News
Nigeria: CBN says 700,000 eNaira Transactions Worth N8bn Recorded in One Year
Over 2.5 million daily visits to the eNaira website The Central Bank of Nigeria (CBN) reported that some achievements have been accomplished since ...
Egypt
Egypt: EFG Hermes, first Egyptian Financial Institution to Achieve ISO 31000:2018
EFG Hermes Holding, an impact-driven universal bank in Egypt and the leading investment bank franchise in Frontier Emerging Markets (FEM), announced that its ...
Global
Global: BIS, UN, Hong Kong Monetary Authority conclude tokenized green bonds trial
Project Genesis 2.0 continued the joint effort of exploring blockchain opportunities for green investments. The Bank for International Settlements (BIS), the Hong Kong ...
News
Nigeria: Nigerian Exchange approves Abbey Mortgage Bank’s 3 years free float compliance extension
Abbey Mortgage Bank Plc said the Nigerian Exchange Limited (NGX) has approved its request for a free float compliance extension till October 4th, 2025. The company ...
News
Nigeria: Naira has declined by 33.7% since the CBN banned sale of dollars to BDCs
The exchange rate between the naira and dollar at the black market has depreciated by about 33.7% and counting since the Central Bank ...
Global
Global: Paragraph Raises $1.7M Pre-Seed Funding
Paragraph, a Santa Clara, CA-based web3-native publishing platform, raised $1.7M in Pre-Seed funding. The round was led by Lemniscap, with participation from Binance ...
News
Nigeria: CBN Approves Dollar Sales By Payment Service Banks
The Central of Nigeria (CBN) has released supervisory framework for Payment Service Banks. The framework among other things empowered the PSB operators to ...
News
NIBSS: Mobile transfers by bank customers hit N12.8 trillion in 9 months
The Nigeria Inter-Bank Settlement System (NIBSS) has revealed that bank customers in Nigeria transferred a total of N12.8 trillion over mobile devices between January and ...
News
Safaricom Shares to go down, as IFC Invests $260 million
The International Finance Corporation, which is part of the World Bank Group, edges closer to buy to buy USD 160 million of equity ...
Kenya
Kenya: Standard Chartered-Backed Solv Launches Its B2B Marketplace in Kenya
B2B marketplace Solv has launched in Kenya to enable micro, small and medium enterprises (MSMEs) to access credit, e-commerce and business services. Solv ...
