CBN to Penalise Banks Over Cash Scarcity as Nigeria Grapples with Prolonged Shortages
Nigeria’s Central Bank (CBN) has announced plans to penalise commercial banks failing to provide cash at their automated teller machines […]
Paystack Integrates OPay for Direct Payments
Paystack, the Stripe-owned Nigerian fintech, has launched an integration allowing merchants to accept payments directly from millions of OPay accounts.
GTBank Apologizes To Customers For Seven-Week Service Disruption
Guaranty Trust Bank (GTBank), a leading Nigerian financial institution with 32 million customers, has issued a public apology for a
MTN Nigeria Achieves Fastest 5G Speeds in West and Central Africa
MTN Nigeria has emerged as the leader in 5G internet speeds in the West and Central African (WCA) region, according
Safaricom Expands Digital Investment Options with Ziidi Money Market Fund
Kenya’s Capital Markets Authority (CMA) has approved Safaricom’s second money market product, Ziidi, marking another step in the telecom giant’s
Kenya Proposes New Regulations for BPO Firms Amid Worker Rights Concerns
Kenya’s parliament has introduced the Business Law (Amendment) Bill 2024 to address concerns about the working conditions in the country’s
CBN Raises Interest Rate to 27.5% Amid Persisting Inflation Pressures
The Central Bank of Nigeria (CBN) has raised the benchmark interest rate by 25 basis points to 27.5% during its
PalmPay Appoints Femi Hanson to Lead Marketing and PR in Nigeria
PalmPay, a pan-African fintech operating in three countries, has appointed Femi Hanson as the Head of Marketing and Public Relations
Union Bank Implements 40% Salary Hike Amid Cost of Living Crisis
Union Bank of Nigeria, acquired by Titan Trust Bank in 2022, has increased employee salaries by 40% effective November 1,