News
Nigeria: NAICOM & FintechNGR Inaugurates Insurance Policy Project as FintechNGR & Galaxy Backbone Set up Nigerian Domestic Cloud Initiatives
In a bid to deepen its impacts on the policy landscape and make innovation more entrenched in Nigeria, FintechNGR has partnered with the ...
Africa
Rwanda: Bank of Kigali Halts Operation in Kenya Due to Restructuring Plan
The Bank of Kigali (BoK), has halted operations in Kenya, due to a restructuring plan to focus more on digital banking. In a ...
News
Zimbabwe’s Apex Bank Announces Date For Resumption of Online Payments
The Reserve Bank of Zimbabwe has announced a new date for the resumption of online payments in the country, following adjustments to the ...
News
Nigeria: Banking Analysts Predict Potential Surge in Dividend Payouts Amid Recapitalization
As Nigerian banks brace for the task of meeting the Central Bank of Nigeria’s (CBN) new capital requirements, analysts foresee a possible surge ...
News
Global: ECB Initiates DLT Trials for Wholesale Central Bank Money Settlement
The European Central Bank (ECB) is spearheading a collaborative effort to explore the potential of distributed ledger technology (DLT) in settling wholesale transactions ...
News
Nigerian Exchange Group CEO Takes Helm as CSCS Chairman
Mr. Temi Popoola, the Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX), has been elected as the Chairman of Central Securities ...
Global
Global: BOJ Governor Signals Potential Reduction in Monetary Stimulus
Bank of Japan Governor Kazuo Ueda has indicated the possibility of reducing monetary stimulus measures if inflation continues to rise, suggesting a potential ...
News
Nigeria: World Bank Forecasts Continued High Inflation for Nigeria in 2024
The World Bank has projected that Nigeria’s inflation rate will remain elevated at 24.8 percent year-on-year in 2024, according to its latest report ...
News
Nigeria: NAICOM Highlights AI’s Potential to Boost Insurance Sector Profitability
Mr. Sunday Thomas, the Commissioner for Insurance/CEO of the National Insurance Commission (NAICOM), emphasized the pivotal role of artificial intelligence (AI) in shaping ...
News
Nigeria: NITDA and GIZ/DTC Collaborate to Advance Digital Literacy, Engage Stakeholders in Lagos
In a concerted effort to bridge the digital divide and equip Nigerians with crucial digital competencies, the National Information Technology Development Agency (NITDA), ...