News
Nigeria: Telecom Spending Reaches N3.86tn Due to Increased Video Streaming and Calls, Reports NCC
The amount spent on telecom services in Nigeria reached N3.86tn in 2022, primarily driven by heightened video streaming and talk time, as stated ...
News
Nigeria: CBN Acting Governor Highlights Diversion of Diaspora Remittances as Cause of Naira Depreciation
The Central Bank of Nigeria (CBN) has identified the diversion of diaspora remittances to unofficial markets, particularly the parallel market, as a key ...
Global
Global: AI-Driven Conversational Payments and Seamless Credit with UPI -India’s Vision
The Reserve Bank of India (RBI) has unveiled an array of innovative fintech initiatives, including the integration of AI-powered “conversational” payments into India’s ...
News
Nigeria: CBN Attributes Naira’s Decline to Diversion of Diaspora Remittances
The Central Bank of Nigeria (CBN) has linked the rapid depreciation of the naira against the dollar to the redirection of remittances from ...
Africa
Africa: MTN Group MoMo API Hackathon 2023: Empowering African Innovators (Win up to $10,000 in Prizes)
MTN MoMo stands as a pioneering fintech platform, revolutionizing digital financial services for both consumers and businesses across the African continent. With operations ...
Global
Global: India’s Central Bank Initiates 1 Trillion Rupees Withdrawal via Incremental CRR
The Reserve Bank of India (RBI) is set to withdraw nearly one trillion rupees ($12.07 billion) from the banking system using a temporary ...
Africa
African Entrepreneurs Garner Membership in Global Endeavor Network
Over the past year, ten African entrepreneurs hailing from five startups across the continent have been welcomed into the esteemed global Endeavor network. ...
News
Nigeria: IMF Recommends 5 Key Policy Measures to Enhance Financial Inclusion in Nigeria
The International Monetary Fund (IMF) has outlined five crucial policy options for advancing financial inclusion in Nigeria, the largest economy in Africa. These ...
News
Nigeria: New Telecom Operators Targeting 27 Million Underserved Nigerians, Says NCC
In a bid to extend telecommunication services to the 27 million Nigerians currently without access to telecom networks, the Nigerian Communications Commission (NCC) ...
News
Nigeria: Polaris Bank Welcomes Two New Executive Directors to Leadership Team
Polaris Bank has ushered in a new phase of leadership with the appointment of two distinguished individuals to its executive team. In a ...