Nigeria Needs Reforms to Hedge against Future FX Crisis – World Bank

Nigeria needs to reform its finance to ensure it can hedge against any future currency crisis, the World Bank chief economist for Africa said on Wednesday. Albert

Prepaid Payment Solutions Drive Cash Out of Africa’s Economies- Report

Mastercard and prepaid processing and payments solutions provider Global Technology Partners (GTP) signed a partnership agreement that will result in the latest prepaid

Investors Dump Risky Assets in Favour of Treasuries, Pound on the Radar

FXTM Chief Market Strategist Hussein Sayed comments on the after-effects of U.K. PM’s election announcement on the Pound.  Asian equity markets fell across the board on

FXTM: Mixed Messages On U.S. Dollar & Who Should You Listen To

FXTM Chief Market Strategist Hussein Sayed comments on the on-going developments in Gold. The U.S. dollar continued to recover from a five-month low against the Yen

Banks ATMs Dry Up in Liquidity Crunch

Many bank customers were left stranded during holiday period as Automated Teller Machines of banks ran out of cash in most parts of Lagos, according to Leadership. ATMs

Global Blockchain Market to Hit $5.4Bn in 6 years - Study

The global blockchain distributed ledger market accounted for $228 million in 2016, and between 2017 and 2023 is expected to reach $5.43 billion, expanding at a compound

CWG Plc Expands E-payment Ecosystem with its BillsnPay Solution

CWG Plc is presently expanding, Nigeria and potentially Africa's E-payment ecosystem with a new platform of its own called BillsnPay; a digital bills presentment -

Major 'Pays' Expected to Attract 500m Users by 2021

New data from fintech analysts at Juniper Research projects that the number of OEM-Pay contactless users — including Apple Pay, Samsung Pay, and Android Pay — will

FIRS to Introduce Electronic Tax Clearance Certificate

The Federal Inland Revenue Service says it will soon introduce electronic Tax Clearance Certificate (TCC) system to help reduce  fraudulent certificates. Mr Kola Okunola

Africans Embrace Bitcoin to Send Money Abroad

Developing countries from Africa and Asia are rapidly adopting Bitcoin in a bid to circumvent steep bank charges when sending money abroad. This is according to Bitcoin