First Bank Named Best SME Bank in Nigeria and Africa...
First Bank of Nigeria Limited has been recognized as the Best SME Bank in Nigeria and Africa at the 2025 Asian Banker Awards, securing the title for the second consecutive...
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Pioneering Women Transforming Financial Inclusion in Nigeria
Pioneering Women Transforming Financial Inclusion in Nigeria In Nigeria, a nation historically challenged by financial exclusion, a cadre of visionary women is spearheading transformative initiatives to enhance financial inclusion. Leveraging...
Flutterwave Secures Bank of Ghana Approval to Enhance Cross-Border Remittances
Flutterwave, Africa’s leading payments technology company, has received approval from the Bank of Ghana to offer inward remittance services in the country. This milestone reinforces Flutterwave’s mission to simplify payments...
Absa CEO Calls for Policy Certainty to Drive South Africa’s...
The interim Chief Executive Officer of Absa Group Ltd., Charles Russon, has emphasized the need for policy certainty and macroeconomic consistency to drive economic growth in South Africa. Speaking in...
Ghana Suspends Gold-for-Oil Program as New Central Bank Governor Takes...
Ghana’s newly appointed central bank governor, Johnson Asiama, has announced the suspension of the gold-for-oil program, signaling a shift in the country’s economic strategy. The move comes as part of...
Nigerian Banks Implement New ATM Charges: N100 On-Site, N600 Off-Site...
Nigerian commercial banks have begun enforcing a new ATM withdrawal fee structure, charging customers N100 per N20,000 withdrawal at on-site ATMs and N600 per N20,000 withdrawal at off-site ATMs. This...
Bank of Namibia Explores CBDC for Cross-Border Payments
IMF Urges Caution, Recommends Strengthening Existing Payment Systems The Bank of Namibia (BoN) is actively exploring the possibility of issuing a Central Bank Digital Currency (CBDC) to enhance cross-border payments...
Nigeria Holds Interest Rate Steady at 27.50% Amid Inflation Adjustments
CBN Maintains Tight Monetary Policy to Curb Inflation and Stabilize Naira The Central Bank of Nigeria (CBN) has kept its benchmark interest rate unchanged at 27.50%, Governor Olayemi Cardoso announced...
Ghana Increases National Daily Minimum Wage by 10% to GH¢19.97
New Wage Policy Aims to Address Cost of Living and Employment Growth The Government of Ghana has announced a 10% increase in the National Daily Minimum Wage (NDMW), raising it...
Kenya Nears $1.5 Billion Loan Deal with UAE to Bolster...
Strategic Loan to Strengthen Foreign Reserves and Economic Stability Kenya is reportedly close to securing a $1.5 billion loan from the United Arab Emirates (UAE), with disbursement expected as early...
