News
Nigerian Islamic Finance Industry to Grow on Policy Push -Fitch
The Nigerian Islamic finance industry will continue its growth trajectory in 2023-2024 on the back of government sukuk issuance and policy push but ...
News
Tanzania: NMB Pledges More Investment in Tech to Drive Financial Inclusion
NMB Bank has pledged to continue investing in research to come up with technologically driven banking solutions as part of its commitment to ...
News
Nigeria: Stamp Duty – CBN Says N378.7 Billion Collected in Six Years
The Central Bank of Nigeria (CBN) has said that the total revenue collected as stamp duty in the last six years is N378.7 ...
News
Uganda: MTN Uganda receives ISO certification on information security management system
MTN Uganda has received International Standards Certifications – ISO 27001 on Information Security Management Systems, reinforcing its commitment to prioritising confidentiality, integrity and ...
News
Nigerian banks have sufficient buffers to withstand prevailing macro challenges – Fitch
Nigerian banks have sufficient capital and liquidity buffers to withstand prevailing macroeconomic challenges, providing headroom at their current rating levels, Fitch Ratings has ...
Africa
Africa: ECOWAS Seeks Commitment to Adoption of Single Currency
Dr Sidie Tunis, Speaker of the ECOWAS Parliament has called for more political commitment towards the adoption of the ECOWAS common currency, blaming ...
News
Nigeria: FCMB to Raise N30 Billion from Debt Market
FCMB Plc has announced a plan to raise about N30 billion from the local debt capital market, the group said in a regulatory ...
News
Nigeria: TAP Launches Cowry Card Cashless Fare Collection Technology on new LRMT Blue Rail Line
Touch and Pay Technologies [TAP], a Nigerian fintech company and a leading processor of micro-transactions in Africa, announced today that for the first ...
News
Nigeria: 94 Digital Money Lenders Approved by the Nigerian Government
The operations of 94 businesses as digital money lenders in Nigeria have been authorized by the Federal Competition and Consumer Protection Commission (FCCPC). ...
News
Nigeria: CBN Hikes Benchmark Interest Rate to 17.5%
As inflation fighting gets dirty, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its first meeting of the ...