News
Nigeria: CBN defends naira with $3.36bn in two months
The Central Bank of Nigeria injected $3.36bn into the foreign exchange market in two months as part of efforts to ensure the stability ...
Global
Global: RBI to adopt graded approach to introduce digital currency
The RBI said that it has been exploring the pros and cons of the introduction of CBDC in India and the appropriate design ...
Global
Global: MAS Launches 2022 Global FinTech Hackcelerator on Web 3.0 and Green Finance
The Monetary Authority of Singapore (MAS) announced today the launch of the 7th edition of the Global FinTech Hackcelerator, with the theme “Accelerating ...
Ghana
Ghana: Central Banks advised to replace banknotes with digital currencies – Governor
Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has noted that industry watchers have suggested to Central Banks to consider the replacement of banknotes ...
Global
Global: JPMorgan Begins Processing Collateral Settlements Using Blockchain
JPMorgan has begun experimenting with traditional financial asset trading utilizing blockchain technology for collateral settlements. The first-ever transaction utilizing blockchain happened on May 20. The ...
News
Nigeria: CBN sets criteria for Credit Risk Management System enrolment
The Central Bank of Nigeria (CBN) has set criteria to be met by Other Financial Institutions (OFIs) to qualify for enrollment onto the ...
Global
Global: Twitter fined $150m in US for selling users’ data
Twitter in the US must pay a $150m (£119m) fine after law enforcement officials accused it of illegally using users’ data to help ...
Global
India to roll out CBDC using a graded approach: RBI Annual Report
Further cementing India’s decision to introduce an in-house central bank digital currency (CBDC) in 2022-23, the Reserve Bank of India (RBI) proposed a three-step graded ...
News
Nigeria: Customs gives companies 14-day ultimatum to register for payment of excise duty
The Nigerian Customs Service says that companies have a 14-day grace period with effect from May 27 to register for payment of excise ...
News
Ugandan fintech, Ethiopian bank partner to build digital solutions
What you need to know: The partnership, will create a comprehensive information management system that assigns each student a unique payment code and ...
