Africa
Africa: Standard Chartered Backs Blockchain Payment Firm Partior
Financial services company Standard Chartered (SC) will invest in Partior, a blockchain-based clearing/settlement platform from Singapore. “Standard Chartered brings to the network its ...
News
Nigeria: We are Concerned that Fintechs will Outperform Traditional Banks, says CBN
The Central Bank of Nigeria (CBN) has warned that traditional banks will soon lose ground to fintechs in terms of performance. Deputy Governor ...
Global
Global: MAS targets cross-border connectivity in wholesale CBDCs
The Monetary Authority Of Singapore (MAS) is stepping up its work on cross-border foreign exchange settlement using wholesale central bank digital currency. Building ...
Ghana
Ghana: MTN Records 35.1 Percent Increase in Profit Before Tax in Quarter 3
Telecommunication firm, MTN Ghana, recorded 35.1 per cent increase in profit before tax to GH¢4.1 billion in the 3rd quarter of 2021. According ...
News
Nigeria: FIRS Boss Tasks African Govts. on Effective Tax Revenue Utilisation
Governments across Africa must begin to rethink governance, and engender public confidence and trust in government by providing value for taxpayers’ money in ...
News
Nigeria: Telcos earn N1.92tn from calls, data
MTN and Airtel made N1.92tn from calls and data between January and September, 2022. This is according to data from the financial results ...
Global
Global: CBDCs are no threat to crypto — Binance CEO
Binance CEO Changpeng “CZ” Zhao says there is room for CBDCs and crypto, and that he didn’t see it as a threat to ...
Ghana
Ghana: AfCFTA is a potential game changer to our economic development – Dr. Bawumia
Vice President, Dr Mahamudu Bawumia has reiterated the importance of the African Continental Free Trade Area on the continent’s economic development. According to him, ...
News
Nigeria: New naira notes to be printed locally, says CBN
THERE is no plan to print the proposed new naira notes outside Nigeria, a Central Bank of Nigeria (CBN) Board member has said. ...
News
Nigeria: Emefiele- Weak Infrastructure, Low Income, Others Hampering Digital Financial Integration
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday said the existence of low-level formal financial services, low income, ...
