Global
Swiss Fintech Firm Leonteq Expands Cryptocurrency Services to Germany and Austria
The Zurich-based company – Leonteq AG – revealed it would expand its cryptocurrency services to Germany and Austria. The Switzerland-based financial institution – ...
Egypt
EGYPT: BANK ABC ACQUIRES 99.5% OF BLOM BANK EGYPT
The Arab Banking Corporation (Bank ABC) has completed its acquisition of 99.5% of BLOM Bank Egypt, to expand its presence in the Middle ...
News
Nigeria: Investigate before investing in any funds – Securities and Exchange Commission
The Securities and Exchange Commission has advised Nigerians to do due diligence on investment funds through the capital market operators portal on its ...
News
Nigeria: Inflation rate may drop to single-digit by 2022 – CBN
The Central Bank of Nigeria (CBN) says the country’s inflation rate may drop to 13 percent this year and single-digit by 2022. Hassan Mahmud, director ...
Global
55% of the world’s top 100 banks reportedly have crypto and blockchain exposure
Over half of the 100 largest banks by assets under management are reportedly investors in major crypto and blockchain technology-based companies and projects. ...
Global
Crypto and blockchain investments have already doubled 2020’s: KPMG report
Crypto and blockchain investments continue to grow thanks to ever-rising investor interest, according to a new report from Big Four accounting firm KPMG. Titled “Pulse of ...
Global
China Signals More Regulation for Businesses in Coming Years
China released a five-year blueprint calling for greater regulation of vast parts of the economy, providing a sweeping framework for the broader crackdown ...
News
Nigeria: Bankers’ Committee to Move FX Sales Online
Mr Segun Agbaje, Group Managing Director of Guarantee Trust Bank, has said foreign exchange for Personal Travel Allowance (PTA) among others, would now ...
Africa
Google Cloud appoints Niral Patel as Regional Director, Sub-Saharan Africa
Google Cloud has announced the appointment of Niral Patel as Regional Director for Sub-Saharan Africa. Patel joins Google Cloud from Oracle, where he ...
News
CBN’s Targets Double-digit Economic Growth, Single-digit Inflation before 2024 – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has stated that the nation’s apex bank has set a target ...