News
Nigeria attracts $23bn in diaspora remittances as digital transfers gain ground
Nigeria’s diaspora remittance inflows are projected to reach about $23 billion in 2026, reinforcing the country’s position as the largest recipient of remittances ...
News
Nigeria’s 5G connections rise 41% in one year as network migration accelerates
Nigeria’s 5G connections increased by 41 per cent in the year to June 2026, highlighting a gradual shift towards higher-speed mobile networks as ...
Ghana
Ghana: BoG says central banking requires diverse skills beyond economics
The Bank of Ghana (BoG) is broadening its search for talent beyond traditional economics and statistics as technological innovation and emerging financial models ...
Africa
Africa: PAPSS targets China, India payment systems as transaction volumes surge
The Pan-African Payment and Settlement System (PAPSS) is preparing to connect with major payment systems in China and India by the first quarter ...
News
Nigeria’s stablecoin growth attracts Bitget Wallet expansion
Nigeria’s growing stablecoin market is attracting deeper investment from digital asset platforms, with Bitget Wallet expanding its direct bank transfer services to make ...
Africa
Africa: PAPSS targets full African coverage as cross-border transactions surge
The Pan-African Payment and Settlement System (PAPSS) is targeting full continental coverage within the next five years as it moves into a new ...
Africa
African businesses lose billions to costly cross-border payments
African businesses operating across borders continue to face significant financial and operational costs from opaque foreign exchange spreads, lengthy correspondent banking processes and ...
Ghana
Ghana: MoMAG urges MoMo agents to diversify as digital payments reshape Ghana’s financial sector
The Mobile Money Advocacy Group Ghana (MoMAG) has urged Mobile Money (MoMo) agents across the country to diversify their businesses as technological innovation ...
News
Nigeria: Financial sector growth slows to 9.29% despite N5.3tn recapitalisation
Growth in Nigeria’s banking and insurance sectors slowed to 9.29 per cent in real terms in the second quarter of 2026, despite more ...
News
Nigeria: Fix financial fragility before seeking external funds – NIGCOMSAT boss
Heads of public institutions must strengthen their financial management and establish institutional credibility before seeking additional funding for reforms, Managing Director and Chief ...