News
Nigeria: CBN Injects $30m to Support Naira in Forex Market
In a continued effort to stabilize the naira, the Central Bank of Nigeria (CBN) has sold $30 million in foreign exchange to authorized ...
Global
Global: BIS Steps Back from Project mBridge Amid BRICS Sanctions Concerns
The Bank for International Settlements (BIS) announced it has “graduated out” of Project mBridge, the cross-border central bank digital currency (CBDC) initiative it ...
News
Nigeria: MTN Nigeria’s MoMo PSB Boosts Financial Inclusion with New Cross-Border Remittance and Gift Card Services
MTN Nigeria’s fintech subsidiary, MoMo Payment Service Bank (MoMo PSB), has launched cross-border remittance services, enabling customers in Nigeria to send money easily ...
News
Nigeria: Money Market Rates Decline Amid Stabilized Liquidity Conditions
With liquidity stabilizing in Nigeria’s financial system, money market rates saw further declines as banks’ borrowing from the Central Bank of Nigeria’s (CBN) ...
News
Nigeria: Foreign Investors Rally Behind Nigeria Eurobonds Amid Global Rate Cuts
Nigeria’s Eurobonds are witnessing renewed interest from foreign investors as global central banks, particularly in emerging markets, begin to cut interest rates. With ...
Global
Global: Google Unveils $5.8 Million Investment to Drive AI Skills Development Across Sub-Saharan Africa
In a major move to advance artificial intelligence (AI) skills and empower communities, Google has announced a $5.8 million investment dedicated to AI ...
News
Nigeria: CBN Ready to Deploy All Tools to Tackle Inflation — Cardoso
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, stated that the bank is prepared to use “all tools at our disposal” to ...
News
Nigerian Banks Hold Unknown Legacy Exposure Levels – Moody’s
According to Moody’s Ratings, Nigerian deposit money banks are holding undisclosed levels of legacy exposures following regulatory forbearance provided by the Central Bank ...
Eswatini
ESWATINI: CBE WINS TWO PRESTIGIOUS INTERNATIONAL CURRENCY AWARDS
The Central Bank of Eswatini was last night announced as the winner in the best recirculation or innovative initiative for its coin management ...
Global
GLEIF Welcomes E-Arbitrator as Bloomberg’s First Validation Agent in the Global LEI System
The Global Legal Entity Identifier Foundation (GLEIF) today announces that E-Arbitrator (Website) has been approved as the latest Validation Agent within the Global ...
