Ghana
Ghana: Ghana records $4.5 billion in remittances in 2021 – Report
Remittance inflows to sub-Saharan Africa soared 14.1 percent to $49 billion in 2021 Ghana recorded US$4.5 billion (5 percent increase) in remittances in ...
News
Afreximbank signs MoU with APPO to launch African Energy Transition Bank
In a bid to support energy transition strategies in Africa, the African Export-Import Bank (Afreximbank) and the African Petroleum Producers’ Organization (APPO) have ...
Egypt
Egypt: Egypt’s central bank raises interest rates 200bps during May
The Monetary Policy Committee (MPC) decided, Tuesday to raise the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the ...
Global
Global: New experiments pave way for international payments using CBDCs
SWIFT, in collaboration with Capgemini, is conducting new experiments to test how we can interlink domestic CBDCs and take the next step towards ...
Global
Global: BSP to launch digital currency experiment in fourth quarter
Bangko Sentral ng Pilipinas Governor Benjamin Diokno on Friday said the experiment on wholesale central bank digital currency (CBDC) would begin in the ...
News
Pressure for Nigeria’s CBN as South Africa’s Reserve Bank hikes interest rates
South Africa’s Reserve Bank has taken an aggressive hawkish stance to raise the interest rates by a quantum not seen since January 2016, ...
Global
Global: OpenSea disables Bored Ape NFT amid legal case in Singapore
OpenSea, the world’s largest Non-Fungible Token (NFT) marketplace, has disabled trading for a Bored Ape Yacht Club (BAYC) NFT on its platform amid ...
News
Nigeria: FCMB and Mastercard Foundation partner to uplift 100,000 MSMEs in Nigeria
First City Monument Bank (FCMB), a member of FCMB Group Plc, has partnered with the Mastercard Foundation to provide subsidized loans to 100,000 ...
News
Nigeria: Naira notes will be out of circulation soon, says CBN official
The Central Bank of Nigeria has said that paper currency will soon be out of circulation, urging market men and women to sign ...
News
Nigeria: FIRS releases communique after its 2nd Annual National Tax Dialogue
The Federal Inland Revenue Services, FIRS, has released the communique it issued at the end of its 2nd annual tax dialogue. The dialogue ...
