News
Nigeria: CBN Lifts Cash Deposit Restriction On Domiciliary Accounts, Allows $10,000 Daily Withdrawals
The Central Bank of Nigeria has announced the removal of cash deposit limitations on domiciliary accounts, granting account holders the liberty to withdraw ...
News
Nigerian Naira Declines, FX Rate Expected to Reach N785 in One Month
The Nigerian naira experienced a decline of N7.65 at the Investors’ and Exporters’ foreign exchange (FX) window during the past week, despite two ...
Mozambique
Mozambique: IMF Approves Second Review Under Extended Credit Facility Arrangement for Mozambique
The International Monetary Fund (IMF) has completed the Second Review under the three-year Extended Credit Facility (ECF) arrangement for Mozambique. This milestone enables ...
Ghana
Ghana: Consolidated Bank Ghana Joins United Nations Global Compact for Sustainable Business Practices
Consolidated Bank Ghana Ltd. (CBG) has demonstrated its commitment to responsible business practices by becoming a member of the United Nations Global Compact ...
Global
Global: RTGS.global Partners with Banks in Georgia and Tajikistan for Cross-Border Service Pilot
RTGS.global has entered into pilot agreements with MDO Humo in Tajikistan and Credo Bank in Georgia to conduct pilots of its settlement service ...
News
Nigeria: MPC Member Raises Concerns Over Unsustainability of Tax Credit Schemes
Mike Obadan, a member of Nigeria’s Monetary Policy Committee (MPC), has expressed his view that the country’s tax credit schemes are unsustainable. In ...
Global
Global: Ripple Labs Pioneering Real Estate Industry Transformation with Tokenization
Ripple Labs, a leading digital payments and blockchain technology company, has unveiled an ambitious initiative to revolutionize the real estate industry through tokenization. ...
Africa
Africa: Afreximbank and Fiducia Collaborate to Transform Supply Chain Finance in Africa
The African Export-Import Bank (Afreximbank) and supply chain financing firm Fiducia have entered into a strategic partnership through a Memorandum of Understanding (MoU) ...
Global
Global: Elon Musk Accuses Mark Zuckerberg of Unfair Practices: Twitter vs. Threads
In a recent social media post, Elon Musk, the executive chairman of Twitter, accused Meta, the parent company of Facebook, of “cheating” in ...
News
Nigeria: Customers Receive N115 Billion and $22.7 Million Refunds for Failed Transactions, says CBN
The Central Bank of Nigeria (CBN) has reported that bank customers filed a total of 35,453 complaints regarding failed transactions over the past ...
