Nigeria
Nigeria’s IMF Loan Repayment Sends Strong Signal to Global Markets
Nigeria’s full exit from the International Monetary Fund (IMF) debt list following the repayment of its $3.35 billion emergency loan has been hailed ...
Regulatory
Global: Texas Secures $1.38 Billion Data Privacy Settlement with Google
The state of Texas has reached a landmark $1.375 billion settlement in principle with Google over alleged violations of state consumer protection and ...
Innovation
Nigeria Joins Asian Infrastructure Investment Bank to Accelerate Economic and Infrastructure Reforms
The Federal Executive Council (FEC) has approved Nigeria’s full membership in the Asian Infrastructure Investment Bank (AIIB) as a non-regional member, signaling a ...
Nigeria
NDDC Alerts Public to Fraudulent Scholarship Scams Exploiting Nigerians
The Niger Delta Development Commission (NDDC) has issued a stern warning to Nigerians about the rising threat of fraudulent scholarship schemes targeting unsuspecting ...
Nigeria
Meta Threatens to Suspend Facebook and Instagram in Nigeria Amid $300M Regulatory Dispute
Meta Platforms Inc., the parent company of Facebook and Instagram, has issued a stark warning that it may be forced to cease operations ...
Africa
AfDB Unveils $2.95 Billion Strategic Investment Plan to Support Nigeria’s Economic Transformation
The African Development Bank (AfDB) has unveiled a bold new five-year Country Strategy Paper (CSP) for Nigeria, committing $2.95 billion to advance the ...
News
CBN Licenses Preferred Finance Company to Advance MSME Access to Credit
In a move aimed at deepening Nigeria’s financial inclusion and expanding access to credit for underserved enterprises, the Central Bank of Nigeria (CBN) ...
Kenya
Kenyan Banks Push Back Against CBK’s Proposed Credit Pricing Model
Kenyan commercial banks have voiced strong opposition to the Central Bank of Kenya’s (CBK) proposed loan pricing framework, which seeks to anchor lending ...
Fintech
JP Morgan’s Kinexys Gains Momentum Across MENA with Blockchain-Powered Payment Solutions
Global banking giant JP Morgan is accelerating the adoption of its blockchain-powered payment platform, Kinexys, in the Middle East and North Africa (MENA), ...
Fintech
FCA Proposes Ban on Credit-Based Crypto Purchases Amid Rising Consumer Debt Concerns
The UK’s Financial Conduct Authority (FCA) is considering a landmark proposal to prohibit the use of credit cards and credit lines for purchasing ...