News
Nigeria: Financial Experts Urge Innovation to Counter Cyber Threats Amid $12bn Losses
Amid rising cyber threats leading to significant financial losses, experts in the financial sector are advocating for innovative solutions to bolster confidence in ...
Kenya
Kenya’s Tax Burden to Rise by Ksh.1 Trillion by 2027
The Kenya Kwanza administration’s ambition to increase the tax to Gross Domestic Product (GDP) ratio will result in a significant increase in the ...
Global
Global: Existing POS Systems Can Support Digital Pound, Says Bank of England
The Bank of England (BoE) has announced that existing point-of-sale (POS) terminals in the UK could be utilized to process digital pound payments, ...
Ghana
Ghana: Bank of Ghana Completes Two Phases of Cross-Border Trading Using Digital Credentials
The Bank of Ghana (BoG) has successfully completed two phases of its Project DESFT, aimed at enhancing cross-border trade using digital credentials. Phase ...
News
Nigerian Government and World Bank Discuss Ambitious 90,000km Fiber-Optic Cable Project
In a significant move to enhance Nigeria’s digital infrastructure, the Federal Government has commenced discussions with the World Bank to support the deployment ...
News
Nigeria: GTCO Aims to Raise N500bn Capital by July
Guaranty Trust Holding Company Plc (GTCO) has announced plans to raise approximately N500bn starting in July. This information was disclosed in a preliminary ...
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 ...
