Nigeria: Banks roll out new system to fight fraud and identity theft

30.04.14

Banks in Nigeria will be rolling out the Bank Verification Number (BVN) scheme from May 2014, in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement System (NIBSS).

The new Moroccan Insurance Code provides a legal framework for Islamic insurance

30.04.14

The new Moroccan Insurance Code provides a legal framework for Islamic insurance, also known as Takaful.

Belgian start-up aims to end high fees on money transfers

29.04.14

Remittances towards Africa are far too expensive, which means that the continent cannot fully take advantage of these money transfers.

Tanzania: Lifting Capital Market Controls

29.04.14

Tanzania will ease controls on foreign ownership of its stocks and bonds by next year, and is looking at attracting investment to finance infrastructure projects that will cost billions of dollars, Tanzanian President, Jakaya Kikwete has said.

Nigeria: Time to Fight e-Banking Fraud

28.04.14

Banks are launching more security awareness campaigns and are upgrading their systems to protect customers from fraudsters and enhance the cashless policy initiatives of the Central Bank of Nigeria.

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