Global
Global: Blackstone to Invest £10bn in AI Data Centre in the UK
Blackstone has announced plans to build a £10 billion hyperscale AI data centre in Blyth, Northumberland, marking one of the largest data centre ...
News
Nigeria: Interbank Rates Show Mixed Trends Amid Liquidity Strain in Financial Market
Interbank rates in Nigeria displayed mixed movements as the financial system faced significant liquidity pressure, following monetary policy actions by the Central Bank ...
News
Nigeria: CBN Partners with Microfinance Banks to Boost Financial Inclusion and MSME Growth
The Central Bank of Nigeria (CBN) has announced a strategic partnership with Microfinance Banks (MFBs) to enhance financial inclusion and support the growth ...
News
Nigeria: Manufacturers Warn CBN: Interest Rate Hike Will Aggravate Nigeria’s Economic Challenges
The Manufacturers Association of Nigeria (MAN) has raised serious concerns about the Central Bank of Nigeria’s (CBN) decision to increase the Monetary Policy ...
Africa
Africa: Mastercard and KaiOS Partner to Equip African SMBs with Affordable Payment Solutions
Mastercard and KaiOS Technologies have joined forces to provide small and medium-sized businesses (SMBs) in emerging markets with affordable digital payment devices, starting ...
Africa
Africa: Itana and AFC Join Forces to Establish Africa’s First Digital Economic Zone in Nigeria
Itana and the Africa Finance Corporation (AFC) have formalized a partnership aimed at developing Africa’s inaugural digital economic zone. The collaboration was announced ...
News
Nigeria: NDIC Explains Delays in Refunds to Some Heritage Bank Depositors
The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, revealed that certain insured depositors of the now-defunct Heritage Bank ...
News
Nigeria: Accion Microfinance Bank and CrediCorp Collaborate to Launch Nationwide Consumer Credit Program for Middle-Income Nigerians
Accion Microfinance Bank (MfB) has joined forces with CrediCorp to introduce a consumer credit program designed to provide affordable loans to over 15,000 ...
Global
Global: Worldpay Strengthens Blockchain Infrastructure by Becoming a Validator
Worldpay is making significant strides towards enhancing its involvement in blockchain technology by entering discussions with various blockchains to become a validator, responsible ...
Global
Global: Oman’s CBO Implements Initiatives to Strengthen Monetary and Financial Landscape
The Central Bank of Oman (CBO) is driving several initiatives aimed at bolstering the country’s financial sector in collaboration with key stakeholders. According ...
