The Central Bank of Nigeria will work with Bitt Inc, a Barbados-based fintech company, as a technical partner to help it launch Nigeria's digital currency, the eNaira. It ... Read more »
German authorities have imposed a U.S.$178,000 fine on state-owned KfW-Ipex-Bank for facilitating loans to an Angolan brewery linked to Isabel dos Santos, the eldest daughter of ... Read more »
The Financial Sector Conduct Authority (FSCA) has imposed a U.S.$3.4 million administrative penalty on Viceroy Research and its partners for peddling false and misleading ... Read more »
"In my view the hidden debt scandal is the most egregious corruption case of the 21st century. In U.S. dollar terms, the Malaysian 1MBD case is larger, but Malaysia Read more »
Chatbots are computer programs designed to simulate a conversation - both voice and text - with human users, especially over the internet. They are described as a ... Read more »
The Bank of Mozambique has fined Standard Bank U.S.$4.6 million for engaging in fraudulent activities. The central bank also imposed heavy fines on two of Standard Bank's senior ... Read more »
The Industrial and Commercial Bank of China, with a global portfolio that includes fossil fuel extraction, has agreed to stop financing the controversial Sengwa coal project in ... Read more »
In developing economies, many people are excluded in various ways from financial services. Emmanuel Mogaji for The Conversation approached the top managers of five ... Read more »
Central Bank Governor Godwin Emefiele has confirmed the immediate removal of the entire board of First Bank of Nigeria, appointing new directors. Emefiele said that "for years ... Read more »
There are growing fears that earnings from tobacco, which remains touted as the country's second single largest foreign currency earner after gold's net export proceeds, might be ... Read more »
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