broadband ...

By Regtech AfricaOctober 25, 20220

Nigeria: Union Bank gets notification for mandatory takeover by Titan Trust Bank

Nigeria: UBA reports N116 billion profit in Q3 2022

Nigeria: Islamic Development Bank Approves $1.8bn Financing for Nigeria

Global: Japan’s International Payments System will test plastic cards for CBDC

Nigeria: Bank directors seek end to regulation affecting profit

Ethiopia: Safaricom plans $8bn investment in Ethiopia

Nigeria: Telecom Contributes $70bn to Nigeria’s GDP – Danbatta

Trapped Funds: CBN to release $120 million to foreign airlines — Emefiele

Ghana: BoG Governor to meet banks and operators of Forex Bureau over cedi depreciation

Rwanda: Rwanda Gears Up for 5G Network

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