Africa
Algeria: Electronic Payment – Over Two Million Commercial Transactions Recorded in 2021
Algerian Prime Minister and Minister of Finance, Aïmene Benabderrahmane has disclosed that during the year 2021, more than two million “commercial operations via ...
Intelligence
Kenya: Communications Authority Slashes Calling Rates Effective January 1
The Communications Authority of Kenya (CA) has cut the rate mobile phone operators charge each other for interconnecting customers by Sh0.87 or 87.7 ...
Intelligence
Nigeria: CBN policy to drive up diaspora remittances in 2022 – WorldRemit
Diaspora remittances into Nigeria is set to surpass Foreign Direct Investment (FDI) for the second consecutive year given some of the favourable policies instituted ...
Intelligence
Nigeria: Competition by banks, fintechs drive consumer loans up 43% to N1.8trn
Bank customers enjoyed a 43 per cent increase in consumer loans in two years, as banks and fintechs intensified competition for the lucrative ...
Global
Global: 20% of large companies will use digital currencies by 2024 – Gartner
According to Gartner twenty per cent of large organisations will use digital currencies for payments, stored value or collateral by 2024. The prediction ...
Intelligence
Kenya: Firms in Kenya Less Able to Scale Up Despite Increased Listings – World Bank
Firms in Kenya are less able to scale up despite the increased creation of new firms, World Bank has said highlighting a trend ...
Global
Global: Fraud detection and prevention market to hit USD 100 bln by 2027
A research study by Global Market Insights has shown that fraud detection and prevention (FDP) market is expected to surpass USD 100 billion by 2027. ...
Intelligence
Nigeria: FG may extend NIN-SIM linkage deadline again, records 35% enrolment target
The Minister of Communications and Digital Economy, Dr Isa Pantami, has disclosed that as of December 10, 2021, over 70 million unique national ...
Intelligence
Nigeria: PenCom says 10 out of 22 PFAs met N5 billion regulatory requirement
The National Pension Commission, PenCom, has said that 10 out of 22 PFAs in Nigeria have met the N5 billion requirement by the ...
Intelligence
Nigeria: 63.97 million telephone lines disconnected amid SIM–NIN linkage – NCC
A total of 63.97 million lines were disconnected in one year amid the National Identity Number-Subscriber Identity Module data verification, data obtained from ...
