News
Nigerians Risk Losing USSD Access Over N160 Billion Debt – NCC
The Nigerian Communications Commission (NCC) has announced that telecommunication firms may disconnect nine banks’ Unstructured Supplementary Service Data (USSD) services due to an ...
News
Global: Block Faces $255M Penalty for Compliance Failures in Cash App Operations
Block Inc. has been hit with a combined $255 million penalty by U.S. state regulators and the Consumer Financial Protection Bureau (CFPB) over ...
News
Nigeria: World Bank Pledges $500 Million for Nigeria’s Ambitious Fibre Optic Network Expansion
The World Bank has committed $500 million to support Nigeria’s ambitious plan to expand its fibre optic network by 90,000 kilometers. This development, ...
Fintech
Zimbabwe: Mukuru Unveils Digital Wallet in Zimbabwe After Securing DTMFI License
Mukuru, a global remittance platform facilitating money transfers from South Africa and the United Kingdom to Africa, Europe, and Asia, has officially launched ...
News
Nigeria: MTN Nigeria Earns Compliance Management System Certification
MTN Nigeria has achieved a significant milestone by becoming the first Nigerian organization, the first company in the telecommunications sector, and the first ...
Innovation
Global: NYDFS and Bank of England Launch Exchange Program to Strengthen Crypto Regulation Expertise.
The New York Department of Financial Services (NYDFS) has announced the launch of a pioneering exchange program in collaboration with the Bank of ...
Africa
Africa: Mastercard Strengthens West African Presence with New Office in Ghana
Mastercard has unveiled its first office in Accra, Ghana, marking a pivotal milestone in its expansion strategy across West Africa. This move demonstrates ...
News
Global: Shift4 Payments Reaches $750,000 Settlement with SEC Over Disclosure Violations
Shift4 Payments, a payment processing firm founded by Jared Isaacman, has reached a $750,000 settlement with the U.S. Securities and Exchange Commission (SEC) ...
News
Naira Dips Despite Twice FX Interventions by CBN to Stabilize Exchange Rates
The naira experienced a sharp decline on Monday, depreciating by approximately N6 against the US dollar in the official market. The currency weakened ...
Africa
Africa: Cross-border Payments at a Crossroads: Innovations and Challenges Shaping Global Trade
In the past seven years, businesses across industries have experienced extraordinary transformations, driven by technological advancements and evolving economic and political landscapes. Nowhere ...