News
Nigeria: PenCom urges RSA account holders to embrace mortgage scheme while in service
The National Pension Commission (PenCom) has urged Nigerians to embrace PenCom acquisition of residential mortgages (residential houses) scheme for Retirement Savings Account (RSA) ...
Global
Global: Thai SEC wants to lift restrictions on initial coin offerings
Thailand’s Securities and Exchange Commission is preparing to soften retail investment restrictions related to initial coin offerings (ICO) to boost digital investments. The ...
Global
Global: UAE Central Bank cancels Russia’s MTS Bank license; closing down Abu Dhabi branch
The UAE Central Bank is cancelling the license to operate for Russia’s MTS Bank, which will now have to wind down operations within ...
Global
Global: World Bank announces Ajay Banga as sole nominee for President
The World Bank Group’s Board of Executive Directors announced that Ajay Banga, a U.S. national, was the only nominee for the position of ...
Ghana
Ghana: BoG denies introduction of ¢500 coin, note
The Bank of Ghana (BoG) has debunked reports of issuing ¢500 coin, insisting it has no immediate plans of issuing higher denomination for ...
Global
Global: Italy blocks AI chatbot ChatGPT over data privacy failings
Italy said on Friday it was temporarily blocking ChatGPT over data privacy concerns, becoming the first western country to take such action against ...
Africa
Africa: Ripple Partner MFS Africa to Facilitate Outward Remittance to 130 Financial Institutions
Access Bank customers can receive payments globally via MFS Africa partners. MFS Africa, Africa’s digital payment network and Ripple’s partner, has inked a ...
Global
Global: Egypt, Germany plan to strengthen cooperation in digital transformation
The digital revolution underway on the African continent is a huge opportunity. However, in order to fully develop and be a source of ...
News
Nigeria: FirstBank Reacts to Court Case Against Bank, MD over Alleged Forgery
First Bank of Nigeria Limited, has reacted to the news making rounds over a purposed suit by the Federal Government of Nigeria against ...
News
Uganda: Bank of Uganda On Board With the Beera Steady Campaign
While the stability of the global financial system is threatened following the the closure of several banks like Credit Suisse, Silicon Valley Bank ...
