Intelligence
Nigeria: NDIC pays N11bn to over 500,000 depositors of liquidated banks
The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has explained that the Corporation has paid a cumulative of N101.76 billion ...
Intelligence
Nigeria: BVN Enrolment Rises To 51.19m – NIBSS
The total number of Bank Verification Numbers (BVN) so far issued by concerned financial service institutions in Nigeria has climbed to 51.19 million ...
Intelligence
Nigeria Sees Higher Revenue from Company Tax in Q3, VAT Drops – NBS
Nigerian government sees improved corporates tax collections in the third quarter (Q3) of 2021, according to the National Bureau of Statistics (NBS) latest ...
Intelligence
Nigeria: Direct Remittances Drops by 62.4% to $1.96bn in 10 Months
Latest data by Central Bank of Nigeria (CBN) has revealed that total direct remittances from Nigerians in Diaspora dropped by 62,4 per cent ...
Intelligence
Zimbabwe: FCA Deposits Hit U.S.$1,72 Billion
Foreign currency account (FCA) deposits, on a broad money basis, grew by 68,85 percent in the year to September 2021, latest statistics from ...
Intelligence
Nigeria: Currency in circulation rose by N129bn in October – CBN
The currency in circulation in the country rose by N129bn to N2.97tn in October from N2.84tn in September, according to the figures from ...
Intelligence
Rwanda: Remittances to Rwanda Estimated to Reach $246 Million This Year
Remittance inflows to Rwanda for 2021 are estimated at around $246 million after a drop to $241 million in 2020 as a result ...
Intelligence
Nigeria leads Africa with $18bn as global remittances hit 7.3%
Nigeria again led the rest of Africa as remittances to low- and middle-income countries are projected to register a 7.3 percent to reach $589 ...
Global
Binance lost 3% of its customers due to KYC requirements – Changpeng Zhao
In a Bloomberg interview with CZ, which is the nickname of Binance CEO, Changpeng Zhao, discussing Binance’s newly released ‘10 fundamental rights for ...
Intelligence
Digital Payments in Kenya Grow Beyond Pandemic-Led Push, reports Cellulant
The growth witnessed in Kenya is reflective of the payments landscape in the rest of Africa, reports Cellulant, with a noted shift in ...