News
Nigeria: Interbank Rates Decline as FAAC Inflows Boost System Liquidity
Interbank rates in Nigeria’s money market have dropped following liquidity injections from the Federal Account Allocation Committee (FAAC), which eased pressures on the ...
News
Ethiopia Excludes Diaspora and Foreign Investors from Historic Ethio Telecom IPO
Ethiopia’s decision to exclude foreign and diaspora investors from participating in the highly anticipated Ethio Telecom IPO could hinder the development of its ...
News
Nigerian Government Partners with Ericsson to Accelerate 5G Connectivity
As Africa’s most populous nation, Nigeria represents over 15% of the continent’s population, making its collaboration with Ericsson pivotal in advancing digital transformation ...
Global
Global: Mastercard Launches New Solution to Streamline Commercial Cross-Border Payments for Banks
Mastercard has unveiled a new solution designed to enhance commercial cross-border payments by offering near real-time, transparent, and predictable transactions for banks and ...
News
Nigeria: Money Market Rates Decline as Financial System Liquidity Improves
Money market rates dipped on Monday as liquidity levels in Nigeria’s financial system improved ahead of bond auction debits. Despite the absence of ...
Africa
Africa: Binance Integrates Mobile Money Payments to Expand Crypto Access Across Africa
Binance, a leading global blockchain and cryptocurrency infrastructure provider, has announced the integration of mobile money payments into its platform to enhance access ...
News
Nigeria: FBN Holdings Appoints Wale Oyedeji as Group Managing Director
FBN Holdings Plc, one of Nigeria’s foremost financial institutions, has named Adebowale Wale Oyedeji as its new Group Managing Director (GMD), effective from ...
News
Nigerian Businesses Face 2,560 Weekly Cyberattacks, Reports CSCS
The Federal Government has emphasized the need for robust cybersecurity infrastructure to support Nigeria’s growing digital economy, following a disclosure by the Central ...
News
Nigeria: Intelsat Launches CellBackhaul in Nigeria to Strengthen Africa’s Connectivity Infrastructure
Intelsat has unveiled its CellBackhaul solution in Nigeria as part of a larger initiative to enhance connectivity across Africa. This new solution will ...
News
Nigeria’s High Interest Rates Likely to Persist, Says World Bank
The World Bank has projected that Nigeria, alongside Angola and Sierra Leone, will continue to experience high interest rates for an extended period ...
