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New Zealand’s central bank says its systems have been hacked
New Zealand’s central bank says that one of its data systems has been breached by an unidentified hacker who potentially accessed commercially and ...
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Sharia fintech firm Alami bags $20m in round led by AC Ventures, Golden Gate
Alami Technologies, a sharia fintech platform based in Indonesia, announced that it has raised over US$20 million in equity and debt funding in ...
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Currency in circulation reached N2.9tn in 2020 – CBN
Currency in circulation rose by N249bn from N2.66tn as of the end of November to N2.91tn in December 2020. The data was obtained ...
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First Bank launches virtual payment card
First Bank of Nigeria Limited says it has launched a virtual payment card, a naira-denominated debit card and digital representation of the plastic ...
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Excess liquidity – CBN hits banks with N600bn CRR debit
The Central bank of Nigeria (CBN) on Friday hit the banking system with N600 billion Cash Reserve Ratio (CRR) debit in a bid to ...
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Kenyan data analytics company Gro Intelligence raises $85m Series B funding round
The Kenya-founded data analytics company Gro Intelligence has raised a US$85 million Series B funding round, by some way the largest funding round ...
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Global Economy to grow by 4% in 2021 – World Bank
The global economy is most likely to expand by 4% in 2021, with the immediate policy priorities focused on controlling the spread of ...
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Vietnamese HDBank To Issue Letters of Credit on the Blockchain
The Vietnamese financial institution will reportedly initiate the provision of letters of credit (L/C) on the blockchain, aiming at better and safer transactions ...
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Tokunbo Adetona to lead Nairabox as Jay Chikezie steps down
Nairabox, a lifestyle concierge platform, recently announced changes to its leadership structure. Ugochukwu ‘Jay’ Chikezie, the startup’s Co-founder and CEO will step down from ...
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Venafi hits $1.5bn valuation after latest funding round
Cybersecurity company Venafi has reached a $1.15bn valuation after securing an investment from private equity firm Thoma Bravo. This investment is expected to ...