Nigeria Sovereign Investment Authority (NSIA) and GuarantCo have announced the establishment of an infrastructure credit enhancement facility in Nigeria (InfraCredit) conceptualized in 2014. The $200 million...
The African Development Bank has announce the appointment of Mr. Wale Shonibare as the Director – Energy Financial Solutions, Policy and Regulation with effect from 9th...
SWIFT is introducing a proof of concept (POC) to explore whether distributed ledger technology (DLT), also known as blockchain, can be used by banks to improve...
The global share of ATMs located away from bank branches rose to 51 percent in 2015, according to a new RBR report, “Global ATM Market and...
Akinwumi Adesina, President of the African Development Bank (AfDB), has called for improved access to financing to accelerate the transformation of African economies. Speaking before African...
Donald Trump’s administration is bullish right out of the gate. He’s chosen a cabinet made up of oil business tycoons like former Exxon chairman Rex Tillerson,...
Asides Bitcoin transactions being irreversible and the prices volatile, Tope Aladenusi, Partner, Cyber Risks Services, Deloitte West Africa, has warned that ‘Bitcoin wallet thieves’ and ‘Bitcoin-mining...
Federal government has formally applied for operational license for Development Bank of Nigeria (DBN) from the Central Bank of Nigeria (CBN). A statement from the Federal...
The Greenback descended deeper into the abyss on Thursday after President-Elect Donald Trump’s news conference failed to provide the much-needed clarity on future fiscal policies. With...
Currency as a store of value, unit of account, and medium of exchange has accompanied society since the dawn of civilization and commerce. Fiat currency issued...