Tag: Cross border
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Reducing the True Cost of Cross-Border Payments for African Businesses
When African business leaders and finance experts talk about the “cost” of cross-border payments, the conversation often starts and ends with exchange rates. But in reality, FX rates are only one part of a much bigger equation. The true cost of cross-border payments is hidden in delays, inefficiencies, regulatory risks, trapped liquidity, and missed opportunities.…
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2026 CBN Fintech Report: Key Insights For Every Nigerian Fintech.
On February 2, 2026, something quiet but significant happened. While most fintech founders were busy chasing growth targets or pushing the next product release, the CBN released a document that effectively drew a line in the sand. The 2026 CBN Fintech Report wasn’t just a review of where Nigeria’s fintech ecosystem stands. It was the…
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The Treasury Automation Tool Every African CFO Should Know About
Your treasury team spends 15 hours weekly on tasks that a modern platform could handle in 15 minutes. While they’re manually reconciling bank statements, pulling data from five different systems, and building Excel forecasts that are outdated before they’re finished, your competitors are making real-time liquidity decisions backed by AI-powered insights. The treasury technology landscape…
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What Every Business Leader needs to know about Stablecoins in 2026
If you have not chosen what to learn in 2026, start with this. We live in a world where food arrives in minutes, files move in seconds, and teams build products across continents in real time. Yet money still behaves as if it were travelling by ship. Send funds from a GTB account in Nigeria…
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Why Instant Global Currency Payments Are No Longer Optional in 2026
Global cross-border payments are expected to exceed $250 trillion by 2027. That’s not slow money. Companies that move fast are capturing market share from those that move slowly. Your competitor just settled a $50,000 supplier payment to the UK in 30 seconds, while your business waits three days for the same transaction to clear. This…
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How Nigeria’s New Tax Acts Impact Cross-Border Payments
Change is coming, and you should brace for its impact. On June 26, 2025, President Tinubu signed Nigeria’s most comprehensive tax reform in decades into law. Starting January 1, 2026, businesses will operate under an entirely new fiscal framework, one that could either unlock unprecedented opportunities or create costly compliance nightmares, depending on how prepared…
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A New BRICS Currency: Threat or Opportunity for the US Dollar?
Introduction What if the US dollar doesn’t dominate the financial world? The BRICS (Brazil, Russia, India, China, South Africa, and recent additions) is actively exploring a new currency or payment framework that could challenge the status quo. For global finance leaders, this raises big questions: Will this shift threaten dollar dominance? Or open new opportunities…
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Data Privacy and International Payments: What Every Executive Should Know
African businesses are engaging in cross-border transactions more than ever. From paying overseas suppliers to receiving payments from international clients, the movement of funds across borders has become a daily reality for many organisations. However, while speed, convenience, and competitive foreign exchange rates often dominate conversations, data privacy is increasingly becoming just as important, especially…
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Policies That Have Shaped the Nigerian Currency Market in 2025
The Nigerian currency market in 2025 has been shaped by policies and choices that affect liquidity, pricing, and settlement windows for corporates. Over the past months, the Central Bank of Nigeria (CBN) and other policymakers have introduced reforms and interventions designed to stabilise the naira, tighten governance of FX markets, and improve predictability for businesses…
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Behind the $41 Billion FX Reserve Projection: Why Nigerian Businesses Should Still Be Cautious
Introduction: Nigeria’s FX Reserves Are Rising In the face of recent economic challenges, Nigeria’s foreign exchange (FX) reserves are projected to reach $41 billion by year-end, representing a potential increase from the current level of just under $34 billion. On the surface, this sounds like welcome news; more reserves typically signal improved currency stability and…
