The Central Bank of Nigeria’s (CBN) approach to managing exchange rates has drawn criticism from the World Bank once again and caused disagreement ...

The Central Bank of Nigeria (CBN) said 94 per cent of all cash transactions falls below the N500,000 new weekly cash withdrawal limit ...

The African Development Bank Group is supporting the trade finance efforts of Bank One Limited. The Group will provide a $40 million trade finance package that ...

Every local government in Nigeria has a Point of Sale (POS) agent present, according to Godwin Emefiele, Governor of the Central Bank of ...

The World Bank’s Board of Directors approved $200 million in International Development Association (*IDA) financing to advance Rwanda’s policy and institutional reform program ...

The Bank of Ghana (BoG) has increased mobile money transaction and wallet limits. The Bank in a statement issued on December 22, 2022, ...

Paymes, the largest social commerce network in Turkey, has been purchased by PayTabs, a Middle Eastern, African, and South Asian payment service company. ...

UAE-based Fintech Galaxy, the first Central Bank-regulated Open Finance platform in the Middle East, announced the acquisition of Underlie, an Egypt-based Open Banking platform ...

Facebook owner Meta Platforms has agreed to pay US$725-million (R12.4-billion) to resolve a class-action lawsuit accusing the social media giant of allowing third ...

Dr Jabir Bakari, director general for the Tanzania Communications Regulatory Authority (TCRA) said in Dar es Salaam that unverified active SIM cards still ...