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 ...
News
Nigeria: NDIC Disburses N1.08bn to Depositors of Failed Banks
Mr. Bello Hassan, the Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), has revealed that the organization has disbursed approximately N1.08 billion ...
Global
Global: Central Bank Digital Currencies (CBDCs); Balancing Promise and Privacy
Central bank digital currencies (CBDCs) are at the forefront of financial discussions, heralded for their potential to enhance stability, security, efficiency, and combat ...
Global
Global: Web3 Innovations Catalyze Financial Inclusion and Dollarization in the Global South
In today’s interconnected world, the movement of money across borders can either empower nations or restrain them. For far too long, the global ...
Africa
Africa: AfCFTA Foresees Over $70 Billion Gains from Internal Trade in Africa
The Africa Continental Free Trade Area (AfCFTA) has projected that intracontinental trading will yield more than $70 billion, surpassing the value of development ...
Global
Global: Amazon’s Project Kuiper Takes Flight with Satellite Internet Prototypes
Amazon has made significant strides in its quest to build a global satellite internet network with the launch of the first prototypes for ...
News
Nigeria: VFD Group Plc Successfully Lists on the NGX Main Board
VFD Group Plc, a versatile proprietary investment company, has achieved a significant milestone by listing its shares on the Main Board of the ...
News
Nigeria: World Bank Cautions Central Banks Against Unconventional Monetary Measures
The World Bank has issued a warning to the Central Banks of Nigeria, Ethiopia, and Uganda, advising them to refrain from adopting unconventional ...
Ghana
Ghana: National Communications Authority in Ghana Cautions Against Unauthorized SIM Leasing
The National Communications Authority (NCA) in Ghana has issued a warning regarding the unauthorized leasing or renting of Subscriber Identity Modules (SIMs) by ...