News
Nigeria: Banks’ consumer loans decline 17% as CBN tightens money supply
For the first time in three years, banks reduced consumer loans by 17 per cent (N400 billion), in one month, following a decline in money ...
Ghana
Ghana: ¢25bn used in financing government debt; Adongo’s allegation “false, unfounded”- BoG
The Bank of Ghana (BoG) has described as false and unfounded some allegations made by Member of Parliament for Bolgatanga Central, Isaac Adongo. ...
Kenya
Kenya: Safaricom Ethiopia Generates Sh98.3 Million in First Month
Safaricom Ethiopia generated a Sh98.3 million in first month of operation, coming just one month after it officially launched its telecommunication services in ...
Ghana
Ghana: SIM-related fraud has declined since registration exercise started – Communications Minister
Communications Minister Ursula Owusu-Ekuful says there has been a decline in SIM-related fraud since the commencement of the registration exercise. According to her, ...
News
Nigeria: MTN, Airtel bar 9.7 million subscribers
Two telecommunication companies have reported that 9.7 million of their subscribers are still barred from making outgoing calls despite submitting their National Identification ...
Ghana
Ghana: SIM cards not fully registered to be deactivated November 30, 2022
SIM cards that have been linked to Ghana Cards but not undergone the second phase of registration will be blocked from accessing data ...
News
Nigeria: Fitch Downgrades Nigeria as Interest on Debts Exceeds Govt. Revenue
Fitch Ratings has downgraded Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘B’ with a stable outlook amidst macroeconomic uncertainties, noting ...
News
Nigeria: NCC to Discuss December 5G Spectrum Auction at Stakeholders’ Forum
The Nigerian Communications Commission (NCC) has concluded arrangements to hold stakeholders’ forum where the proposed auction of the remaining two lots in the ...
Global
Global: Fed May Need to Raise Rates to 6%, Monetary Economist Taylor Says
The Federal Reserve needs to raise interest rates significantly higher, to perhaps 6%, to reduce inflation, influential monetary economist John Taylor said on ...
News
Nigeria: Banks charge customers N715bn for electronic transactions, others
Eleven banks charged their customers N714.61bn for electronic fees and other forms of commissions in the first nine months of 2022. According to ...