News
Nigeria: NDIC Disburses N1.7 Billion to 42,000 Depositors of Failed Nigerian Banks
The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan, has announced the disbursement of N1.7 ...
Global
Global: R3 Joins Emirates NBD Digital Asset Lab for Fintech and Digital Asset Innovation
Distributed ledger technology firm R3 has become a council member of the Digital Asset Lab, a pioneering initiative established by Emirates NBD to ...
Global
Global: FRC says volume of Tier 2 and 3 audit firms requiring improvement is ‘unacceptable’
The Financial Reporting Council (FRC) has recently unveiled its inspection findings for Tier 2 and Tier 3 audit firms, revealing significant shortcomings in ...
Ethopia
Ethiopia: World Bank Commits $350M to Propel Ethiopia’s Ambitious National ID System
In a groundbreaking development, the National ID Office of Ethiopia has secured a substantial funding package of $350 million from the World Bank ...
Ghana
Ghana: Bank of Ghana’s SupTech Advances Supervisory Capabilities
The Bank of Ghana (BoG) has emerged as a trailblazer in Supervisory Technology (SupTech), offering valuable insights into the benefits and challenges associated ...
News
Nigeria: CBN Assures Adequate Cash Supply Amidst Scarcity Concerns
The Central Bank of Nigeria (CBN) has reassured the public that there is a sufficient amount of cash in circulation, addressing concerns over ...
News
Nigeria: Advancing Financial Inclusion: Nigeria Reaches 74%, Cardoso Advocates Innovation
Dr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria, urged economic stakeholders to embrace innovation in closing the financial inclusion gap ...
Africa
Africa’s most active startup investor, Techstars, Announces 12 new investments through its Africa- focused program in partnership with ARM Labs.
Techstars, the most active startup investor in Africa, has announced its second cohort of 12 companies to participate in its pan-African accelerator program ...
Global
Global: FIS Study Reveals UK Consumers Exhibit Divergent Views on the Adoption of Generative AI in Banking
Financial technology leader FIS has delved into consumer sentiments regarding generative artificial intelligence (GenAI) through its recent research. The study explored the public’s ...
Global
Global: JCB Initiates Phase 2 Trials for Offline CBDC Peer-to-Peer Payments
Japanese card issuer JCB is advancing to Phase 2 of its pilot program aimed at testing offline peer-to-peer (P2P) payments for a central ...