Tag: Banks
How fintech companies are revolutionising Africa’s financial sector
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Gone are the days when customers depended on only conventional banks to carry out financial transactions, but with…
Nigerian Banks register new 291,232 BVNs in two weeks
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Nigeria’s financial system faced fraud in 2014. In response, the Central Bank and all banks launched the Bank…
African credit-led fintech Finclusion raises additional capital amidst rebrand
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African credit-led neobank Finclusion Group said in a statement that it had raised an extra $2 million in…
CBN reduces ATM withdrawal limit to 20,000 ($27) per day
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The Central Bank of Nigeria (CBN) announced a new instruction on Tuesday, December 6, 2022, to limit withdrawals…
eCedi: Ghana Adopting Crypto-like Mobile Money
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The Bank of Ghana (BoG) has announced the will to introduce eCedi. In the design paper, the central…
