Nigeria
Nigeria: CBN, SEC Approve GTCO’s N209bn Equity Capital Raise
Guaranty Trust Holding Company Plc (GTCO) has obtained approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) ...
Nigeria
Nigeria: Banks’ Credits to Private Sector Surge to N76 Trillion
Credit to the Private Sector (CPS) experienced a significant 27.3% year-on-year increase, reaching N75.96 trillion in November, as revealed by the Central Bank ...
Nigeria
Nigeria: CBN Facilitates Refunds of ₦7.05 Billion and $714,569 to Bank Customers in Eight Months
The Central Bank of Nigeria (CBN) has facilitated the refund of ₦7.05 billion and $714,569.03 to bank customers within eight months, resolving ...
Innovation
Global: AstroPay Revolutionizes Cross-Border Finance with Multicurrency Wallet
AstroPay, a global leader in financial technology, has unveiled its innovative multicurrency wallet, a game-changing tool designed to streamline the management of money ...
Regulatory
Global: FTC Issues Final Order Against AI-Enabled Review Platform Sitejabber
The Federal Trade Commission (FTC) has finalized its enforcement action against Sitejabber, an artificial intelligence (AI)-enabled consumer review platform, barring the company from ...
Nigeria
Nigeria:Equities Investors Gain N248bn as Insurance Stocks Drive Market Rally
The Nigerian Exchange (NGX) witnessed a significant boost in equities market capitalization on Friday, with an increase of approximately N248 billion. This growth ...
Nigeria
Nigeria: CBN Strengthens Nigerian Naira With $37 Million FX Market Intervention
The Central Bank of Nigeria (CBN) has injected an additional $37 million into the foreign exchange (FX) market, purchasing the equivalent amount in ...
Regulatory
Global: China’s Central Bank Plans Reserve and Interest Rate Cuts at Appropriate Time
China’s central bank, the People’s Bank of China (PBOC), announced plans to lower banks’ reserve requirement ratio (RRR) and interest rates “at the ...
Egypt
Egypt’s Central Bank Extends Digital Transfer Fee Exemption via IPN and InstaPay
In a move aligned with Egypt’s Vision 2030 to promote digital transformation, the Central Bank of Egypt (CBE) has announced an extension of ...
Regulatory
Global: Republican Lawmakers Demand Answers from Treasury on Cybersecurity Breach
Two Republican lawmakers are pressing the U.S. Treasury Department for a detailed briefing following a cybersecurity breach allegedly carried out by a China-backed ...
