News
Nigeria: Blockchain Technology to Grow to $39 Billion, NITDA Says
The National Information Technology Development Agency (NITDA), said the global market for blockchain technology was expected to grow to over $39billion by 2025. ...
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Nigeria: Ckrowd to Invest in DMAAS Technology for Creators, Businesse
Premium content streaming platform, Ckrowd, has announced a major investment to further develop its Digital-Marketing-As-A-Service (DMAAS) technology. The goal is to support content ...
Nigeria
Nigeria: FIRS begins direct tax collection from online gaming operators
The Federal Inland Revenue Service (FIRS) has announced the commencement of the deduction of taxes at transaction points from online gaming companies, using the Sentinal National ...
News
Nigeria: CBN issues Draft Contactless Payments guidelines
The Central Bank of Nigeria (CBN) has issued Draft Guidelines on Contactless Payments, which prides that all such transactions must be linked to ...
News
Nigeria: CBN says 700,000 eNaira Transactions Worth N8bn Recorded in One Year
Over 2.5 million daily visits to the eNaira website The Central Bank of Nigeria (CBN) reported that some achievements have been accomplished since ...
News
Nigeria: Nigerian Exchange approves Abbey Mortgage Bank’s 3 years free float compliance extension
Abbey Mortgage Bank Plc said the Nigerian Exchange Limited (NGX) has approved its request for a free float compliance extension till October 4th, 2025. The company ...
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Nigeria: Naira has declined by 33.7% since the CBN banned sale of dollars to BDCs
The exchange rate between the naira and dollar at the black market has depreciated by about 33.7% and counting since the Central Bank ...
Nigeria
Nigeria: Access Holdings to acquire indirect equity stake in Sigma Pensions
The National Pension Commission (PENCOM) and the Federal Competition and Consumer Protection Commission (FCCPC) have approved the proposed acquisition by First Guarantee Pension Limited (FGPL) and First ...
News
Nigeria: CBN Approves Dollar Sales By Payment Service Banks
The Central of Nigeria (CBN) has released supervisory framework for Payment Service Banks. The framework among other things empowered the PSB operators to ...
News
NIBSS: Mobile transfers by bank customers hit N12.8 trillion in 9 months
The Nigeria Inter-Bank Settlement System (NIBSS) has revealed that bank customers in Nigeria transferred a total of N12.8 trillion over mobile devices between January and ...