MTN announces profit jump of 7.1%, inks deal with Mastercard
South African telecommunications giant MTN (MTNJ.J) on Monday posted a 7.1% rise in half-year earnings and said it had signed an initial agreement with global payments firm Mastercard (MA.N) to…
Mastercard launches global plan to recycle credit cards
June 21, 2023 Payments company Mastercard on Wednesday launched a global project to recycle credit and debit cards as part of a plan to save the billions of cards in…
Visa, Mastercard Block Russian Financial Institutions After Sanctions
March 1, 2022 U.S. payment card firms Visa Inc and Mastercard Inc have blocked multiple Russian financial institutions from their network, complying with government sanctions imposed over Moscow’s invasion of…
FG, UNICEF to inaugurate programme to empower 20m Nigerian youths by 2030
July 24, 2021 The Federal Government of Nigeria is set to partner with the United Nations Children Fund (UNICEF) to empower 20 million Nigerian youths by 2030. The initiative tagged:…
Gates, others pledge $125 million for COVID-19 treatments
Bill Gates The Bill & Melinda Gates Foundation and two other large charities on Tuesday pledged up to $125 million to help speed the development of treatments for the…
Facebook executive confident Libra will win enough financial backers
Facebook Inc, whose digital currency project Libra has been abandoned by several high-profile partners including PayPal, Visa and Mastercard, still expects to get 100 banks and financial firms on board…
No plans to ban Facebook’s Libra – ECB’s Coeure says
Global financial regulators have no plan to ban Facebook’s Libra or other stablecoins, but these digital tokens backed by official currencies will have to meet the highest regulatory standards, European…
Airtel Africa to link 100m customers to MasterCard in Nigeria, 13 African countries
It’s a deal: Airtel Africa has partnered with MasterCard to transform digital payment landscape and connect over 100 million Airtel mobile phone users across Nigeria and 13 other African countries…
Barclays, JP Morgan among banks being sued for alleged global FOREX rigging
Barclays, JP Morgan, RBS, UBS and Citigroup are being sued by investors over allegations they rigged the global foreign exchange market, in a test of U.S.-style class actions in Britain. The…