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Early UK fintech Cashplus becomes fully fledged bank
Move by company will cut funding costs as it seeks to compete with rivals such as Monzo. Cashplus, one of the UK’s oldest ...
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CBN orders banks to close cryptocurrency accounts
The Central Bank has ordered banks and other financial institutions to identify persons and entities operating cryptocurrency exchanges and close all such accounts. ...
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Nigeria Joins SA, Kenya On Facebook Marketplace
In a move that is expected to further deepen the Nigerian online marketplace, Facebook has announced the launch of the marketplace on its ...
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Capital market, viable funding source for SMEs – NSE
The Nigerian Stock Exchange has described the capital market as a viable source of funding for Small and Medium Enterprises, saying it continues ...
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EY deploys blockchain products on China’s Blockchain-based Service Network
Ernst & Young, one of the world’s largest professional services networks, is expanding its blockchain services in China in partnership with major local ...
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WealthArc raises $4m to strengthen overseas growth
Swiss wealth management fintech WealthArc is looking to strengthen its overseas growth after securing more than $4 million in funding. WealthArc’s cloud-native platform ...
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McKinsey to pay $573m over claims it fuelled US opioid crisis
McKinsey & Co. will pay $573 million to settle claims by U.S. states that the blue-chip consulting firm helped fuel the country’s opioid ...
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Former South Korean Social Media Giant to Relaunch Its Business by Creating a New Ethereum-Based Token
A social media giant that significantly impacted South Korea’s internet influence in the early 2000s is set to take a second breath. The ...
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YC-backed Djamo is building a financial super app for consumers in Francophone Africa
Djamo, a financial super app for consumers in Francophone Africa, is the first startup from Ivory Coast to get backing from Y Combinator. ...
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Ngozi Okonji Iwela emerges the first Black woman to run the world’s top trade official.
The path has been cleared for Nigeria’s Ngozi Okonjo-Iweala to become the first woman and the first African to lead the World Trade Organization ...