News
Nigeria: CBN Appoints New Board for Keystone Bank, Ada Chukwudozie as Chairman to Lead Growth and Stability
The Central Bank of Nigeria (CBN) has appointed a new board for Keystone Bank Limited, aimed at bolstering the bank’s operations and driving ...
News
Nigeria: Mobile and POS Fraud Dominate Q2 Financial Crimes – Report
Fraud involving mobile, computer, and point-of-sale (POS) systems accounted for the bulk of fraudulent activities in Nigeria during the second quarter of 2024. ...
News
Kenya Seeks Major Overhaul of ICT Policy After 26 Years
In September 2023, the Kenyan government established a Special Working Group (SWG) to review the country’s ICT sector, aiming to reform policies, legislative ...
News
Zambia: Lupiya Partners with Network International to Launch E-Commerce Enabled Debit Card in Zambia
Network International, a leading digital commerce solutions provider across Africa and the Middle East, has partnered with Zambian fintech and neobank Lupiya to ...
Global
Global: Australia’s Central Bank Unveils 3-Year Program for Wholesale CBDC Development
The Reserve Bank of Australia (RBA) has announced a strategic focus on launching a wholesale Central Bank Digital Currency (CBDC) over the next ...
News
Nigeria: CBN Appoints Kassim Gidado as Polaris Bank Board Chair
The Central Bank of Nigeria (CBN) has announced the appointment of a new board of directors for Polaris Bank, with Kassim Gidado appointed ...
News
Nigeria: PalmPay Expands Financial Access with Launch of USSD Code for Offline Transactions
PalmPay, a leading fintech company in Nigeria, has announced the launch of a new USSD code, aimed at expanding access to financial services ...
News
Nigeria: Naira Shows Mixed Performance as CBN Boosts FX Liquidity and Clears Forward Contracts
In a significant turn of events, the Nigerian naira displayed a mixed performance against the US dollar in the foreign exchange (FX) market. ...
Global
Global: Circle Teams Up with Sony’s Blockchain Lab to Boost USDC Adoption
Stablecoin issuer Circle has announced a strategic partnership with Sony Block Solutions Labs to expand the use of its stablecoin, USDC, on Sony’s ...
News
Nigerian Banks Borrow N3tn from CBN in One Week – Afrinvest Report
Nigerian banks and discount houses borrowed a total of N3 trillion from the Central Bank of Nigeria (CBN) through the Standing Lending Facility ...
