News
Nigeria: Naira Trades at N446, Seasonal FX Demand Stokes Pressure
Amidst pressures in the foreign currency market, the Nigerian local currency, the naira, reclaimed value against the United States (US) dollar at Investors’ ...
Global
Global: FTX founder Sam Bankman-Fried arrested, set to be extradited to US
Royal Bahamas police have arrested SBF at the request of the U.S. government, based on a sealed indictment. Sam Bankman-Fried has been arrested ...
Africa
Africa: U.S. to Explore Next Phases of Trade Relationship with Africa
U.S. Trade Representative Katherine Tai said on Monday that her agency is preparing to sign a memorandum of understanding with African Continental Free ...
Africa
Africa: OADC extends Africa’s open digital infrastructure with data centres in Nigeria and South Africa
Africa’s digital transformation is being accelerated by transformational, pan-African, carrier-neutral data centre operator Open Access Data Centres (OADC), whose flagship data centre in ...
Global
Global: Saudi Arabia announces online payment guidelines early 2023 for global competition
Saudi Arabia is set to further open up its domestic banking and financial sector for global competition, with the country’s central bank expected ...
News
Nigeria: CBN Estimates $1bn Exports Proceed for Q4
Amidst scarcity of foreign currency inflows into the Nigerian economy, the Central Bank has estimated that export proceeds repatriation from for rebate will ...
News
Nigeria: Active bank accounts in Nigeria is 133.5 million according to NIBSS
The number of active bank accounts in Nigeria increased to 133.5 million in 2021, according to the data released by the Nigeria Inter-Bank ...
Global
Global: Bank of England opens applications for ‘proof of concept’ CBDC wallet
The Bank of England (BOE) is seeking a “proof of concept” for a wallet that will be able to hold a Central Bank ...
Ghana
Ghana: 8 banks engaged in government business may be hard hit by debt exchange program – Report
Reports have noted that some eight banks may be hardest hit by the country’s debt exchange programme. The banks whose names have been ...
Global
Global: Visa Everywhere Initiative 2022 Announces Nigeria’s Thrive Agric as Global Winner
Thrive Agric, a fintech providing smallholder farmers access to finance, insights and distribution was crowned 2022 winner of the Visa Everywhere Initiative (VEI)–a global open ...
