Global
Global: House Crypto Legislation Is Weeks Away- Rep. McHenry
The head of the House Financial Services Committee expects to soon put forth cryptocurrency legislation. Rep. Patrick McHenry, R-N.C., told an audience at CoinDesk’s Consensus 2023 ...
Angola
Angola: Bad Loans Drop 31 Percent in 2022
Bad loans in 2022 totalled 296.2 billion kwanzas, 31 percent less compared to the previous year, ANGOP has learnt from the data published ...
News
Nigeria: Bank deposits dropped by N210bn in Q1 – CBN
As Nigerians make huge withdrawals from deposit money banks, the total amount of demand deposits dropped by N210bn between January and March 2023. Data ...
News
Nigeria: NIN enrolment dropped by 41% in April – Report
National Identification Number enrollment declined by 41.63 per cent year-on-year in the first four months of 2023 to 4.67 million from 8 million ...
News
Nigeria: CBN denies phasing out New Naira Notes
Old and new notes will circulate side-by-side for transactions ahead of the Dec. 31 deadline. Nigeria’s Central Bank has denied plans to phase ...
Africa
Africa: AfDB, Japan Sign $350m Loan to Support Africa’s Private Sector
The African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA)have signed a JPY 44,100,000,000 (350 million dollars) loan to finance the ...
Africa
Africa: How Africa’s largest native crypto exchange thrived post-FTX
The collapse of FTX with filing for bankruptcy on 11 November 2022 sent a ripple effect across the world including Africa. But VALR, ...
Africa
Africa: IMF Executive Board Approves a U.S.$191.4 Million Extended Credit Facility Arrangement With the Central African Republic
 The Executive Board of the International Monetary Fund (IMF) approved a 38-month Extended Credit Facility (ECF) arrangement of SDR 141.68 million (about US$191.4 ...
Global
Global: OpenAI’s ChatGPT reenters Italy after obliging transparency demands
Popular interactive artificial intelligence (AI) chatbot, ChatGPT, has had its ban on providing services in Italy lifted after addressing the privacy concerns raised by the ...
Global
Global: Mastercard launches Web3 user verification solution to curb bad actors
Mastercard’s new solution revolves around providing “secure transactions between users, verified according to standards” set by the company. Global financial services giant Mastercard ...