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A service for banking industry professionals · Saturday, June 3, 2023 · 637,528,879 Articles · 3+ Million Readers
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Africa Banking Industry News  •••  Topics  •  Africa Media Directory

Africa Banking Industry Newswire

  • Published on 15:36 GMT

    Central Bank of Nigeria in the last 10 years

    Mr Godwin Emefiele, CBN Governor strong>By Uche Nworah, Ph.D Kelvin Gilbert’s article in ‘The Leadership’ newspaper of Saturday, 3rd of June, 2023, titled, ‘Looking At CBN In The Last Decade’ is nothing but public relations hogwash. In the United States …

    Source: The News (Nigeria) - Uncategorized
  • Published on 17:32 GMT

    Kenya’s Central Bank Parks Digital Currency Talk  

    But it will continue monitoring developments in the area to help future decisions on issuance. The bank invited views from the public on the potential introduction of a central bank digital currency (CBDC) in February last year, in a shift from its …

    Source: Africa.com - Neutral
  • Published on 14:14 GMT

    GITEX Africa 2023 Looks to Unlock Morocco’s Tech Potential

    GITEX‘s inaugural event in Africa made its debut in Marrakech, Morocco on 31 May to 2 June. Tens of thousands of attendees from across the continent and beyond attended to visit over 900 exhibiting companies, over 250 conference speakers and 30 government …

    Source: The Fintech Times - Neutral
  • Published on 08:10 GMT

    Telcos Send Disconnection Notice To Banks

    In the midst of a dispute over Unstructured Supplementary Data Service debt totaling more than N120 billion, telecommunications companies have sent disconnection notices to Deposit Money Banks. For using their USSD infrastructure for financial services, …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on 08:11 GMT

    Nigerian Treasury Bills Stay Cold As Rates Slump

    In the lack of liquidity pressures in the financial system, the Nigerian Treasury Bills (NTB) did not record any noteworthy transactions that may have shifted the yield curve to the left or the right. Although there is still liquidity in the market, …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on 07:31 GMT

    Group raises alarm on influx of imported energy drinks into Nigeria

    A group, Concerned Consumers, has called attention to the severe harm that energy drink importation has inflicted on the Nigerian economy, calling it “an act of sabotage and destruction to local industry.” The heads of the relevant government agencies …

    Source: The Punch - Center-left
  • Published on 00:08 GMT

    Kenyan central bank says CBDC not a priority

    Following a period of feedback collection on central bank digital currencies (CBDCs) earlier this year, Kenya’s central bank (CBK) has told the public that a CBDC is not a priority. Additionally, the CBK has expressed the view that the appeal of CBDCs is …

    Source: crypto.news - Neutral
  • Published on 00:08 GMT

    Nigerian central bank maintains stance on crypto withdrawal restrictions

    Nigeria’s cryptocurrency landscape has experienced ongoing turmoil, with citizens embracing digital assets while the government remains steadfast in its opposition. In response, the government has enforced a ban on cryptocurrencies, prohibiting individuals …

    Source: crypto.news - Neutral
  • Published on 11:00 GMT

    Nigerian Startup, Nearpays wins big GITEX Africa Morocco

    By Chimezie Godfrey In a remarkable display of innovation and entrepreneurship, a Nigerian startup, Nearpays Technology Limited has emerged best in the Fintech and Blockchain category of the Supernova Challenge at GITEX Africa, Morocco. Nearpays was …

    Source: News Diary Online - Uncategorized
  • Published on 15:02 GMT

    Kenya secures $500 million commercial loan from global banks

    The syndicate, which consists of American Citibank, British Standard Chartered Bank, Stanbic Bank, and South Africa's RMB Holdings Ltd, formerly known as Rand Merchant Bank Holdings, provided the government with $500 million in response to its request …

    Source: Pulse - Neutral
  • Published on 10:02 GMT

    Top 10 Virtual Assistant Companies in Nigeria

    Virtual assistants in Nigeria are becoming increasingly popular in the business world, and for good reason. A virtual assistant is an independent contractor who provides administrative, technical, or creative assistance to clients from a remote location. …

    Source: The Punch - Center-left
  • Published on 17:17 GMT

    Credit Suisse’s Predictions for the Egyptian Pound Come Under Question by Analysts

    Introduction Analysts have put in questioned the possibility of realizing the predictions made by Credit Suisse regarding the future of the Egyptian pound. Analysts said in exclusive statements to Agency that such reports, in light of current circumstances …

    Source: Asume Tech - Uncategorized
  • Published on 17:55 GMT

    Nigerian Treasury bills trade cold as rates slump

    Business News of Saturday, 3 June 2023 Source: dmarketforces.com 2023-06-03 Nigeria's Central Bank Headquaters The Nigerian Treasury bills (NTB) recorded no significant transaction that could swing the yield curve left or right in the absence of …

    Source: GhanaWeb - Neutral
  • Published on 10:20 GMT

    Debt burden on low- and middle-income states threatens poverty eradication efforts: Egypt at BRICS meeting

    CAIRO – 2 June 2023: Egypt’s Foreign Minister Sameh Shoukry highlighted the importance of enhancing the efficiency and comprehensiveness of mechanisms for dealing with debts. He made the remarks as he participated in the BRICS bloc virtual ministerial …

    Source: Egypt Today - Gov't Propaganda
  • Published on 10:21 GMT

    East African railways: Old, new can co-exist

    Has railway transport in East Africa got its groove back?       Railway transport, which traded as the East African Railways Cooperation (EARC), found itself in the doldrums after the collapse of the East African Community in 1977. In 2009, the East …

    Source: The Daily Monitor - Uncategorized
  • Published on 14:57 GMT

    5 Stunning Facts and Stats about mobile technology in Africa

    Mobile technology has transformed Africa over the past two decades, enabling the continent to leapfrog fixed-lines and join a global digital economy. It has made the internet accessible to nearly everyone, transforming how we live, learn, work, communicate …

    Source: The South African - Neutral
  • Published on 12:41 GMT

    The Nigeria Labour Congress Announces Nationwide Strike Over Petrol Price Hike

    The Nigeria Labour Congress (NLC) has declared a nationwide strike starting Wednesday next week, after the Nigerian National Petroleum Company Limited (NNPCL) failed to reverse the new pump price for the Premium Motor Spirit (PMS). The decision was made at …

    Source: Nigeria News Today - Pro-Government
  • Published on 14:21 GMT

    Russia prefers Africa’s non-aligned stance to isolation

    By AGGREY MUTAMBO Russian top diplomat Sergey Lavrov may have received the reassurance he was looking for in Africa on his fourth trip on the continent since Moscow launched a war on Ukraine. And it appears he prefers the continent’s relative neutrality to …

    Source: The East African - Neutral
  • Published on 08:36 GMT

    Here’s where Egypt has started its cashless system for tickets

    The Egyptian Ministry of Tourism and Antiquities issued a statement on Friday regarding which archaeological sites and museums now apply cashless payment system to purchase entry tickets, and covered the most prominent methods of payment – whether for …

    Source: Egypt Independent - Pro-Government

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