News
South Africa Faces Headwinds, Debt-GDP Ratio Jumps to 70%
South Africa’s economy is facing mounting economic and social challenges, the executive board of the International Monetary Fund (IMF) said after the conclusion ...
News
Nigeria: Rates on Nigerian Treasury Bills Spike at CBN Auction
The Central Bank of Nigeria (CBN) hikes spot rate pricing on Nigerian Treasury bills (NTB) auction sales conducted on Wednesday (June 7, 2023) ...
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Zimbabwe: RBZ Raises Key Rate to 150 Percent Amid Financial Turmoil
The Reserve Bank of Zimbabwe (RBZ) has reviewed upwards the main policy rate to 150 percent from 140 percent as part of measures ...
News
Nigeria: NIBSS slashes electronic transfer fees
The Nigerian Inter-Bank Settlement System has slashed its transaction processing fee for NIBSS Instant Payment from N5 to N3.75k effective July 1, 2023. ...
News
Nigeria: 427,962 Nigerians in diaspora get NIN
The percentage of diasporan Nigerians with National Identification Numbers rose to 25.17 per cent in May 2023. The National Identity Management Commission has ...
Global
Global: BIS Project Dynamo develops smart contract prototype for SME finance
A new prototype developed as part of Project Dynamo explored how institutional investors can be encouraged to finance small and medium-sized enterprises (SMEs) ...
Global
Global: Instagram might be working on an AI chatbot
Instagram may be working on an AI chatbot, according to images leaked by app researcher Alessandro Paluzzi. According to the leaks, which reflect ...
News
Nigeria: FG records N930bn two-month fiscal deficits – CBN
The Federal Government recorded N930.8bn fiscal deficit in January and February 2023 according to the Central Bank of Nigeria. The CBN stated in ...
News
Nigeria: Telecom tax- Stakeholders project rise in call cost
The cost of calls, data, and SMS may rise after the former president of Nigeria, Muhammadu Buhari, signed a five per cent excise ...
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Nigeria: SEC partners SON on commodities standardisation
The Securities and Exchange Commission says it has partnered with the Standards Organisation of Nigeria to develop standards for commodities meant for exports ...