Showing posts with the label FinanceShow All
Naira Gains Ground as FX Market Shows Recovery Signs
The Nigerian foreign exchange market ended the week on a positive note as the Naira demonstrated renewed strength against the US dollar, supported by increased…
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Nigeria's New Foreign Currency Rules Explained
CBN - The Central Bank of Nigeria has commenced a new program that makes the availability of foreign currency accessible for individuals and businesses. Here&#…
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Dubai's Population projected to Reach 4 Million by 2026
S&P global ratings have projected Dubai's population to hit 4 million by the year 2026. Due to its growing economy, Dubai has become the top destinatio…
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Tanzania Leads East Africa with $3.9B Investment Surge in Q1 2024
Tanzania is becoming the centre of investment in East Africa as the surge in investment is evident in the recently concluded first quarter (Q1) of the 2024/202…
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Nigeria's Foreign Money Exchange Grows, but Naira Struggles
In August 2024, Nigeria saw a big increase in foreign money exchanges. The total value reached 15.74 trillion naira (about $9.90 billion), according to a repor…
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Nigeria Embraces Cryptocurrency with SEC's Latest Approvals
The Nigerian Securities and Exchange Commission (SEC) has granted operational approvals to two crypto exchanges, Busha Digital Limited and Quidax T…
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PEPE Cryptocurrency Surges to All-Time High, Capturing Investor Attention
The cryptocurrency landscape is buzzing with excitement as PEPE, the meme coin inspired by the iconic Pepe the Frog, experiences a remarkable resurgence. Afte…
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Dangote Stocks Soar as Refinery Commences Production: Investors Gain N1.2tn
Investors in companies under the Dangote Group have experienced significant gains, amounting to over 1.2tn, during the first two trading sessions of the week. …
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How Airtm’s Enterprise Platform Enables Businesses to Send and Receive Payments Worldwide
What is Airtm? Airtm is a digital dollar account that connects local talent with the global market. It has launched a new self-service Enterprise Platform th…
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Nairobi to host 2024 Africa Fintech Summit also feature roundtable discussion
The Africa Fintech Summit, a biannual event that brings together fintech stakeholders from across the continent, will take place in Nairobi, Kenya in 2024. Th…
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Chipper Cash and Visa partners on card issuance and marketing in Africa
Chipper Cash, a leading African fintech startup, is strengthening its partnership with Visa, a global payments company, to collaborate on card issuance and pro…
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Flutterwave CFO and two finance executives quit amid IPO speculation
In a significant development at Africa's leading fintech company, Flutterwave has announced the departure of its Chief Financial Officer (CFO), Oneal Bhamb…
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