Updates

Facebook CEO goes to Nigeria to witness Africa’s tech revolution

Zuckerberg is in Nigeria to listen and learn and take ideas back to California on how Facebook can better support tech development and entrepreneurship across Africa August 30, 2016/Facebook Facebook CEO Mark Zuckerberg is visiting Nigeria this week on his first trip to Africa, using his time in the country […]

IMF insists on international audit of Mozambique debt

August 30, 2016/Reuters The International Monetary Fund (IMF) is demanding an external forensic audit of Mozambique’s public debt to regain investor confidence after a scandal over more than $2 billion in secret loans, its local representative said on Tuesday. Parliament and the attorney-general’s office have launched investigations into the undisclosed […]

CBN Licenses 11 New International Money Transfer Operators

August 30, 2016/CBN In furtherance of efforts to liberalise the Foreign Exchange Market, ensure liquidity and make foreign exchange more readily available to low end users, the Central Bank of Nigeria (CBN) has licensed more International Money Transfer Operators (IMTOs) to operate in Nigeria. In line with the existing Guidelines […]