Category: Finance

Nigeria Introduces Cybersecurity Levy on Electronic Transactions

admin- May 7, 2024

In a bid to enhance the country's cybersecurity infrastructure and protect against the growing threat of cybercrimes, the Central Bank of Nigeria (CBN) has mandated ... Read More

Lack of crypto regulation spurs growth of P2P in Nigeria—SIBAN

admin- May 7, 2024

The Blockchain Technology Association of Nigeria (SiBAN) has attributed the surge in peer-to-peer (P2P) crypto trading to the lack of regulation in the industry. President ... Read More

Ethiopia Largest Bank Hit by Glitch, Customers Withdraw Millions

admin- March 19, 2024

Over the weekend, the Commercial Bank of Ethiopia (CBE) experienced a significant systems failure that allowed customers to withdraw and transfer funds exceeding their account ... Read More

The Dollar Dilemma: How Nigerian Banks and Elites Exploit the FX Crisis

admin- February 10, 2024

In Nigeria, the rising dollar exchange rate is more than just a financial woe; it's a ripple that touches every facet of life and affects ... Read More