News
Nigeria: Federal Government Records N1.5 Trillion Fiscal Deficit in Two Months
Recent figures from the Central Bank of Nigeria (CBN) reveal that the Federal Government of Nigeria experienced a fiscal deficit of N1.54 trillion ...
Africa
Sumsub Launches Non-Doc Verification in Africa to Help Businesses Onboard 350M+ Users
Sumsub, a full-cycle verification platform, today announced that its Non-Document Verification solution is now available in South Africa, Nigeria, Kenya, and Ghana, enabling clients to reach over 350 ...
Global
Global: Challenges Persist for European Payments Firms Amid Economic Concerns
A recent analysis by Jefferies suggests that the challenges faced by fintechs in the payments sector in Europe are likely to extend into ...
News
Nigeria: FIRS and CAC to Enhance Collaboration for Increased Revenue Generation
The Federal Inland Revenue Service (FIRS) and the Corporate Affairs Commission (CAC) have expressed their commitment to fortify their existing collaboration in order ...
News
Nigeria: CBN Reports Surge in Forex Inflow, Reaching $11 Billion in Two Months
Nigeria experienced a substantial surge in foreign exchange (forex) inflow, reaching an aggregate of $11.11 billion in the months of July and August, ...
News
Nigeria: CBN Alerts Public on Circulation of Counterfeit Notes Amid Lingering Naira Scarcity
The Central Bank of Nigeria (CBN) issued a statement on Friday, drawing attention to the presence of counterfeit banknotes in circulation, particularly in ...
Ghana
Ghana: M-KOPA Successfully Launches Flexible Digital Financing Model in Ghana Following Pilot Program
M-KOPA, a leading African fintech platform, has officially launched its flexible digital financing model in Ghana after a successful pilot phase. This strategic ...
Botswana
Botswana Adjusts Interest Rate Downwards, Citing Stable Inflation Outlook
Botswana’s central bank has decided to reduce its primary interest rate by 25 basis points to 2.40%, emphasizing its confidence in maintaining a ...
Global
Web 3 & AI Professionals Choose Dubai as New Home, But Why?
The broad spectrum of future technology is evolving fast. Lightning fast. As future tech companies have started to demand more from the cities ...
Global
Global: Russian Central Bank Anticipates Dip in Banks’ Profits in 2024 Following a Record Year
The central bank of Russia projects that the profits of the country’s banks will achieve unprecedented levels, reaching around 3.3 trillion roubles ($36 ...