African Development Bank In Partnership With Japan Launch $5 Billion Support For Africa’s Private Sectors
On Monday, the government of Japan and the African Development Bank announced a $5 billion…
Nigerians Own 75% Of Crypto In Africa: Research Shows.
Research report from Triple A’s latest crypto ownership data, the African continent now has an estimated…
Nigeria Inter-Bank Settlement System (NIBSS) Instant Payment (NIP) Is Now Live On eNaira platform. CBN Partners Fintech Groups For Adoption.
Nigeria Inter-bank Settlement System is now live on eNaira, you can now transfer funds from…
NIBSS Payment Solution Will Be Available for e-Naira By End of the August 2022.
Nigeria Inter-Bank Settlement System (NIBSS) Instant Payment solution will be available for Nigeria CBDC, eNaira…
Posted inEconomy Fintech NEWS Press Release
$50,000 Up For Grabs In Ecobank Africa Fintech Challenge.
The banking group, Ecobank Group, has launched the fifth edition of the Ecobank Fintech Challenge and…
Nigeria To Achieve 100% Crypto Adoption Rate By 2030.
Latest research data from Merchant Machine has predicted that by 2030, Nigeria will be at…
Posted inEconomy Features Fintech NEWS Stablecoins
CBDC: e-Cedi Will Not Affect MTN MoMo Vendors’ Business, says Bank Of Ghana
The Bank of Ghana has assured citizens that the e-cedi, the country's central bank digital…
Posted inEconomy Features NEWS Regulations Stablecoins
East African Central Banks Raise Doubts on Regional CBDC by 2024
The East African currency project in 2024 collapsed after the EAC Council of Ministers, the…
Posted inEconomy Fintech NEWS Technology
MTN Nigeria Rolls Out Live 5G Internet Services Today at 190 Locations.
MTN Nigeria Communications Limited 5G internet network has gone live today, the telecommunications giant, won…
Nigeria Records 10.9% Growth In Broadband Internet Expansion.
Latest data analysis from the Nigerian Communications Commissions (NCC), shows that Nigeria’s broadband subscriptions have…
Ghana Increases Benchmark Interest Rate To An All Time Record, As The President Promises To Fight Cedi Fall.
Following the skyrocket inflation rate recorded by Ghana, the Bank of Ghana has devised measures…
Posted inCyber Security Economy Fintech NEWS
Loan Apps: Fed Govt Asks Flutterwave, Opay, Telecoms To Stop Providing Services To Online Lenders.
Nigeria's Federal Competition and Consumers Protection Commission, FCCPC, has directed payment systems operators, PSOs, such…
South Africa Reserve Bank (SARB) Ask Banks To Maintain Links With Crypto.
The Prudential Authority of the South Africa apex regulatory bank, the Reserve Bank of South…
Bank Of Ghana Increases Interest Rate By 22% Over Rising Inflation, Forex Crisis.
Ghana Cedi is experiencing the worst performance in 17 years shedding further 2.7% in Monday.…
Kenya Crypto Ecosystem Expects Favourable Policies From The New President Elect.
The newly elected Kenya's President William Ruto is belived to be in sync with the…
More Money For Nigerian Bank Customers ? CBN Increases Interest Rate On Savings Account Deposits.
The Central Bank of Nigeria (CBN), earlier in the week has directed banks to increase the minimum…
Nigeria External Reserve Falls Again , Loses $337 Million in 2 Weeks. Further Naira Depreciation Likely.
Nigeria’s external reserves fell again by $337 million in the first two weeks of August,…
Nigeria Inflation Reaches 17 Year High, Nears 20% As Crypto Traders Go For Stablecoin USDT, BUSD.
The National Bureau of Statistics has said Nigeria’s headline inflation rate increased to 19.64 per…
Ghana Inflation Rises Further To 31.7 % All Time Record…, as Cedi Falls 30% Against Dollar.
Ghana’s inflation rate rose higher in the month of July 2022 from 29.8% recorded in…
Nigerians Has Traded Near N500 Billion In Bitcoin Despite CBN Ban
Nigerians traded N497.35bn ($1.16bn) worth of Bitcoin from the beginning of 2021 to June 2022,…
Central African Republic President Describes Launch Of Crypto, Sango Coin As an Important Milestone.
Faustin-Archange Touadéra, president of Central African Republic’s (CAR) over the week noted that the launch of the…
“Set Naira Free” Expert Tells CBN, Says Naira Is Overvalued By 200%.
The Managing Director of Financial Derivatives Company Limited (FDC), Bismarck Rewane in an interview earlier…
Posted inEconomy NEWS Regulations
Nigerian Banks Allegedly Engage In Fraudulent Transactions And Unauthorized Personal Data Usage.
A new investigative report has alleged that financial institutions are unabashedly engaging in fraudulent financial…
Nigeria on Economic Collapse; External Reserve Down to $15b, Experts Predict Sri Lanka Situation
Nigeria Nears Economic Collapse; External Reserve Down to $15b Contrary to CBN's $36b Claim With…