News
Nigeria: Paystack Innovates Offline Payments with Virtual Terminal
Paystack is making waves in offline payments with its latest product, the Virtual Terminal, offering an unconventional approach. Traditionally, point-of-sale (PoS) terminals have ...
News
Nigerian Students Win ₦50 Million in Wema Bank’s Hackaholics 4.0 Competition
The journey to an extraordinary finale concluded last week when ten finalists from universities across Nigeria competed for the grand award prize at ...
Kenya
Kenya: Safaricom Dismisses 33 Employees Over Corruption and Fraud Allegations
Safaricom, Kenya’s leading telecommunications company, has announced the termination of employment for 33 staff members due to allegations of corruption and fraud during ...
News
Nigeria: Federal Government Spends N912.32bn on CBN Loan Interest in Q1 2023
In the first quarter of 2023, the Federal Government of Nigeria paid a total interest of N912.32 billion on loans obtained from the ...
News
Nigeria: CBN Affirms eNaira’s Role in Enhancing Financial Stability
The Central Bank of Nigeria (CBN) has reassured Nigerians that its digital currency, eNaira, does not pose a threat to the nation’s financial ...
Global
Global: Consumer Advocacy Group Calls for Enhanced Privacy Measures in Digital Euro Usage
Consumer advocacy organization Finance Watch has urged the implementation of stronger privacy protections for online transactions involving a digital euro, citing growing concerns ...
Global
Global: Central Bank Test Lab Unveils Prototype Bitcoin Tracking System
A global central bank test lab has introduced a prototype bitcoin monitoring system designed to provide authorities with better insights into the usage ...
News
Nigeria: NDIC Chief Warns Nigerians Against Illegal Fund Managers at Abuja Trade Fair
Mr. Bello Hassan, the Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), issued a stern caution to the public against engaging ...
News
Nigeria’s Foreign Debt Servicing Costs Soar to $1.81 Billion in Seven Months
Data released by the Central Bank of Nigeria (CBN) reveals that the federal government allocated a substantial $1.81 billion to service its foreign ...
News
Nigeria: Wema Bank’s Hackaholics 4.0: 10 Finalists Announced, Sharing Over N50m in Cash Prizes
On Monday, ten finalists were unveiled during Wema Bank’s Hackaholics 4.0 grand finale pre-pitch competition, where they collectively secured over N50 million in ...