News
Nigeria’s Q1 2024 Company Tax Revenue Drops to N984 Billion
The National Bureau of Statistics (NBS) has reported that Nigeria’s total company income tax (CIT) for the first quarter of 2024 amounted to ...
Global
Global: Mastercard Aims for 100% E-Commerce Tokenisation in Europe by 2030
Mastercard has set an ambitious goal to achieve 100% e-commerce tokenisation in Europe by 2030, aiming to phase out manual card entry and ...
Kenya
Kenya: IMF Approves New Ksh.126 Billion Funding for Kenya
After an unusually long wait, Kenya has secured a staff-level agreement with the International Monetary Fund (IMF), unlocking the disbursement of USD 976 ...
Global
Global: GCO Signs Agreement with Amazon Ads to Boost Qatar’s Digital Economy
The Government Communications Office (GCO) has entered into a Memorandum of Understanding (MoU) with Amazon Ads to support Qatar’s digital transformation journey. This ...
News
Nigeria’s Debt Servicing Hits $2.2bn in Five Months – CBN Reports
Data from the Central Bank of Nigeria (CBN) has revealed that Nigeria’s debt servicing reached approximately $2.2 billion in the first five months ...
News
Nigeria: Bank Recapitalization to Boost Capital Market, Says ASHON Chair
Sam Onukwue, Chairman of the Association of Securities Dealing Houses of Nigeria (ASHON), has stated that the newly proposed capital requirements for banks ...
News
Tanzania: Access Bank Completes Acquisition of BancABC Tanzania
Access Bank Plc has announced the successful acquisition of African Banking Corporation (Tanzania) Limited, commonly known as BancABC Tanzania, aligning with its strategic ...
News
Nigeria: Wema Bank Enhances Security with Facial Recognition Technology After ₦685 Million Fraud Loss
Wema Bank, a leading Nigerian financial institution, has partnered with Daon, a global digital identity trust company, to implement advanced facial recognition technology ...
Africa
Africa: American Express and Ecobank Group Expand Card Acceptance Across 21 Sub-Saharan African Countries
American Express and the Ecobank Group, a leading pan-African financial services entity, have announced a significant partnership to expand American Express Card acceptance ...
News
Nigeria: Experts Call for Government Support to Sustain Telecom Sector
In light of recent financial losses reported by telecommunications companies listed on the Nigerian Exchange Limited (NGX), economic experts and stakeholders are raising ...