News
Nigeria: CBN denies phasing out New Naira Notes
Old and new notes will circulate side-by-side for transactions ahead of the Dec. 31 deadline. Nigeria’s Central Bank has denied plans to phase ...
Africa
Africa: AfDB, Japan Sign $350m Loan to Support Africa’s Private Sector
The African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA)have signed a JPY 44,100,000,000 (350 million dollars) loan to finance the ...
Africa
Africa: How Africa’s largest native crypto exchange thrived post-FTX
The collapse of FTX with filing for bankruptcy on 11 November 2022 sent a ripple effect across the world including Africa. But VALR, ...
Africa
Africa: IMF Executive Board Approves a U.S.$191.4 Million Extended Credit Facility Arrangement With the Central African Republic
 The Executive Board of the International Monetary Fund (IMF) approved a 38-month Extended Credit Facility (ECF) arrangement of SDR 141.68 million (about US$191.4 ...
Global
Global: OpenAI’s ChatGPT reenters Italy after obliging transparency demands
Popular interactive artificial intelligence (AI) chatbot, ChatGPT, has had its ban on providing services in Italy lifted after addressing the privacy concerns raised by the ...
Global
Global: Mastercard launches Web3 user verification solution to curb bad actors
Mastercard’s new solution revolves around providing “secure transactions between users, verified according to standards” set by the company. Global financial services giant Mastercard ...
News
Nigeria: FIRS extends VAT filing deadline for April 2023
Following the introduction of a new process of claiming INPUT Tax which took effect from 1st April 2023, and the consequent concerns raised ...
Ghana
Ghana: Smile Identity Acquires Ghanaian ID Verification Company Appruve For Undisclosed Amount
Smile Identity, a KYC compliance and ID verification partner for African fintechs and businesses, has acquired Inclusive Innovations, the parent company of Appruve, a Ghanaian ...
Ghana
Ghana: GRA sets May 1, 2023 as implementation date for 3 key tax measures
The Ghana Revenue Authority has set May 1, 2023 as implementation date for the new and revised taxes announced in the 2023 Budget. ...
News
Nigeria: UBA Shareholders Approve 110 Kobo Dividend Per Share
Pan African financial services group, United Bank for Africa (UBA) Plc, shareholders have approved its board of directors’ proposal to pay a dividend ...
