The Central Bank of Kenya (CBK) has reduced its benchmark lending rate by 50 basis points, lowering it to 10.75%. In an emailed ...

Ugandan authorities have detained nine Ministry of Finance officials following a sophisticated cyberattack on the Bank of Uganda that resulted in an estimated ...

A Federal High Court in Abuja is set to hear a compensation lawsuit on March 20, 2025, filed by Binance executive Tigran Gambaryan ...

Nigerian deposit money banks (DMBs) have borrowed a record N1.2 trillion from the Central Bank of Nigeria’s (CBN) Standing Lending Facility (SLF) in ...

China has officially filed a complaint with the World Trade Organization (WTO) following the recent imposition of tariffs by the United States on ...

The President of the Association of Bureaux De Change Operators of Nigeria (ABCON), Aminu Gwadabe, has urged the Central Bank of Nigeria (CBN) ...

Australia’s banking sector is calling on Parliament to expedite legislation that modernizes the country’s payment regulations, ensuring they remain relevant as digital transactions ...

The Central Bank of Nigeria (CBN) has introduced new regulatory measures for Bureau de Change (BDC) operators, limiting their weekly foreign exchange (FX) ...

Nine Nigerian banks have taken significant steps toward settling their outstanding debts to telecommunication operators for Unstructured Supplementary Service Data (USSD) services, thereby ...

XTransfer, China’s leading B2B cross-border trade payment platform, has partnered strategically with Ecobank Group, a premier pan-African financial services provider, to enhance cross-border ...