Nigeria
Nigeria: MTN Nigeria Offer Oversubscribed by 139.47%, Prepares Additional 86.25m Shares
The Series 1 offer for sale of 575 million shares held by the MTN Group in MTN Nigeria (the Offer) to Nigerian investors ...
Nigeria
AltSchool raises $1,000,000 to birth more technical and soft skills in Nigeria
Nigeria’s AltSchool has raised $1,000,000 in pre-seed funding to scale its efforts in technical and software skills training. The investment will enable AltSchool ...
Nigeria
Nigeria: Banks cut borrowing from CBN by 46% to N1.3trn
In apparent reflection of the improved liquidity in the interbank money market, banks’ borrowing from the Central Bank of Nigeria, CBN, fell by 46 ...
Nigeria
Nigeria: Binance Restricts 281 Nigerians Cryptocurrencies Accounts
Binance, the world’s largest cryptocurrency exchange, has restricted the personal accounts of 281 Nigerian users, citing a need to comply with international money ...
News
PayedIn launches payment solution in Nigeria
PayedIn Technology, a fintech company, has launched a payment solution in Nigeria to support the digital economy. As part of its entry strategy, ...
Nigeria
Finance Act: Taxpayers who fail to grant FIRS access to their systems will be fined N25,000 per day
On March 20, 2021, FIRS announced the deployment of the Automated Tax Administration System (ATAS). The initiative was brought pursuant to Section 25 ...
News
Nigeria: Wema Bank announces appointment of Non-Executive Directors
Wema Bank Plc have announced the appointment of two independent Non-Executive Directors by the Board of Directors. The announcement was made via a ...
Nigeria
Nigeria: CBN issues guidelines on how consumers can report banks
The Central Bank of Nigeria(CBN) has issued a guide on how aggrieved customers can complain about financial institutions such as commercial banks. This ...
Nigeria
Nigeria: CBN Slashes Electronic Transactions Charges
The Central Bank of Nigeria (CBN) has announced a downward review of charges for electronic banking transactions in its revised guidelines to charges ...
News
NIPOST launches banking platform, e-debit card
The Nigerian Postal Service (NIPOST), Thursday, added financial inclusion as part of its services to Nigerians, introducing its own e-debit card, agency banking platform ...