Global
Global: Financial Institutions in PNG, Australia, and Kazakhstan Embrace Biometrics
Papua New Guinea’s (PNG) digital identification system, Digizen, is set to introduce a biometrics-based know your customer (KYC) tool for Women’s Micro Bank ...
News
Nigeria: CBN Governor Commends Recent Forex Stability
Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), expressed commendation for the recent stability achieved in the foreign exchange market. ...
News
Nigeria: NCC Reports Record Data Consumption in January 2024
The Nigerian Communications Commission (NCC) has disclosed that data consumption in January 2024 surged to an all-time high of 721,522 terabytes, surpassing the ...
News
Nigeria: CBN Raises Benchmark Interest Rate to 24.75%
In a move to address economic concerns, the Central Bank of Nigeria (CBN) has announced an increase in its benchmark interest rate, the ...
News
Global: Leatherback Teams Up with YES BANK to Streamline INR Remittance Payouts in India
Leatherback, a leading cross-border payment platform facilitating seamless transactions for Africans, has entered into a strategic partnership with YES BANK, a prominent Indian ...
Africa
Africa: Access Holdings Teams Up with Safaricom and M-Pesa to Streamline Remittances Across East and West Africa
Access Holdings, a prominent financial institution in Africa, has forged a strategic alliance with Coronation Group, Safaricom, and M-Pesa Africa to optimize remittance ...
News
Nigerian Insurance Industry Sees Significant Growth with Gross Premiums Reaching N1.003 Trillion in Q4 2023 – NAICOM
The Nigerian insurance industry witnessed robust growth in the fourth quarter of 2023, with Gross Premium Written (GPW) reaching N1.003 trillion, marking a ...
News
Nigerian Fintechs Embrace Generative AI for Enhanced Content Creation
A recent report by Generative AI sheds light on the evolving landscape of fintech marketing in Nigeria, revealing that approximately 29% of surveyed ...
News
Nigeria: Federal Government Advocates Joint Effort to Safeguard Telecommunications Infrastructure Amid Regional Outages
The Federal Government has called for collaborative action among West African nations to safeguard shared telecommunications infrastructure following a recent internet outage that ...
News
Nigeria: Market Anticipates Banks’ Results Amidst MPC Meeting
Against the backdrop of the delayed approval of banks’ audited results for the full financial year 2023 by the Central Bank of Nigeria ...