News
Nigeria: Right of Way Crisis Stalls Telcos’ Fibre Rollout in Nigeria
Nigeria’s ambition to become a dominant digital economy faces a significant hurdle: the struggle of telecommunications companies to expand fibre optic infrastructure, essential ...
News
Nigeria: Sterling Bank Partners with NIBSS and AfriGO on Independence Reward Programme
Sterling Bank has partnered with AfriGO and the Nigeria Inter-Bank Settlement System (NIBSS) to launch the “Independence Reward Programme,” aimed at promoting digital ...
Kenya
Kenya Introduces Digital Nomad Visa for Individuals Earning Over $50,000 Annually
Kenya has launched a digital nomad visa aimed at remote workers earning an annual income of at least $50,000. This visa is designed ...
Africa
Africa: Chipper Cash Collaborates with MoneyGram and Stellar for Real-Time Cash In and Cash Out Services
Chipper Cash has launched real-time cash-in and cash-out services for its users through a new partnership with MoneyGram, powered by the Stellar blockchain ...
News
Nigeria: CBN Spends $543 Million to Stabilize Naira Amid Market Volatility
The Central Bank of Nigeria (CBN) disclosed that it sold $543.5 million to authorized dealer local deposit money banks (DMBs) between September 6 ...
News
Nigeria: Insurance Industry Urged to Embrace Artificial Intelligence for Enhanced Efficiency
The President of the Chartered Insurance Institute of Nigeria (CIIN), Yetunde Ilori, has called on stakeholders in the insurance sector to adopt artificial ...
Global
Global: Visa Unveils Platform to Enable Banks to Issue Fiat-Backed Tokens
Visa has launched the Visa Tokenised Asset Platform (VTAP), a platform designed to enable financial institutions to mint, burn, and transfer fiat-backed tokens, ...
Global
Global: Brazil Explores DeFi Elements in Drex CBDC Pilot to Enhance Decentralization, Privacy, and Programmability
Brazil’s central bank is pushing the boundaries of traditional finance by incorporating decentralized finance (DeFi) principles into the development of its synthetic central ...
News
Nigeria: NIMC Shifts NIN Data Modification to Online Portal, Ends Physical Centre Services
The National Identity Management Commission (NIMC) has announced the closure of all data modification services at its National Identification Number (NIN) enrollment centres ...
Africa
Africa: Orabank Partners with Network International to Drive Digital Payment Innovation in Francophone Africa
Orabank Group, the largest banking institution in Francophone Africa, has strengthened its strategic partnership with Network International, a leading provider of digital commerce ...