News
Nigeria: Sterling Bank Partners with NIBSS and AfriGO on Independence Reward Programme
Sterling Bank has partnered with AfriGO and the Nigeria Inter-Bank Settlement System (NIBSS) to launch the “Independence Reward Programme,” aimed at promoting digital ...
Nigeria
Nigeria: CBN Urges Customers to Report Illegal Fees
Many bank customers across Nigeria have raised concerns over arbitrary debits and excessive charges from their banks, describing them as exorbitant and unwarranted. ...
Regulatory
SA: Fincra Secures Third-Party Payment Provider Licence in South Africa, Expands Payment Solutions for Businesses
African payment infrastructure provider, Fincra, has successfully obtained a Third-Party Payment Provider (TPPP) licence in South Africa, marking a significant step towards enhancing ...
Kenya
Kenya Introduces Digital Nomad Visa for Individuals Earning Over $50,000 Annually
Kenya has launched a digital nomad visa aimed at remote workers earning an annual income of at least $50,000. This visa is designed ...
Nigeria
Nigeria: CBN Orders Banks to Submit FX Compliance Report by Year-End
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) and all other participants in the foreign exchange market to submit ...
Ghana
Ghana Unveils Cybersecurity Policy Amid Rising Cyberattack Threats
Ghana has introduced a comprehensive cybersecurity policy in response to growing threats from cyberattacks. This initiative, led by the Cyber Security Authority (CSA), ...
Africa
Africa: Chipper Cash Collaborates with MoneyGram and Stellar for Real-Time Cash In and Cash Out Services
Chipper Cash has launched real-time cash-in and cash-out services for its users through a new partnership with MoneyGram, powered by the Stellar blockchain ...
News
Nigeria: CBN Spends $543 Million to Stabilize Naira Amid Market Volatility
The Central Bank of Nigeria (CBN) disclosed that it sold $543.5 million to authorized dealer local deposit money banks (DMBs) between September 6 ...
News
Nigeria: Insurance Industry Urged to Embrace Artificial Intelligence for Enhanced Efficiency
The President of the Chartered Insurance Institute of Nigeria (CIIN), Yetunde Ilori, has called on stakeholders in the insurance sector to adopt artificial ...
Nigeria
Nigeria’s CBN Governor Advocates for Bretton Woods Reform to Address African Economic Needs
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for significant reforms within the World Bank and International Monetary ...