Global
Global: Swiss National Bank Touts Wholesale CBDC as Breakthrough for Financial Markets
The Swiss National Bank (SNB) is making significant strides in the realm of central bank digital currency (CBDC), with its pilot project, Project ...
Global
Global: India Proposes Offline Capable CBDC to Enhance Accessibility
India’s central bank is exploring the development of a digital currency that can function without requiring internet connectivity. Reserve Bank of India (RBI) ...
News
Nigeria: CBN Governor and WAIFEM Director Advocate for Prudent Resource Management
Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), emphasized the importance of prudent resource management amidst Nigeria’s current economic ...
News
Nigeria: Central Bank Reports Currency in Circulation Reaches N3.87tn
The Central Bank of Nigeria (CBN) has disclosed that the value of Nigeria’s currency in circulation surged to N3.87tn by the end of ...
Ghana
Ghana: Societe Generale Bank to Cease Operations in Ghana after 20 Years – Reports
According to several media reports, French bank Societe Generale is set to exit the Ghanaian market after approximately 20 years of operation. The ...
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 ...
