News
Nigeria: PenCom to increase retirees’ monthly pension from February 2023
The National Pension Commission(PenCom) says it has approved the increase of monthly pensions for retirees on “programmed withdrawal” under the contributory pension scheme ...
Global
Global: RBI Emerges As The Largest Gold Buyer Among The Central Banks Across The Globe
With 132.34 metric tonnes (MT) of gold purchase, RBI emerged as the largest buyer of the yellow metal among central banks between April ...
Ghana
Ghana: Policy rate to hit 29% in 2023; cost of loans to further escalate – Fitch Solutions
Fitch Solutions is projecting a further monetary tightening by the Bank of Ghana [BOG] in 2023. According to the UK based research and ...
Ghana
Ghana makes concerted efforts to check money laundering – BOG
The Bank of Ghana says Ghana has made concerted efforts to check money laundering and terrorism financing crimes. This is coming after it ...
News
Nigeria: NAICOM Hikes Third Party Vehicle Insurance to N15,000
Nigeria’s insurance watchdog, the National Insurance Commission (NAICOM) has raised Third Party insurance cover for motorists from N5,000 to N15,000 yearly with effect ...
Global
Global: IMF, Philippines Central Bank Partner On CBDC Project
Bangko Sentral ng Pilipinas (BSP), otherwise known as the Philippines’ central bank is collaborating with the International Monetary Fund (IMF) for the design ...
Global
Global: Japan central bank tweaks monetary policy, yen strengthens
Japan’s central bank tweaked its longstanding monetary easing programme on Tuesday (December 20, 2022), in a surprise move that saw the yen strengthen ...
Global
Global: MoneyGram Launches MoneyGram Online (“MGO”) Website in Brazil
MoneyGram International, Inc. (NASDAQ: MGI) (“MoneyGram” or the “Company”), a global leader in the evolution of digital P2P payments, today announced the launch ...
Global
Global: FTC Wants Mastercard to Share Data with Other Payment Networks
The Federal Trade Commission (FTC) wants Mastercard to share card data with competing payment networks. Under a proposed order announced Friday (December 23, 2022), Mastercard will have to ...
Benin Republic
Benin: MTN Benin and Ericsson deploy AI and ML for Managed Services
MTN Benin and Ericsson have partnered on the deployment of an Artificial Intelligence (AI) and Machine Learning (ML) solution in Africa to address ...
