News
Nigeria: Naira Weakens as CBN Foreign Payments Surge by 11%
The naira continued its downward trajectory in the foreign exchange market, depreciating by 0.7% week-on-week to N1,678.87 per US dollar at the Nigerian ...
Ghana
Ghana: Bank of Ghana Suspends Taptap Send Over Regulatory Violations
The Bank of Ghana (BoG) has suspended Taptap Send, a popular remittance platform, from partnering with local payment service providers and commercial banks ...
Nigeria
Nigeria: NCC Attributes Data Depletion to Technology, Not Operators
The Nigerian Communications Commission (NCC) has cleared Mobile Network Operators (MNOs) of any wrongdoing in relation to complaints of data depletion and incorrect ...
Nigeria
Nigeria: SEC Urges Stockbrokers to Leverage Capital Market for $1 Trillion Economy
Dr. Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC), has called on stockbrokers and other stakeholders in Nigeria’s capital market to ...
Nigeria
Nigeria: House Committee Urges FIRS to Boost Revenue with New Headquarters
The House of Representatives Committee on Finance has urged the Federal Inland Revenue Service (FIRS) to leverage its soon-to-be-completed 16-storey headquarters to enhance ...
Africa
Africa: Exploring Moniepoint’s Potential Move Toward a Commercial Banking Licence
Moniepoint has had an impressive few days. Fresh off a successful $110 million funding round, the company shared a heartfelt video on its ...
News
Nigeria: OPay Unveils Large Transaction Shield to Strengthen Security Against Fraud
OPay, one of Nigeria’s prominent digital financial services platforms, has introduced an advanced security feature called the “Large Transaction Shield,” aimed at enhancing ...
Nigeria
Nigeria: NDIC Reassures Nigerians of Bank Stability and Security
The Nigeria Deposit Insurance Corporation (NDIC) has assured Nigerians of the stability, security, and health of the nation’s deposit money banks, encouraging citizens ...
News
Nigeria: PalmPay Wins Financial Inclusion Award at BrandCom 2024
Fintech platform PalmPay has been awarded the “Most Outstanding Fintech Driving Financial Inclusion” at the BrandCom Awards 2024, an accolade presented by Brand ...
Nigeria
Nigeria: Africhange’s Currenzo Secures CBN’s IMTO License to Facilitate Remittances for Nigerians
Africhange, through its remittance platform Currenzo, has secured an International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria (CBN), marking ...