News
Nigeria: Fitch Revises Nigeria’s Credit Outlook to Positive Amid Reform Progress
Fitch, a leading global credit ratings agency, has upgraded Nigeria’s long-term credit default rating from stable to positive, citing reforms in various sectors ...
Kenya
Kenya: Payless Africa Unveils Youth-Centric Payment Platform for Kenyan Market
Payless Africa, a leading fintech company specializing in digital financial solutions, has officially introduced its youth-centric payment platform in Kenya. Through its mobile ...
News
Nigeria and India to Establish Local Currency Trade Settlement System
Nigeria and India are on the brink of finalizing a local currency trade settlement system to streamline international trade between the two countries. ...
News
Nigeria: FGN Bonds Yield Dips to 18.92% Ahead of May Auction
The benchmark yield on Federal Government of Nigeria (FGN) bonds experienced a slight decline due to increased buying momentum in the secondary market. ...
News
Nigeria: Standard Chartered Bank Appoints Dalu Ajene as New CEO
Standard Chartered Bank, a leading international cross-border bank facilitating connections across dynamic markets worldwide, has named Dalu Ajene as its new Chief Executive ...
Global
Global: Thailand Accelerates Digital Transformation with Wallet Scheme Launch
Thailand is embarking on a transformative journey towards a digital economy with the initiation of its digital wallet program, marking a significant milestone ...
Global
Global: First Quarter Witnesses Nearly 500 Fintech Deals
In the first quarter of 2024, the fintech landscape experienced a flurry of activity, with almost 500 financing and M&A deals recorded, as ...
News
Nigeria: EFCC Granted Authority to Freeze 1,146 Individuals, Companies’ Accounts in FX Probe
In a decisive move to combat irregularities in foreign exchange (FX) transactions, the Economic and Financial Crimes Commission (EFCC) has achieved a significant ...
News
Nigerian Government Unveils $10 Billion Diaspora Investment Fund
The Nigerian government has revealed its intention to establish a $10 billion diaspora fund aimed at attracting investment from citizens residing abroad. Doris ...
News
Nigeria: Dollar Strengthens Further Against Naira, Reaches N1,350/$
Once again, the Nigerian naira experienced a decline, reaching N1,350 per dollar in the parallel segment of the foreign exchange (FX) market on ...