News
Nigeria: Government extends electronic transfer levy to domiciliary accounts
In the face of outcry over rising transaction costs of financial services, deposit money banks (DMBs) have extended electronic money transfer levy (EMTL) ...
Global
Global: EY, IBM Partner to Offer ESG Data and Sustainability Strategy Solutions
Global professional services firm EY and tech giant IBM announced the launch of an expanded collaboration, aimed at providing ESG solutions to help ...
Global
Global: Fed Chair Jerome Powell Says US will have Real-Time Payments “Very Soon”
Speaking on March 8, 2023, Fed Chair Jerome Powell says the US will have real-time payments “very soon.” Moreover, Powell spoke on the ...
Global
Global: Mastercard’s CBDC project explores use of eAUD on public blockchains
The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) outlined their retail and wholesale central bank digital currency (CBDC) pilot ...
News
Nigeria: CBN Issues Operational Guidelines On Open Banking
The Central Bank of Nigeria Wednesday (March 8, 2023) issued operational guidelines for open banking in Nigeria. The operational guidelines outline the procedures ...
News
Nigeria: Telecom Operators Begin to Implement Harmonised Short Codes
The Association of Licensed Telecoms Operators of Nigeria (ALTON), has announced the commencement of harmonised short codes across all networks. The Chairman of ...
News
Nigeria: FirstBank Names Seyi Oyefeso Executive Director
FirstBank of Nigeria Limited has appointed Mr Oluseyi Oyefeso as Executive Director, Retail Banking in charge of the South. In a statement, the ...
Egypt
Egypt Becomes First North African Shareholder in AFC
Egypt has joined Africa Finance Corporation, the continent’s leading infrastructure solutions provider, as the first North African sovereign shareholder, further diversifying AFC’s expanding ...
News
Nigeria: VPD Money Hits 2,548% in Transaction Volume, Processes Over $200m
VPD Money, Pan-Africa’s fastest growing fintech, has worked with partners in the industry to process a cumulated volume of over $200 million worth of transaction with ...
News
Nigeria: National Policy on Artificial Intelligence Ready for Transmission to FEC – Inuwa
Owing to the immense potentials of Artificial Intelligence in revolutionising technology and innovation, the Nigerian Government through National Information Technology Development Agency (NITDA), ...
