News
Nigeria: IFRS Applauds Nigeria’s Progress in Sustainability Reporting
The International Financial Reporting Standards (IFRS) Foundation has commended Nigeria for its significant strides in sustainability reporting, highlighting the country’s efforts to align ...
News
Nigeria: Lagos State Enhances Revenue Collection with AI-Powered Tax System Training
The Lagos State Government has advanced its efforts to meet its 2025 revenue goals by equipping 450 revenue officers with expertise in the ...
News
Nigeria: How Inflation, Forex Reforms, and Recapitalization Shaped Nigeria’s Banking Sector in 2024
The Nigerian banking sector in 2024 was marked by significant policy changes driven by surging inflation, foreign exchange (forex) reforms, and a recapitalization ...
News
Global: Italian Regulator Fines OpenAI €15.6 Million for Alleged GDPR Breaches
OpenAI has announced its intention to appeal a €15.6 million ($15.6 million) fine imposed by Italy’s data protection authority, the Garante, over alleged ...
Africa
African Nations Unite to Establish Continental Credit Rating Agency
Several African nations, including Nigeria, have announced plans to create a continental credit rating agency to address perceived biases in ratings from major ...
Africa
Africa: ECOWAS Accelerates Plans for ECO Single Currency Launch by 2027
The Economic Community of West African States (ECOWAS) has intensified efforts to finalize the practical arrangements necessary for the introduction of its long-anticipated ...
News
SA: Tyme Achieves Unicorn Status with $1.5B Valuation Following Nubank’s $250M Investment
Nubank, the world’s most valuable digital bank, has spearheaded a $250 million funding round for Tyme Group, a South African digital banking platform. ...
Global
Global: How Big Tech’s XR Revolution Could Transform Payments and AI
The connected economy may soon shift from being in the palms of users’ hands to right before their eyes. In a bold move ...
News
Nigeria: Naira Declines Sharply as CBN Intervenes in FX Market
The Nigerian naira continued its slide against the U.S. dollar last week, despite three separate intervention sales by the Central Bank of Nigeria ...
Angola
Angola: Fitch Affirms Angola’s ‘B-’ Credit Rating with Stable Outlook
Fitch Ratings has reaffirmed Angola’s long-term foreign-currency Issuer Default Rating (IDR) at ‘B-’ with a stable outlook, reflecting the country’s economic challenges and ...