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Nigeria unlocked $3.2bln economic output through electronic payments in 2022

Nigerian Tribune NIGERIA in 2022 unlocked $3.2 billion as additional economic output through the development and utilisation of electronic payments, particularly real-time payment services. This was made known at the weekend by the Chief Finance Officer (CFO), Parthian Partners, Mr Oluyinka Arewa, at the 2023 annual conference of the Finance Correspondents Association of Nigeria (FICAN)….

Nigeria appoints new central bank chief

Agence France-Presse (AFP) Nigeria’s President Bola Ahmed Tinubu has named a US-educated former investment banker as his new central bank chief months after the predecessor was arrested as part of a criminal investigation, the government said on Friday. Tinubu’s appointee, Olayemi Michael Cardoso, is a Harvard graduate and former Citibank director in Nigeria, according to…

Egypt inaugurates newly restored Ottoman mosque at Cairo citadel

Reuters CAIRO, Sept 17 (Reuters) – Egypt has inaugurated a newly restored Ottoman mosque, built by the 16th century governor Suleyman Pasha al-Khadim, that lies within the citadel that has dominated Cairo’s skyline for centuries. The mosque, with 22 green-tiled domes and minbar (prayer niche) inlaid with renowned Iznik tiles, is Cairo’s earliest Ottoman mosque,…

Nigeria to benefit as UK announces record climate aid contribution to GCF

Nigerian Tribune At the recent gathering of G20 leaders in India, UK Prime Minister Rishi Sunak, announced the UK’s biggest single financial contribution of £1.62 billion ($2 billion) to the Green Climate Fund (GCF). The fund is aimed at helping the world’s most vulnerable people adapt to and mitigate the impact of climate change. Established…

Big multinational companies are choosing to work in Cape Town, over London or New York

Bizcommunity.com Locations such as The Isle of Man, that have recently welcomed more than 35 South African companies, including Standard Bank, Microgaming, Nedbank and Derivco to name a few, would have been the obvious choice to expand internationally and set up new operational bases.This is thanks to an easy visa process for businesses, financial incentives…