News
Nigeria: Access Bank Set to Acquire Majority Stake in Uganda’s Finance Trust Bank
Access Bank, a subsidiary of Access Holdings, has announced its intention to acquire a majority stake in Finance Trust Bank (FTB), a Uganda-based ...
Nigeria
Nigeria: NDPC Urges Training of Over 500,000 Data Specialists in Nigeria
The Nigeria Data Protection Commission (NDPC) has emphasized the urgent need for the training and deployment of over 500,000 data protection officers in ...
Nigeria
Nigeria: CBN Signals Continued Tightening in 2024, Anticipates Interest Rate Hikes
The Central Bank of Nigeria (CBN) is poised to maintain its policy of tightening monetary rates throughout 2024, responding to a persistent surge ...
Egypt
Egypt Sets Sights on CBDC Implementation by 2030 Amid Crypto Concerns
Recent reports from the Egyptian press indicate that Egypt is actively advancing its central bank digital currency (CBDC) project. This development is part ...
Libya
Libyan Islamic Bank Elevates Digital Customer Experience Through Backbase Partnership
Libyan Islamic Bank (LIB) is taking bold strides to streamline its customer service operations and elevate the digital banking experience for its customers. ...
Nigeria
Nigeria: CBN Reschedules MPC Meeting for February, Ending Postponement
Putting an end to the indefinite postponement of its regular bi-monthly assessment of key economic indicators, the Central Bank of Nigeria (CBN) has ...
Ghana
Ghana: IMF Greenlights $600 Million Payout to Ghana Within Loan Program
The International Monetary Fund’s board granted approval for the initial review of Ghana’s loan program on Friday, resulting in the immediate disbursal of ...
News
Bank of Uganda Liquidates EFC Uganda and Revokes License
The Bank of Uganda has taken decisive action by liquidating and revoking the license of Entrepreneurs Financial Center (EFC) Uganda, leading to its ...
News
Zimbabwe: RBZ Governor Mangudya Asserts Temporary Nature of Zimbabwe’s Currency Turmoil
Zimbabwe’s recent currency turmoil, particularly evident on the parallel market in the past three weeks, is deemed “temporary,” according to the Reserve Bank ...
Innovation
Nigeria: Federal Government Spearheads Youth Digital Skills Development, Calls for Collaboration in 16 States
In a significant move to foster youth talent in coding and digital skills development, the Federal Ministry of Communications, Innovation, and Digital Economy ...