Global
Global: Taiwan’s Central Bank Prioritizes Steady Progress Over Speed in CBDC Development
Yang Chin-long, President of the Central Bank of the Republic of China, emphasized that the development of a central bank digital currency (CBDC) ...
Africa
ECOWAS to Launch Single Currency ‘ECO’
Finance Ministers and Central Bank Governors from the 15-member Economic Community of West African States (ECOWAS) are advancing plans to launch a single ...
News
Nigeria: NIGCOMSAT and Momas Partner to Enhance Communication Infrastructure
To bolster communication infrastructure within Nigeria’s defense sector, Nigerian Communications Satellite Limited (NIGCOMSAT) and Momas Equipment and Protective Applications International Limited (Momas-EPAIL) have ...
News
Nigeria: FX Reserves Increase by $110 Million in 24 Hours, Reach $34.7 Billion
Nigeria’s foreign exchange reserves have surged to a new high of $34.7 billion, according to data released by the Central Bank of Nigeria ...
Global
Global: Surge in Crypto Remittances to Venezuela Amidst Economic Crisis
As Venezuela’s economic crisis deepens, crypto remittances from family members abroad have surged, providing crucial support for residents grappling with persistent inflation and ...
Global
Global: Australia Advances in Digital ID Interoperability
Australia is making significant progress in integrating the country’s digital identity schemes, aiming for interoperability between platforms such as the federal myGov and ...
Global
Global: Japan Introduces New Banknotes with Advanced 3D Hologram Technology to Combat Counterfeiting
Japan has unveiled its first new banknotes in two decades, incorporating cutting-edge 3D hologram technology to enhance security and prevent counterfeiting. Prime Minister ...
News
Nigeria: CBN’s Recapitalisation Programme Will Strengthen Banking Industry – Wema CEO, Oseni
The Managing Director/Chief Executive Officer of Wema Bank Plc, Moruf Oseni, recently discussed the bank’s journey and growth as it celebrated its 79th ...
News
Nigeria: NGX Group Names Jude Chiemeka as CEO of Nigerian Exchange
The Nigerian Exchange Group Plc has appointed Mr. Jude Chiemeka as the Chief Executive Officer of Nigerian Exchange Limited, its operating exchange subsidiary, ...
Africa
Africa: Dahabshiil and M-Pesa Partner to Facilitate Money Transfers for Ethiopian Diaspora
African money transfer company Dahabshiil and Safaricom Ethiopia’s M-Pesa have entered into a partnership to enable the Ethiopian diaspora to send money directly ...