Global
Stablecoins, CBDCs may not resolve financial inclusion, international remittance challenges – BIS Report
Stablecoins and central bank digital currencies (CBDCs) may not live up to their promise of increasing financial inclusion and improving cross-border payments in emerging markets, according ...
Intelligence
Nigeria’s 24.2% Adoption Rating Is the Highest Rate of Crypto Ownership Globally – Finder Survey
According to the latest Finder Cryptocurrency Adoption Index, in October 2021, Nigeria had the highest rate of cryptocurrency ownership globally, at 24.2%. Bitcoin ...
Intelligence
Kenya: Women Dominate Kenya’s e-Commerce Space at 51% – Jumia Africa
Women have dominated the e-commerce sector in Kenya, standing at 51 percent, Jumia Africa has revealed in their report dubbed ‘Africa E-commerce Index ...
Intelligence
Nigeria: UBA’s nine-month profit jumps 36% to N105bn on higher income from term loans
The bank’s gross earnings rose 7.9 per cent to N490.3 billion. United Bank for Africa (UBA), between January and September, reported N104.6 billion in ...
Africa
Sub-Saharan Africa Recovery Will Be Slowest in the World –IMF
As the countries around the world move to boost productivity, the International Monetary Fund says economic recovery in the Sub-Saharan Africa region will ...
Intelligence
Nigeria: NIA says insurance companies have paid N9 billion in compensation for losses recorded during #EndSARS protests
The Nigerian Insurance Association says insurance companies have already paid N9 billion in claims following destructions recorded during last year’s #EndSARS protests in ...
Global
How Multiple Payment Gateways Can Help Boost Merchants’ Cross-Border Sales
Most shoppers who shifted online during the pandemic will maintain their digital habits indefinitely, and projections show that a growing share of eCommerce will be ...
Global
New Zealand invites feedback on its AML/CFT Act
New Zealand’s Ministry of Justice has invited feedback on possible changes to its AML/CFT Act as the country works to implement recent recommendations ...
Global
Samsung Pay reports that 40% of Brits are concerned about contactless limit increase
Samsung Pay has made public a commissioned study performed by Ketchum Research and Analytics according to which the recent increase in the contactless payments ...
Global
Brazilians acquired crypto worth USD 4B in 2021 – CBB
Brazilians have brought over USD 4 billion of cryptocurrencies to the country, according to numbers from the Central Bank of Brazil. The commercial ...
