News
Nigeria: Stakeholders Praise NAICOM’s Efforts in Managing Ailing Insurance Companies
Several stakeholders in the insurance sector have commended the National Insurance Commission (NAICOM) for its proactive management of struggling firms within the industry. ...
News
Nigeria: FCMB Pension MD Christopher Bajowa Elected as New PenOp President
Christopher Bajowa, the Managing Director and Chief Executive Officer of FCMB Pension Limited, has been elected as the new President of the Pension ...
Global
Global: Liu Jin Resigns as Bank of China’s President for Undisclosed ‘Personal Reasons’
Liu Jin, vice-chairman and president of the Bank of China, has unexpectedly resigned from his positions, citing “personal reasons.” The announcement, effective August ...
Global
Global: TechCreate Partners with IDEMIA to Revolutionize Digital Payments in Cambodia
TechCreate Solutions has announced a groundbreaking partnership with IDEMIA Secure Transactions (IST) to deliver cutting-edge digital payment solutions to some of Cambodia’s leading ...
Africa
Africa: AfDB’s AfriCircular Innovators Programme Selects 30 African SMEs to Propel Circular Economy Growth
The African Development Bank (AfDB)-backed AfriCircular Innovators Programme has chosen 30 Small and Medium Enterprises (SMEs) from Cote d’Ivoire, Ghana, and Rwanda to ...
Africa
Africa: Binance Introduces Mobile Money Trading for Crypto in Ghana, Uganda, and Zambia
Binance has announced the integration of mobile money deposits and withdrawals for cryptocurrency trading in Ghana, Uganda, and Zambia. This initiative is part ...
Global
Global: CBA and BNY Enable Near Real-Time Cross-Border Payments
Commonwealth Bank of Australia (CBA) and BNY Mellon have introduced a new service that allows commercial payments from overseas to reach businesses and ...
News
Nigeria: Anticipated US Rate Cut Sparks Interest in Nigerian Bonds
Analysts have noted that growing anticipation of a potential interest rate cut by the United States Federal Reserve in September is fueling interest ...
Global
Global: MUFG Invests $333 Million in Indian Digital Lender DMI Finance
Just over a year after leading a $400 million financing round for DMI Finance, Japanese financial giant MUFG has announced an additional investment ...
News
Nigeria: Naira Declines Amid FX Outflows and Falling External Reserves
The naira experienced a significant depreciation in the foreign exchange (FX) market due to heightened demand for the US dollar to support economic ...