Global
India Eyes Africa to Build a Digital Payment System by 2027
India is looking to expand its influence in Africa’s burgeoning digital payments market through its Unified Payments Interface (UPI) system. The National Payments ...
News
Nigerians Spent N89.5 Trillion via E-Payment Channels in July 2024, NIBSS Reports
The Nigeria Inter-Bank Settlement Systems (NIBSS) has reported that Nigerians conducted electronic transactions worth N89.5 trillion in July 2024, setting a new record ...
Global
Global: First Abu Dhabi Bank Completes Pilot for Programmable Payments Using JPM Coin
First Abu Dhabi Bank (FAB) has successfully concluded a pilot program leveraging programmable payments via JPM Coin, a digital currency developed through J.P. ...
News
Nigeria: CBN Increases Interest Rate to 27.25% to Tackle Rising Inflation
The Central Bank of Nigeria (CBN) has raised its Monetary Policy Rate (MPR) to 27.25%, up from 26.75%, in a bid to control ...
News
Ethiopia: Ethio Telecom in Talks with Chinese Firm for Hyperscale Data Centre Development
Ethio Telecom is in discussions with a Chinese firm to develop a hyperscale data centre as part of its efforts to bolster Ethiopia’s ...
News
NFIU Director Calls on Judiciary to Prioritize Money Laundering Case Adjudication
The Chief Executive Officer of the Nigerian Financial Intelligence Unit (NFIU), Mrs. Hafsat Abubakar Bakari, has called on the judiciary to prioritise the ...
News
NOVA Bank Announces Appointment of New Executive Directors
NOVA Bank has announced the appointment of David Isiavwe as Executive Director, Operations and Information Technology, and Chinwe Iloghalu as Executive Director, Institutional ...
News
Nigeria: Mastercard Foundation and World Data Lab Target 10 Million Digital Jobs for Nigerian Youth
The Mastercard Foundation, in collaboration with World Data Lab, has announced a bold initiative to create 10 million dignified digital jobs for young ...
News
Nigeria: Keystone Bank Announces New Board Appointments
The Central Bank of Nigeria (CBN) has reconstituted the board of directors at Keystone Bank Limited as part of a strategic effort to ...
News
Nigeria: NCC Targets 6GHz Spectrum to Boost High-Speed Internet in Nigeria
The Nigerian Communications Commission (NCC) has announced plans to harness the 6GHz spectrum to boost internet speed and connectivity across the country. This ...
