Fintech
Global: RBI Unveils Six Strategic Measures to Strengthen Banking, Fintech, and Payments Ecosystems in India
In a major push to reinforce regulatory oversight, expand funding mechanisms, and stimulate innovation in India’s financial system, the Reserve Bank of India ...
News
Nigeria Achieves $6.83bn Balance of Payments Surplus in 2024 – CBN
The Central Bank of Nigeria (CBN) has reported a significant Balance of Payments (BOP) surplus of $6.83 billion for the 2024 fiscal year, ...
News
Nigeria: CBN Raises Interest Rates on Treasury Bills Amid Strong Investor Demand, Falls Short on Allotment
The Central Bank of Nigeria (CBN), in collaboration with the Debt Management Office (DMO), has increased interest rates on Nigerian Treasury Bills (NTBs) ...
News
Nigeria: PenCom Launches Automated Pension Remittance System to Enhance Compliance
The National Pension Commission (PenCom) has introduced a digital pension remittance platform designed to automate the process of pension contribution remittances and address ...
News
Telkom South Africa Expands into the MVNO Market
Telkom South Africa is making a strategic move into the Mobile Virtual Network Operator (MVNO) space by partnering with a leading Mobile Virtual ...
News
IHS Towers Expands Market Leadership with Renewed Airtel, MTN Contracts
IHS Towers has reinforced its position as a leading telecom infrastructure provider in Africa, securing long-term contract renewals with MTN and Airtel Nigeria. ...
News
Nigeria Secures $14bn Investment from India and €250m from the Netherlands
During a recent ministerial press briefing in Abuja, Foreign Affairs Minister Yusuf Tuggar announced that Nigeria has attracted a significant $14 billion investment ...
News
Nigeria: CBN’s Sustained FX Interventions Ease Naira Pressure
The Nigerian naira saw a slight depreciation against the US dollar across the foreign exchange (FX) market as the Central Bank of Nigeria ...
Fintech
Global: ABK-Egypt and Visa Partner to Advance Digital Payment Solutions
Al Ahli Bank of Kuwait-Egypt (ABK-Egypt) has entered into a long-term strategic partnership with Visa to enhance digital payment solutions and offer customers ...
Kenya
Kenya: Safaricom’s M-PESA Slips Again as Airtel Money Gains Ground
Safaricom’s M-PESA continues to face mounting competition in Kenya’s mobile money sector, recording its fifth consecutive quarterly decline in market share as rival ...