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Business And Money

Nigeria’s central bank fines Access Bank, Stanbic IBTC and UBA $1.9 million for facilitating crypto transactions

Access Bank Plc received the largest portion of the fine at $1.2 million, followed by Stanbic IBTC Bank and UBA. Recall that the CBN had earlier in 2021 ordered Nigerian banks to close down all the bank...

At least 40 African countries print their money in the UK, France and Germany

According to the article, countries like Ethiopia, Libya and Angola — along with 14 other countries — place orders from British banknote printing giant De La Rue. The article further revealed that only a handful of African...

Tony Elumelu Foundation’s $5,000 Entrepreneurship Grant Opens For Africans

THE Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs across all 54 African countries, has opened applications for the 2022 TEF Entrepreneurship Programme. African entrepreneurs with business ideas or existing businesses under five years are encouraged to apply for $5,000 seed capital,...