Posted inBanking Crypto Regulations
CBN Announces Crypto AML Supervisory Pilot Progamme, names KuCoin and Flutterwave
Central Bank of Nigeria (CBN) just launched its new supervision pilot programme for virtual asset.…
Posted inBanking Economy Regulations Stocks
CBN Treasury Bills Auction Oversubscribed by 227% as Investors Pour N2.78 Trillion Into One-Year Securities
Nigeria’s treasury bills auction attracts N2.78 trillion in bids as investors crowd into one-year securities…
Kenya and Rwanda Central Banks Sign MoU to Simplify Cross-Border Fintech Licensing
Kenya and Rwanda central banks sign agreement to simplify fintech licensing and expand cross-border payment…
Posted inBanking Cyber Security Regulations
CBN Mandates Automated AML Systems for Banks to Detect Suspicious Transactions in Real Time
Nigeria’s central bank introduces mandatory automated AML systems to strengthen detection of financial crimes across…
Posted inBanking Economy Exchange NAIRA RATE Nigeria
Naira Falls to N1,398 per Dollar as FX Liquidity Pressures Persist in Nigeria
Nigeria’s naira weakens to its lowest level since January as foreign exchange liquidity shortages continue…
Posted inAfrica Banking Nigeria Regulations
CBN Says 30 Nigerian Banks Meet New Capital Requirements as Recapitalisation Drive Gains Momentum
Nigeria’s central bank says 30 lenders have met new capital thresholds as banking sector recapitalisation…
AfDB Backs Francophone Africa Startups as ECB Warns on Stablecoin Risks
Africa’s development finance and Europe’s monetary authorities are shaping the future of venture capital and…
Posted inBanking Economy Events Regulations
CBN Cuts MPR to 26.50%: What the Rate Cut Means for Your Money
Nigeria’s monetary easing cycle resumes, reshaping returns across savings, bonds and equities.At its 304th meeting,…
Posted inAfrica Banking Economy South Africa Stocks
South Africa Cuts Weekly Bond Sales After Budget Lowers Borrowing Needs
Treasury trims issuance as revised borrowing projections ease supply pressures in bond markets.South Africa’s National…
World Bank Targets $6bn Concessional Financing Package for Mozambique
Mozambique is set to receive major concessional funding as debt risks and reform pressures intensify.The…
Posted inBanking Economy Regulations Zambia
Bank of Zambia Cuts Interest Rate to 13.5% as Inflation Slows
Zambia cuts interest rates again as inflation falls faster than expected and currency stability strengthens…
Nigeria’s Central Bank Unveils New Institutional Strategy for Fintech Growth
Nigeria is repositioning its fintech sector by shifting from startup-led growth to a stronger, institution-driven…
Posted inAfrica Banking Regulations South Africa
South Africa Central Bank Holds Interest Rate Steady Amid Inflation Concerns
South Africa’s central bank has chosen caution, keeping interest rates unchanged while closely monitoring inflation…
Ghana Cuts Interest Rate to Four-Year Low as Inflation Falls
Ghana’s central bank surprised markets with a deeper-than-expected rate cut, reinforcing confidence in slowing inflation…
Mozambique Cuts Interest Rates Again as Easing Cycle Nears End
Mozambique has lowered interest rates for the thirteenth straight time, but mounting risks suggest monetary…
Posted inBanking Economy Regulations South Africa
BRICS Gold-Backed Currency Risks and Global Market Impact Explained
BRICS nations are exploring a gold-backed currency, but experts warn deep structural and geopolitical risks…
Nigerian Banks Deposit N3.7 Trillion in CBN Standing Deposit Facility
Nigerian banks parked massive idle funds at the CBN, highlighting excess liquidity and cautious lending…
Posted inBanking Exchange NEWS Regulations
SEC Mandates Registration Renewal for Capital Market Operators in 2026
Nigeria’s capital market regulator has announced a mandatory registration renewal and new digital processes for…
World Bank Warns: Nigeria Among Top Three IDA Borrowers as Debt Pressures Intensify
A new World Bank report shows Nigeria’s external debt burden rising sharply, raising fresh concerns…
Posted inBanking Economy Regulations
Nigeria’s 27% Interest Rate Sparks Growth Fears as Businesses Warn of Mounting Credit Pressures
Nigeria’s decision to keep interest rates at historic highs is triggering fresh warnings about slowing…