News
Nigeria’s External Reserves Decline by $343 Million in Nine Days, CBN Reports
Nigeria’s foreign exchange reserves have decreased by $342.97 million, dropping to $36.53 billion over a span of nine days, according to data released ...
Africa
Africa: Mastercard and Scale Partner to Accelerate Fintech Expansion in Africa and the Middle East
Mastercard has partnered with Scale, an issuer orchestration specialist, to streamline and accelerate market entry for fintech companies across Africa and the Middle ...
Global
Global: Arbitrum DAO Enhances ARB Utility with Staking and Governance Upgrades
The Arbitrum DAO has significantly strengthened its governance framework and increased the utility of its ARB token by introducing staking and security enhancements. ...
Global
Global: Israel Implements New Biometric Technology at West Bank Border
Israel has quietly begun deploying new biometric technology at the border for Palestinians traveling between the country and the West Bank, according to ...
News
South African Competition Commission Approves Octotel Acquisition
In March 2024, global investment firm Actis revealed plans to sell Octotel, its South African fibre network operator, to a consortium, contingent on ...
Global
Global: Mastercard Debuts Enhancements to Open Banking Program
Mastercard is upgrading its open banking for lending program, powered by employment/income verifier Argyle. The new features, announced Tuesday (August 13, 2024), lets ...
News
Nigeria: Ecobank to Host First-Ever Fintech Challenge Semifinal in Lagos, Nigeria
Ecobank, the pan-African banking leader, has announced that the inaugural semifinal event of its Fintech Challenge will take place in Lagos, Nigeria. The ...
Global
Global: European Stocks Climb Ahead of U.S. Inflation Data Release
European stocks saw modest gains on Wednesday, with the dollar hovering near a one-week low, as markets responded to data indicating softer inflation. ...
News
Nigeria: CBN resumes publication of key economic reports
The Central Bank of Nigeria (CBN) said it is back with the publication of several key economic reports to make relevant information available ...
Africa
Africa: PalmPay canvasses collaboration to drive financial literacy
PalmPay, an Africa-focused fintech platform, has called for collaboration and innovation among banks and fintechs to drive financial inclusion in the country. According ...