News
Nigeria: JP Morgan Delegation Explores Investment Prospects with Minister Edun
A high-level delegation from JP Morgan, led by Dapo Olagunju, Head of JP Morgan West Africa, met with Nigeria’s Minister of Finance and ...
Fintech
Africa: Flutterwave Processes $31 Billion in Transactions in 2024
The year 2024 marked a milestone for African fintech leader Flutterwave, with its year-end report revealing an impressive $31 billion in processed transactions. ...
News
Nigeria: CBN to Finalize Settlements of $7 Billion FX Backlog, Reinforces Transparency with New FX Code
The Central Bank of Nigeria (CBN) is set to begin final settlements of the remaining $7 billion foreign exchange (FX) backlog, according to ...
News
Nigeria: NCC, Telcos Hold Firm on USSD Debt Deadline for Banks
The Nigerian Communications Commission (NCC) and telecommunications companies have reiterated that there will be no extension to the deadline for banks to settle ...
News
Nigeria: Interbank Rates Decline Amid Surplus Liquidity in Nigeria’s Banking System
Interbank funding rates have continued their downward trend, driven by a substantial liquidity surplus within Nigeria’s financial system. The money market opened the ...
News
Nigeria: SEC Warns Public Against Transactions with Risevest and Stecs
The Securities and Exchange Commission (SEC) has issued a warning to the public against engaging in investment transactions with Risevest (Victoria Island) Cooperative ...
News
Global: The Bank of London Faces Scrutiny Over Late Filing of 2023 Accounts
The Bank of London, a UK clearing bank, has failed to meet its deadline to file its 2023 accounts with Companies House, originally ...
News
Nigeria’s Central Bank Establishes Compliance Department to Enhance Financial Sector Transparency
In a decisive move to bolster transparency and accountability in Nigeria’s financial sector, the Central Bank of Nigeria (CBN) has announced the establishment ...
News
Global: SEC’s Crypto Enforcement Actions Decline by 30% in Gensler’s Final Year
Crypto enforcement actions by the U.S. Securities and Exchange Commission (SEC) dropped significantly during the last year of Gary Gensler’s tenure as Chair, ...
Fintech
Global: PayPal to Pay $2 Million Fine Over Cybersecurity Failures Exposing Customers’ Social Security Numbers
PayPal has agreed to pay a $2 million fine to settle charges from the New York State Department of Financial Services (NYDFS) over ...
