News
Nigeria Spends 40% of FX on Importation of Petrol, Others – Emefiele
Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has stated that the country spends almost 40 per cent of its scarce foreign ...
Regulatory
Zimbabwe: RBZ Orders Banks to Detect Debit Card Abuses
The Reserve Bank of Zimbabwe’s Financial Intelligence Unit (FIU) has ordered banks to urgently implement measures to detect ongoing rampant debit card abuses ...
Africa
Seychelles: Commercial Banks in Seychelles Implement Central Bank-Mandated Monetary Policies
All commercial banks in Seychelles have implemented the monetary policies announced by the Central Bank of Seychelles (CBS) in June after they were ...
Nigeria
Nigeria: CBN issues guidelines on disposal of non-permissible income
The Central Bank of Nigerian has issues guidelines for the disposal of Non-permissible income (NPI) for Non-interest financial institutions (NIFI). This is according ...
Ghana
Ghana: Mrs Antoinette Kwofie Appointed Chief Finance Officer of Scancom PLC – MTN Ghana
Mrs Antoinette Kwofie has been appointed Chief Finance Officer (CFO) of Scancom PLC (Mobile Telecommunications Network (MTN) Ghana). Mrs Kwofie is a Chartered ...
Innovation
Safaricom and NHIF launch M-PESA mini app
Kenya-based communication solutions company Safaricom has rolled out a mini-app version of M-PESA that will provide NHIF’s transacting services. The NHIF mini-app will provide all NHIF ...
Nigeria
Nigeria: Eden Life closes $1.4m seed round to build out Africa’s first home services app
Eden Life has secured a $1.4 million new capital investment to go into building in-house technology, develop kitchens, operational hubs, and part of ...
Nigeria
Nigeria: Fintech Sparkle raises $3.1M Seed Round
The round raises Sparkle’s total funding thus far to $5.1 million. Nigeria’s lifestyle and financial ecosystem app Sparkle has raised a $3.1 million seed round ...
Innovation
Nigeria: Access Bank creates dollar debit card to access forex outside Nigeria
Access Bank has created dollar debit cards that customers can use in accessing foreign exchange outside the country. This is according to an email ...
News
Nigeria: SEC partners with EFCC to combat financial crimes
Nigeria’s Securities and Exchange Commission (SEC) has announced that it had enlisted the help of the Economic and Financial Crimes Commission (EFCC) to ...

















