Posted inBanking Economy Regulations
Interbank Rates Surge as CBN Tightens Liquidity Through Open Market Operations
Interbank lending rates rose as the CBN implemented liquidity tightening measures to manage excess cash…
Posted inAfrica Banking Regulations
Ripple Partners with South Africa’s Absa Bank to Launch Digital Asset Custody Services
Ripple teams up with Absa Bank to bring secure, compliant digital asset custody solutions to…
Posted inBanking Blockchain Crypto Economy
Banks Must Adapt as Crypto Transactions Soar to $59 Billion
Cryptocurrency transactions have reached $59 billion in Nigeria, underscoring a financial shift that banks can…
Nigeria Raises US$2.2 Bn as Eurobond Oversubscribed by 300%
Nigeria has raised $2.2 billion by selling Eurobonds (a type of international loan). The country…
Posted inEconomy General News NAIRA RATE NEWS Stocks
December 2024 Subscription for FGN Savings Bonds Open
Through the Debt Management Office (DMO), the Federal Government of Nigeria, invites individuals and institutions…
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…
Posted inRegulations
Terrorist Groups Exploits South Africa Financial Institutions, Also Seeks Crypto Donations.
Accomplices of the terrorist network, the Islamic State (IS) who are on rampage in Africa…
Posted inNEWS
CBN Open Banking Guidelines To Allow Banks Share Customers Data With Retailers.
Recently, the Central Bank of Nigeria (CBN) published proposed guidelines that would introduce an ‘open…
Posted inNEWS
Zimbabwe Bans Bank From Lending, As Currency Value Declines.
In Zimbabwe, the government has ordered commercial banks to stop lending with immediate effect in…