Global
Global: Qatar Central Bank Pilots Digital Currency Initiative
As digital currencies become increasingly inevitable, central banks around the world are exploring their own versions to stay ahead of the curve. But ...
News
Nigeria: Wema Bank Advocates for Digital Empowerment of MSMEs in Nigeria
Wema Bank, the pioneer of Africa’s first fully digital bank, ALAT, has urged stakeholders to prioritize digital empowerment for Micro, Small, and Medium ...
Global
Global: BIS Plans to Expand Global Instant Payment Systems
The Bank for International Settlements (BIS) has announced plans to expand the world’s largest instant payment system (IPS). On Monday (July 1), BIS ...
News
Nigeria: MTN to Build West Africa’s Largest Data Centre
MTN Nigeria has announced plans to construct the largest data centre in West Africa, featuring a 1,500-rack capacity and Tier 4 specifications within ...
News
Nigeria: Enhanced SoftPOS Adoption Key to Resolving Funds Transfer Issues – Stakeholders
Stakeholders in the e-commerce sector are advocating for the wider adoption of SoftPOS, a payment system that enables financial transactions without the need ...
News
Nigerian Official Promotes Blockchain and AI to Combat Illicit Financial Flows
Olanipekun Olukoyede, the Chairman of Nigeria’s Economic and Financial Crimes Commission (EFCC), has underscored the potential of blockchain technology and artificial intelligence (AI) ...
News
Nigerian Investment App Bamboo Expands to South Africa, Democratizing Investment Opportunities
Bamboo, a prominent Nigerian investment app known for enabling users to invest in US stocks, has expanded its operations to South Africa. This ...
Africa
Africa: Remittances to Nigeria and Other African Countries Expected to Rise by 1.5% This Year
Remittances to Nigeria and other sub-Saharan African (SSA) countries are projected to increase by a modest 1.5% this year, boosting the inflow to ...
Kenya
Kenya: Sanlam Kenya Adopts Financial Engineering Strategy to Accelerate Growth and Profitability
Sanlam Kenya, a listed non-bank financial solutions provider, has developed a strategic plan to enhance growth and profitability. During the firm’s 78th Annual ...
Global
Global: Jordan’s E-Card Usage Surges to 6.4 Million in 2023 — CBJ Governor
The number of e-cards in Jordan reached 6.4 million in 2023, with transactions totaling JD18.7 billion, marking an 11 percent increase compared to ...