News
Nigeria: Reps charge Immigration & NIMC to automate passport, national ID issuance
The House of Representatives has called on the Federal Government to streamline the services of Nigerian embassies and high commissions and the charges ...
Nigeria
Nigeria: uLesson raises $15,000,000 Series-B investment from Nielsen Ventures, others
Nigerian education technology company, uLesson, has announced its $15,000,000 Series-B investment. uLesson now has a record of being the first African edtech company ...
News
Nigerians will pay 7.5% VAT on Facebook ads from Jan 1
Facebook (now Meta) has issued a notification that Nigerians will pay 7.5 percent value-added tax (VAT) on all ad placements from January 1, 2022. ...
News
Nigeria: Construction sector caused the surge in non-performing loans – CBN
The Central Bank of Nigeria (CBN) has stated that the construction sector’s loan default was to blame for the surge of non-performing loans. ...
Innovation
Nigeria: CBN is developing eNaira to function offline
The Central Bank of Nigeria (CBN) is working on offline use for eNaira, which will help onboard those who don’t have access to ...
News
Nigeria: Access Bank announces restructure into non-operating financial holding company
The Chairman of Access Bank Plc has issued a letter to all shareholders of Access Bank informing them about the restructuring of the ...
Nigeria
Nigeria: Sterling Bank Obtains AIP for Standalone Islamic Banking Licence
Sterling Bank Plc has informed the Nigerian Exchange and investing public that the tier-2 lender has gotten approval –in principle from the Central ...
News
Nigeria: Over 84% of CBN Anchor Borrowers Loans Defaulted – BoA
Over 84% of the Central Bank of Nigeria’s Anchor Borrowers loans are yet to be paid, the Bank of Agriculture (BoA) Chief told ...
News
Nigeria: FEC Signs N1.8bn for Devices to Combat Telecoms Related Frauds
The Federal Executive Council (FEC) on Wednesday approved N1.8 billion for the deployment of regulatory systems in the Nigerian Telecommunications industry to tackle ...
Nigeria
Nigeria’s digital payroll platform Bento expands to Kenya, Rwanda and Ghana, to enter six other African markets in 2022
Bento, Nigeria’s digital payroll and human resource management platform, is expanding to Ghana, Kenya and Rwanda, with plans to set up operations in ...