Global
Global IT Outage Due to Faulty CrowdStrike Update Disrupts Banks, Airlines, and Businesses
A recent update from cybersecurity firm CrowdStrike has caused a major global IT outage, affecting numerous businesses and organizations, including airlines, banks, retailers, ...
News
Nigeria: CBN Aims for $1 Trillion Recapitalisation by 2030
The Central Bank of Nigeria (CBN) has announced a strategic plan for recapitalisation in the banking sector, targeting at least $1 trillion by ...
News
Nigeria: NIGCOMSAT Partners with BON to Enhance Broadcast Services with Satellite Uplink
NIGCOMSAT Limited, Nigeria’s leading satellite communication infrastructure provider, has entered a strategic partnership with the Broadcasting Organisation of Nigeria (BON) to offer uplink ...
Global
Global: MAS Allocates $100 Million to Advance Quantum and AI Projects in Financial Sector
The Monetary Authority of Singapore (MAS) has announced a commitment of $100 million in grant funding to advance the development of artificial intelligence ...
News
Nigeria: PalmPay Maintains Zero-Fee Transfers to Boost Financial Inclusion
Financial technology firm PalmPay has announced the continuation of its zero-fee transfer policy, reinforcing its commitment to driving financial inclusion across Nigeria. Introduced ...
News
Nigeria: Average FX Turnover Soars by 180% in One Year – CBN
The Central Bank of Nigeria (CBN) has reported a significant increase in the average foreign exchange (FX) turnover, which grew by 180.47 percent ...
News
Nigeria: Wema Bank Launches AlatPay to Digitize SME Operations and Lead Cardless Payment Revolution
Wema Bank, a leading Nigerian financial institution, has unveiled AlatPay, an instant digital payment solution designed to help small and medium-sized enterprises (SMEs) ...
News
South Africa’s Cryptocurrency Adoption Surges, Transforming Financial Landscape
Cryptocurrency adoption is surging in South Africa, significantly transforming the country’s financial landscape and positioning it as a leader in the global digital ...
News
Global: Vertiv Introduces Next-Generation UPS to Meet Global AI Power Demands
Vertiv has unveiled the Vertivâ„¢ Trinergyâ„¢ UPS, now available as part of the new Vertivâ„¢ PowerNexus solution, which is closely coupled with Vertivâ„¢ ...
Kenya
Kenya: Former CBK Governor Patrick Njoroge Advocates for World-Class Standards in Fintech
Patrick Njoroge, the former governor of the Central Bank of Kenya (CBK), has underscored the importance for fintech operators to adopt world-class standards ...
