News
Nigeria: CBN Directs Customs to Use FX Closing Rate for Import Duty Assessment
The Central Bank of Nigeria (CBN) has issued a directive instructing the Nigeria Customs Service to apply the foreign exchange (FX) closing rate ...
News
South Africa: XS.com Expands African Presence with Acquisition of South African License
XS.com, a leading FinTech and financial services provider, has announced its strategic foray into the burgeoning African market with the acquisition of a ...
Global
Global: GLEIF Welcomes Commonwealth Bank of Australia as Validation Agent
The Global Legal Entity Identifier Foundation (GLEIF) today announces that the Commonwealth Bank of Australia (CBA) has become the latest financial institution to be ...
Kenya
Kenya Moves Forward with Crypto Trading Regulations Amid Grey List Concerns
Kenya is taking steps to introduce regulatory frameworks for overseeing cryptocurrency trading within its borders, amidst concerns about its status on the grey ...
Global
Global: BVNK Expands Operations and Customer Support with Electronic Money License
BVNK, a B2B payments platform, announced the activation of its electronic money institution (EMI) license in Europe, marking a significant milestone for the ...
Global
Global: Databricks Expands Data-Centric Approach to Empower Fortune 500 Companies with AI
Nakai emphasized the crucial role of data in financial services, stating that leveraging data effectively is paramount for businesses, particularly in the Fortune ...
Global
Global: What To Expect from The Bitcoin Halving in April 2024
Cryptovsummit, an event organized by DoubleMorgan and led by its founder Mena Botros, has become a cornerstone in the crypto industry, particularly in ...
Africa
Bridging the Data Trust Gap: 2024 RegTech Confab Set to Unlock Africa’s Economic Potential
In an era defined by digital transformation, data has become the cornerstone of innovation and progress, particularly within Africa’s burgeoning financial landscape. With ...
Global
Nigerian Banks’ Earnings Outlook Remains Positive Amid Macroeconomic Challenges
Despite facing significant macroeconomic challenges, Nigerian banks are poised for positive earnings growth, according to a premium report obtained by MarketForces Africa from ...
News
Nigeria: Hafsat Bakari Appointed CEO of Nigerian Financial Intelligence Unit by President Tinubu
President Bola Tinubu has named Hafsat Bakari as the Chief Executive Officer (CEO) of the Nigerian Financial Intelligence Unit (NFIU). Ajuri Ngelale, the ...