Kenya Reduces Interest Rate to 12.75% Amid Cooling Inflation
In July, the Central Bank of Kenya (CBK) announced it would reduce…
Unity Bank Seeks ₦700 Billion Support from CBN for Providus Bank Merger
The Central Bank of Nigeria (CBN) has announced that it will provide…
Bitcoin Dips to $52,000 as Ethereum Falls to $2,100
Bitcoin has fallen over 13% in the past two days, hovering at…
Bitcoin Drops as Investors React to Trump’s Crypto Comments and Anticipate Central Bank Meetings
Cryptocurrencies are falling to begin the last week of July after traders…
X Silently Removes Bitcoin and Crypto Emojis from Hashtags
On Friday, X users began noticing that they could no longer see…
OKX Crypto Exchange Halts Services in Nigeria
Crypto exchange OKX has announced that it will shut down operations in…
Kenya Misses Tax Target by $2 Billion Despite Tax Hikes
Despite the tax hikes introduced in Kenya’s 2023/2024 Finance Bill, the Kenya…
OPay Gains Court Approval to Freeze Bank Accounts in Recovery of ₦714 Million from System Glitch
OPay has received an approval from the Federal High Court in Lagos…
Nigerian Fintechs Opay and Moniepoint Issue 17M Verve Cards, Ditch Visa and Mastercard
The Chinese-backed FinTech Opay has issued 13 million Verve cards, while Moniepoint…
FairMoney Ranked Among 2024 Fastest Growing Companies in Africa
Financial Times just ranked FairMoney, Nigeria's leading neobank, as one of Africa's…
Flutterwave Loses ₦11 Billion in a Security Breach
Just a month after getting a court order to recover $24 million…
Airtel Mobile Money Set to Go Public with IPO in 2025
Airtel Africa is set to take its mobile money platform public in 2025 as…