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Remittances
No bank charges, please: central bank digital currency will deliver remittances like emails
Cross-border payments are inefficient, often slow, opaque and expensive. Businesses around the world made $ 23.5 trillion in cross-border transactions in 2020, equivalent to 25% of global GDP. Companies also paid bank charges of $…
The court will hear the action against the NNPC
Judge Taiwo Taiwo of the Federal High Court of Abuja will hear today the complaint filed by a team of forensic accountants that the Nigerian National Petroleum Corporation (NNPC) is indebted to the Federal Allocation and Accounts…
Do not accept work orders below production cost: BGMEA
The leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) today urged garment manufacturers not to take on any item below their cost of production.
"Please no longer negotiate the prices of clothing items below…
Remittances to Rwanda Expected to Reach 246 Million T this Year | New times
Remittances to Rwanda for 2021 are estimated at around $ 246 million after dropping to $ 241 million in 2020 due to the Covid-19 pandemic, according to the latest World Bank analysis on migration and development .
The…
Money Transfer Software Market By Covid-19 Impact Outlook to 2028
A recent market research report added to the repository of Global Market Vision is an in-depth analysis of the global Money Transfer Software industry market. Based on the analysis of historical growth and current scenario of Money…
TerraPay and MTN Uganda announce new partnership
The Dutch payment infrastructure company TerraPay associated with MTN Mobile Money Uganda Limited to enable quick transfers to recipients in places like China and India.
“As of 2020, TerraPay has been offering inbound remittances to…
The food crisis in Afghanistan is a problem the United States can solve
As winter approaches, humanitarian watchdogs are sounding the alarm bells over the increasingly likely possibility of massive famine in Afghanistan, a deeply impoverished nation whose economy plunged following the withdrawal of the United…
MTN and Airtel as Payment Services Banks: Should Commercial Banks be Worried?
The major Nigerian telecommunications companies, MTN Nigeria and Airtel Africa, have received "Approval in Principle" (AIP) from the Central Bank of Nigeria to operate as payment services banks.
Payment service banks are banks…
Red flags that signal the impending financial collapse of a country
Lebanon is facing such a severe financial collapse that the World Bank has called it one of the worst since the mid-19th century. The country is quickly sinking into a dangerous state of state failure marked by violent riots, escalating…