News
Payoneer Reaches $3.3 Billion Deal to Go Public With Betsy Cohen SPAC
Payoneer Inc., the online payments firm used by the likes of Airbnb Inc. and Amazon.com Inc., agreed to go public by merging with ...
News
HMRC awards Open Banking contract to Ecospend
The UK tax authority has handed a £3 million Open Banking contract to fintech startup Ecospend, with the aim of making it easy ...
News
Aflorithmic nabs $1.3M for AI-driven personalized audio-as-a-service
London and Barcelona based audio-as-a-service SaaS startup Aflorithmic has scooped up $1.3 million in seed funding from Crowd Media Holdings, an Australia-based company focused ...
News
FG, World Bank begin process to rebase Nigeria’s GDP
The Federal Government in collaboration with the World Bank have commenced the process to rebase Nigeria’s Gross Domestic Product. Experts describe GDP as ...
News
Interoperability will determine CBDC winners and losers
China has opened testing for its digital yuan. The excitement surrounding this project has electrified several major Chinese cities, as well as onlookers ...
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Alibaba’s cloud division profitable for the first time as Jack Ma’s empire faces regulatory scrutiny
Alibaba reported profitability for its cloud computing business for the first time in a continued push to diversify its business beyond e-commerce as it ...
News
Jeff Bezos to step down as Amazon CEO after 26 years
Amazon founder Jeff Bezos has announced that he would stand aside later this year as Chief Executive Officer of the company he built ...
News
Access Bank launches partnership with American Express to expand the acceptance of cards in Nigeria
Access Bank and American Express have launched a partnership to broaden the acceptance and usage of American Express Cards in Nigeria. This announcement ...
Global
Global: Bank of England to Cut Interest Rate to 0% on Thursday: Soc Gen
The Bank of England will cut its basic interest rate and raise its quantitative easing programme to support the lockdown-ravaged UK economy, according ...
News
First Bank Unveils N1m Loans For 86,300 POS Agents
First Bank of Nigeria Limited has announced the provision of loan facilities of about N1 million each to 86,300 Firstmonie banking agents across ...