Browsing: economy

Nigeria’s foreign exchange (FX) market may finally be showing signs of order. The Central Bank of Nigeria (CBN) has issued…

A coalition of the world’s major economies wrapped up its summit in Johannesburg, marking the first time the gathering has…

Kashifu Inuwa, the Director-General of Nigeria’s National Information Technology Development Agency (NITDA), believes that Africa’s best opportunity in the global…

The Central Bank of Kenya (CBK) and the National Treasury have granted approval for Access Bank’s acquisition of the struggling…

AvtoVAZ, Russia’s largest automaker and majority-owned by the Russian government, is making its move into Nigeria as part of a…

The Africa Stablecoin Consortium (ASC), the team behind Nigeria’s first regulatory-approved stablecoin, cNGN, has entered early talks with major African…

A Nairobi court has thrown out a lawsuit filed by Davidson Ivusa, a Kenyan innovator who claimed Safaricom copied his…

Kenyan banks are scrambling to slash lending rates following a stern warning from the Central Bank of Kenya (CBK), which…

Nigerians will soon face higher costs for withdrawing cash, adding to the financial strain amid rising inflation. Banks and financial…

Three years after its initial proposal, the Bank of South Sudan (BoSS) has officially launched the country’s first National Instant…