News
Nigeria: Naira Gains Ground Amid CBN Intervention and Renewed Foreign Portfolio Inflows
The Nigerian naira appreciated marginally at the official foreign exchange window last week, trading at ₦1,547/$, up from ₦1,549/$, bolstered by targeted interventions ...
News
Nigeria: ATM Usage Declines as POS Transactions Soar to N223 Trillion in 2024
The adoption of Point-of-Sale (POS) platforms for financial transactions surged dramatically in 2024, with the total transaction value hitting N223.27 trillion, according to ...
Global
Global: RCBC Unveils API Marketplace to Boost Fintech Integration and Inclusive Finance
Rizal Commercial Banking Corporation (RCBC) has launched a pioneering Application Programming Interface (API) marketplace in partnership with Hungry Workhorse Consultancy Inc., aiming to ...
Africa
Africa: Mastercard and enza Join Forces to Accelerate Fintech Innovation Across Africa
Mastercard has announced a strategic partnership with enza, a regional payments technology company, to drive fintech innovation and expand digital payment access across ...
Global
Global: Every Money-Moving Institution Will Need a Stablecoin Strategy -Visa
Global payments leader Visa has underscored the growing strategic importance of stablecoins, stating that any institution involved in moving money will require a ...
News
Nigeria: BNY Mellon and Standard Bank Launch Naira-Denominated Depositary Notes for Global Investors
Bank of New York Mellon (BNY Mellon), in collaboration with Standard Bank Group, has introduced Global Depositary Notes (GDNs) backed by Nigerian sovereign ...
Africa
Africa: Visa Partners with Yellow Card to Expand Digital Dollar Adoption Across Africa
Visa, the global payments technology giant, has entered into a strategic partnership with Yellow Card Financial, Africa’s first licensed stablecoin payments platform, to ...
News
Nigerian Stock Market Recovers as Leading Banks Clarify Compliance with CBN Forbearance Directive
The Nigerian equities market rebounded strongly on renewed investor confidence following public reassurances from key banking institutions regarding their compliance with the Central ...
Global
SmartSearch partners with Daon to deliver an enhanced identity verification experience
SmartSearch, the UK’s leading provider of digital compliance and anti-money laundering (AML) solutions, today announces its partnership with Daon, the Digital Identity Trust company, ...
News
Nigeria: Oyedele Advocates Lower Corporate Taxes to Spur Investment and Inclusive Growth
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has reiterated the urgent need for lower corporate tax rates ...