Money laundering is the process of illegally concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions with varying definitions. It is usually a key operation of organized crime.
Sandton is a financial, commercial and residential area, located in the northern part of the City of Johannesburg Metropolitan Municipality. Formerly an independent municipality, Sandton's name came from the combination of two of its suburbs, Sandown and Bryanston.
Midrand is a former municipality in central Gauteng, South Africa. Situated in-between Centurion and Sandton, Midrand now forms part of the City of Johannesburg Metropolitan Municipality.
Business Day, established in 2001, is a daily business newspaper based in Lagos, Nigeria. It is the only Nigerian newspaper with a bureau in Accra, Ghana.. It has both daily and Sunday titles. It circulates in Nigeria and Ghana.
First Bank of Nigeria Limited is a multinational bank and financial services company in Lagos, Nigeria. First Bank is owned by FBN Holdings PLC, which in itself has diversified ownership with over 1.3 million shareholders.
Channel O Africa Music Video Awards, once known as Spirit of Africa Music Video Awards, are Pan-African music awards organised by South Africa -based Channel O television channel. The awards were first held in 2003 under the name Reel Music Video Awards. Since 2005 the awards have been held annually. The winners are voted by Channel O's viewers across the continent.
Sanlam is a South African financial services group headquartered in Bellville, Western Cape, South Africa. Sanlam is the largest insurance company in Africa. It is listed on the Johannesburg Stock Exchange, the Namibian Stock Exchange and the A2X. Established in 1918 as a life insurance company, Sanlam Group has developed into a diversified financial services business. Its five business clusters comprise Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate and Santam.
Block Inc. is an American public company founded in 2009 by Jack Dorsey and Jim McKelvey. Initially named Square Inc., the company comprises various businesses within the financial technology sector. Block’s service network reportedly includes nearly 4 million merchants and 51 million users, as of 2023.
SoFi Technologies, Inc. is an American online personal finance company and online bank. Based in San Francisco, SoFi provides financial products including student loan refinancing, mortgages, personal loans, credit card, investing, and banking through both mobile app and desktop interfaces.
Bitcoin ATMs are kiosks that allow a person to purchase Bitcoin and other cryptocurrencies by using cash or debit card. Some Bitcoin ATMs offer bidirectional functionality, enabling both the purchase of Bitcoin and the sale of Bitcoin for cash. In some cases, Bitcoin ATM providers require users to have an existing account to transact on the machine.
Revolut is a global neobank and financial technology company that offers banking services. Headquartered in London, it was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko. It offers accounts featuring currency exchange, debit cards, virtual cards, Apple Pay, interest-bearing "vaults", stock trading, crypto, commodities, and other services.
Matthias Chika Mordi is from Delta State, in Nigeria and was a refugee during Nigeria’s civil war. He is an economist by training and a banker. He is the Chief Executive Officer of National Competitiveness Council of Nigeria and is the current Chairman of United Capital PLC. He is an Honourable Senior member of the Chartered Institute of Bankers of Nigeria and alternate president of the West African Institute of Bankers (2005-2008).
Wealthsimple Inc. is a Canadian online investment management service. The firm was founded in September 2014 by Michael Katchen, Brett Huneycutt and Rudy Adler and is based in Toronto. As of January 2024, the firm holds over C$30 billion in assets under management. It is primarily owned by Power Corporation indirectly at 54.2% through investments made through their holdings in Power Financial, IGM Financial and Portag3.
Binance Holdings Ltd., branded Binance, is a global company that operates the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies. Binance was founded in 2017 by Changpeng Zhao, a developer who had previously created high-frequency trading software. Binance was initially based in China, then moved to Japan shortly before the Chinese government restricted cryptocurrency companies. Binance subsequently left Japan for Malta and currently has no official company headquarters.
CR2 is an Irish-owned banking software company which provides mobile, internet and ATM financial service technology to more than 100 retail banks across Africa, the Middle East and Asia. Headquartered in Dublin, Ireland, the company has offices in Dubai, London, Cairo, Amman, Bengaluru, Lagos, Johannesburg, Singapore and Perth. Its customers include ANZ, Barclays, Standard Chartered, Botswana Savings Bank, Jordanian Bank al Etihad, pan-African bank Orabank, and Nigeria’s Access Bank plc and Diamond Bank.
Aigboje Aig-Imoukhuede FCIB, is a Nigerian business mogul, banker, investor and philanthropist.
Tania Habimana is a Rwandan Belgian entrepreneur and television presenter.
The general notion of cryptocurrencies in Europe denotes the processes of legislative regulation, distribution, circulation, and storage of cryptocurrencies in Europe. In April 2023, the EU Parliament passed the Markets in Crypto Act (MiCA) unified legal framework for crypto-assets within the European Union.
Access Bank South Africa, formerly known as Grobank Limited, and Bank of Athens (South Africa) before that, is a commercial bank in South Africa. It is licensed by the Reserve Bank of South Africa, the central bank and national banking regulator. The bank began commercial operations in June 2021, following the acquisition of a retail commercial banking license.
Cryptocurrency in Nigeria describes the extent of cryptocurrency use, social acceptance and regulation in Nigeria.
