Africa
Africa’s External Debt Projected to Reach $1.13 Trillion in 2023, Says Adesina
Dr. Akinwumi A. Adesina, President of the African Development Bank Group, revealed that Africa’s total external debt, which stood at $1.1 trillion in ...
News
Nigeria: CBN and Bill & Melinda Gates Foundation Forge Collaboration for Financial Inclusion
The Central Bank of Nigeria (CBN) and the Bill & Melinda Gates Foundation (BMGF) have finalized plans for a collaborative effort to enhance ...
News
Nigeria: CBN Encourages Tertiary Institutions to Embrace e-Naira for Fees and Salaries
The Central Bank of Nigeria (CBN) has urged students and management of tertiary institutions in the country to embrace the use of e-Naira ...
Africa
Africa: Global Leaders Commend AfDB’s Contribution to New Financing Pact
Global leaders participating in the Paris Summit for a new global financing pact have expressed appreciation for the African Development Bank (AfDB) in ...
News
Nigeria: CBN Mandates Collection of Social Media Handles for KYC Compliance
The Central Bank of Nigeria (CBN) has introduced new Customer Due Diligence Regulations for financial institutions under its supervision, as part of its ...
News
Nigeria: Zenith Bank Joins the Trillion Naira Club with Market Valuation Exceeding N1 Trillion
Zenith Bank has become the latest company to achieve a market capitalization surpassing one trillion naira, joining the prestigious group of stocks worth ...
Ghana
Ghana: Access Bank Ghana Secures $30 Million Credit Facility from EBID to Support SME Financing
Access Bank Ghana PLC has successfully obtained a $30 million credit facility from the ECOWAS Bank for Investment and Development (EBID). The funds ...
News
Rwanda: Flutterwave Expands Presence in Kigali, Making it a Settlement Hub in East Africa
In its quest to establish Kigali as a prominent technology center for African companies, Flutterwave, along with other leading fintechs in Africa, is ...
Global
Global: Bitcoin Price Surges as JPMorgan and Others Launch Crypto Projects
Bitcoin reached its highest level since June 2022 on Friday (June 23, 2023). The cryptocurrency’s value went as high as $31,410 before edging lower later ...
News
Nigeria: Equities Investors Lose N86bn as NGX Ends in Red
With weekend profit taking, the trading activities on the floor of the Nigerian Exchange (NGX) ended on a negative note, losing about N86 ...
