Africa
Africa: Nigeria, Ghana, Others Fintech Sales to Surge to $30.3bn By 2025 – Mckinsey
Africa’s financial-technology company revenue may soar to $30.3 billion by 2025, eight times higher than in 2020, as a growing, young and under-banked ...
News
Nigeria: Banks’ Total Asset Grew By 22.07 Percent to N65trn in June – CBN
The Deputy Governor, Financial System Stability Directorate of the Central Bank of Nigeria (CBN), Mrs. Aisha Ahmad and the Deputy Governor, Economic Policy ...
Global
Global: EIB President Hoyer Backs Africa’s Climate Adaptation Projects
The European Investment Bank (EIB) President Werner Hoyer has extended support to Africa’s adaptation projects.  The bank said in a statement at Africa ...
Global
Global: Samsung to Enhance Security Systems after Reports of Stolen Data
Global leader in consumer electronics, Samsung has confirmed that its security systems were being attacked resulting to the stealing of data. The breach ...
News
Nigeria: CBN Should Prioritize Making Forex Available to Manufacturers
The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria to prioritize the allocation of forex to the nation’s manufacturing sector. ...
News
Nigeria: Central Bank MPC members express concern over Nigeria’s rising inflation rate
Last month, the CBN monetary policy committee unanimously voted to increase the benchmark interest rate from 13 percent to 14 percent, to address ...
News
SA: African Bank launches new loyalty programme for customers
African Bank says it has launched a new loyalty programme, Audacious Rewards, with the aim to improve the financial well-being of its customers. ...
Global
Global: Russia’s VTB launches transfers in Chinese yuan bypassing SWIFT
VTB said it had become the first Russian bank to launch money transfers to China in yuan without using the international messaging system ...
News
Nigeria: Tribunal orders MultiChoice to produce audited financial report
MultiChoice had disregarded a restraining order of the tribunal, going ahead to hike the tariffs of its products and services. The Competition and ...
News
Nigeria: Customers pay N92.2bn for N4.61tn PoS transactions
BANK customers may have spent N92.2bn to use Point of Sale terminals in the first seven months of 2022. According to data from ...
