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24 results for "central bank"
Liberia's Central Bank just earned a seat at the table with 171 countries working to protect economies from climate risks. The West African nation can now tap into cutting-edge research and best practices to build a greener, more resilient financial system.
Mexico's central bank cut interest rates for the second time this year after inflation dropped in April, signaling economic relief for families and businesses. The move could spark new investment across the country. ##
Kenya's central bank is building Africa's first dedicated crypto compliance team, signaling the country is ready to bring digital currencies under formal oversight. Four new positions will help license and monitor crypto businesses as landmark regulation nears completion.
In a rare banking accountability win, India's central bank has ordered five major banks to compensate a 78-year-old fraud victim for failing to monitor suspicious accounts. The regulatory decision could reshape how banks protect customers from digital scams.
Nigeria's Central Bank and telecom regulator just launched a system that lets banks instantly verify if a phone number has been hijacked before processing payments. Financial fraud dropped 51% this year, and this new partnership could drive losses even lower.
Ghana's central bank is transforming how millions of expatriates support their homeland, shifting from simple money transfers to strategic investment partnerships. The bold initiative could unlock sustainable wealth for a nation during uncertain economic times.
Nigeria's Central Bank is launching a pilot program to make digital finance safer and more accessible for millions of young people and small businesses. The move could transform how everyday Nigerians send money, get paid, and grow their businesses.
The head of Ghana's central bank received a national award from traders for bringing down inflation and stabilizing the country's currency. The recognition marks a rare moment of praise from the business community for economic policymaking.
Ghana's central bank just launched a continental summit to connect Africa's fragmented digital finance systems into one powerful, integrated network. The 3i Africa Summit 2026 aims to turn the continent's tech potential into coordinated action that works for everyone.
Nigeria's Central Bank has chosen six major payment companies, including Flutterwave and Paystack, for a groundbreaking program to make digital transactions safer and more secure. This marks a fresh approach to embracing financial innovation while protecting users.
Nigeria's central bank is limiting phone number changes on bank accounts to just once in a lifetime starting May 2026. The bold move aims to protect 68 million Nigerians from fraudsters who exploit phone numbers to hijack bank accounts.
Nigeria doubled its digital payments to 11 billion transactions in just two years, building one of the world's most advanced payment systems. Now the Central Bank is tackling the next challenge: bringing 26% of adults still outside the financial system into the digital economy.
Nigeria's central bank just rolled out smart new security measures to protect digital banking customers from fraud, including real-time identity checks and temporary limits on new devices. The move comes as the country tackles a fraud surge while keeping its booming instant payment system safe for everyone.
Nigeria's Central Bank just became the first to formally write artificial intelligence into its anti-money laundering rules, requiring all banks and fintechs to use automated systems. The move pushes Africa's largest economy toward smarter, faster fraud detection after fraud losses jumped 603% last year.
Nigeria's central bank has reduced its key interest rate for the first time in years, offering relief to businesses struggling with high borrowing costs. The move signals growing confidence in the country's economic recovery and falling inflation.
Kenya's Central Bank is rewriting its banking laws to finally welcome fintech companies into the regulated fold. The move could end years of uncertainty that kept promising startups in legal limbo while banks and telcos dominated.
Major Kenyan banks are lowering lending rates after the central bank made its tenth consecutive rate cut, making loans more affordable for millions. The policy shift comes as inflation cools, opening the door for businesses and families to borrow at better terms.
A creative new trend has Kenyans crafting banknotes into beautiful bouquets for Valentine's Day and special occasions. While central banks warn against damaging currency, entrepreneurs are finding innovative ways to share the love with cash gifts.
After three decades of waiting, 110 Nigerian university workers wrongfully fired in 1996 will finally receive their compensation. The Court of Appeal ordered the Central Bank to immediately release $1.4 million held since 2018.
A new Central Bank of Nigeria report reveals fintech companies see regulators as balanced, not barriers. But approval delays of up to a year are still slowing innovation across Africa's largest economy.
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