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Global: Bitzlato crypto founder charged with $700m financial crimes
Authorities have seized cryptocurrency exchange Bitzlato, and arrested its co-founder, accusing the firm of fuelling a “high-tech axis of crypto crime”. The US ...
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Global: Metaverse to possibly create $5T in value by 2030
The success of metaverse will rely on a greater focus on maximizing the human experience aimed at delivering positive experiences for consumers, end-users ...
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Ghana: CID preparing docket for prosecution of VAT offenders – GRA
The Ghana Revenue Authority (GRA) has announced that the Criminal Investigations Department(CID) of the Ghana Police Service is currently preparing the docket to ...
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Nigeria: WEMA Bank Appoints Moruf Oseni new CEO as Adebise Retires
Wema Bank Plc. has announced the retirement of its Managing Director/CEO, Ademola Adebise. He will be proceeding on terminal leave from January 2nd, ...
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Nigeria: Consumers Reject to Pay N15,000 for Third Party Motor Insurance
The Insurance Consumers Association of Nigeria (INSCAN) has called on the National Insurance Commission (NAICOM) to reverse its directive on the increase of ...
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Ghana: Ghanaian banks’ capital to weaken on sovereign debt restructure – Fitch Ratings
Ghanaian banks could face significant pressure on their capitalisation due to the restructuring of local-currency (LC) sovereign debt, Fitch Ratings says. Fitch believes ...
Kenya
Kenya: Dollar crisis earns Kenya banks Sh52bn amid consumer woes
Commercial banks’ earnings from foreign exchange trading for nine months through September nearly doubled on higher demand for the dollar amid widening margins. ...
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Nigeria: CBN to Woo Nigerians on using e-Naira at Lagos Trade Fair
The Lagos International Trade Fair (LITF) attendees are being invited by the Central Bank of Nigeria (CBN) to make history by becoming one ...
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Ghana: We are not illegally transferring funds offshore – BoG’ denies TUC Research Director’s claim
The Bank of Ghana has taken a swipe at comment by the Director of Research at the Ghana Trades Union Congress (GTUC), Dr. ...
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Nigeria: Sterling Bank posts N5.4 billion profit in Q3 2022
Sterling Bank Plc delivered an N5.4 billion profit for Q3 2022, marking a 43% increase from the N3.8 billion profit reported in the comparable ...