CBN orders banks to obtain customers’ credit history
The Central Bank of Nigeria has ordered the lending institutions under its regulation to obtain the CUSTOMERS’ credit history before
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Money and Finance
Money, Finance, Investments, Banking, Insurance, Capital Market, Equities
President Buhari Signs AMCON amendment Act into law, Empowering It Access to Debtors Financial Details
President Muhammadu Buhari has signed a new law which empowers the Asset Management Corporation of Nigeria (AMCON amendment act 2019)
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China’s central bank says it’s close to releasing its own digital currency
China’s central bank is nearly ready to issue its own sovereign digital currency, according to a senior official. Mu Changchun,
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Infographic – Libra: Cryptocurrency By Facebook
The well-known name in social media Facebook took an initiative and announced their new project in the financial sector called
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Bitcoin price surges past $11,000 while stocks plunge on trade war fears
Bitcoin price soared 9% on Monday, performing like a safe haven asset as it edged past $11,000 for the first
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MTN’s Yello Digital Financial Services, receives super agent license from Central Bank
MTN Nigeria has announced that its subsidiary, Yello Digital Financial Services Limited (“YDFS”) has been granted a full Super Agent
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The 50 Best US-Based Private Equity Firms for Entrepreneurs – Graham Winfrey
Private equity firms have been called all kinds of nasty names over the years: asset strippers, corporate raiders, vulture capitalists.
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Bitcoin vs Libra: Here are the key differences between the two cryptocurrencies
Facebook has made headlines of late with its plans to create a cryptocurrency. The social media company has been forced
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President Trump Warns Facebook Over Its Plan to Create Libra Digital Currency
President Donald Trump on Thursday night warned Facebook Inc. over its plan to create a digital currency, the Libra, a
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Central Bank of Nigeria Bars Interest Payments on Bank Deposits Above N2b ($5.5m)
Nigeria unveiled another set of measures aimed at forcing lenders to extend more credit in an effort to revive economic
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Mobile banking on course to overtake branch visits
Banking by mobile phone is expected to become more popular than using high street branches by 2021, according to new
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Afreximbank approves $69m dividend pay-out to shareholders
The African Export-Import Bank (Afreximbank) will pay a total of $69 million to its shareholders as dividend from its 2018
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Zenith Bank removes minimum account opening balance requirement
Zenith Bank Plc, the largest bank in Nigeria by tier-1 capital and the foremost provider of financial services to multinationals,
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UK app-only bank Monzo launches in the US to take on America’s financial giants
British fintech start-up Monzo has launched in the United States, as it looks to challenge the country’s established banking giants.
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Bitcoin nears $9,000 as it breaks through its highest level this year
The bitcoin cryptocurrency has seen a renewal of interest in the past few weeks and its price is up over
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Allied Wallet partners with African banks, governments to roll out digital payment technology
Global online payment company Allied Wallet and Dr. Andy Khawaja are partnering with Aimable Mpore of Telecel Global to bring
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CoinCola – Person-to-Person (P2P) Bitcoin platform now in Nigeria
Blockchain Technology is rapidly growing in different continents and many more people beginning to see the importance and relevance of
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The Bulls Sustain Hold on the Treasury Bills Market as CBN Halts OMO Offers – AFRINVEST
Last week, the Treasury Bills (“T-Bills”) secondary market extended its bullish run into a second consecutive week in the absence
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Bitcoin price plunges less than a day after trading above $8,000 level
Bitcoin prices plummeted less than a day after the world’s largest cryptocurrency traded at levels above $8,000. As of 12:59
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Open your Stockbroking Account Today with Zero Naira – AFRINVEST
Further to the anticipated listing of MTN Nigeria Communications Limited (“MTN”) shares on the Nigerian Bourse tomorrow, we have thought
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Digital Lending, Pocket Money of Singapore, targets rejected borrowers with new cyclic lending system in Africa
Pocket Money, a digital lending marketplace determined to transform the financial fortunes of borrowers in Africa is pioneering a ‘cyclic’
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Hackers steal over $40 million worth of bitcoin from, Binance, one of the world’s largest cryptocurrency exchanges – cnbc
Hackers have stolen over $40 million worth of bitcoin from Binance, one of the world’s largest cryptocurrency exchanges, the company
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SIM swap fraud: A New Wave of Attacks Targeting Financial Services and online services in Africa
During Kaspersky Lab’s (www.Kaspersky.co.za) annual Cyber Security Weekend that took place in Cape Town, South Africa, Kaspersky Lab experts discussed
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Mastercard supports African payment innovation through Engage partnership platform
Mastercard is expanding its Engage programme in sub-Saharan Africa, with the first Engage events in Nigeria and Kenya to introduce
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Asoko Insight and African Business magazine announce African Business DealRoom partnership
Asoko Insight and African Business magazine, two business-to-business information providers, have announced a partnership to produce and deliver The African
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