Nigeria
Nigeria: Reps probes tax deductions, multiple charges by banks
The House of Representatives has inaugurated an ad-hoc committee to investigate growing concerns over excessive tax deductions from the earnings of civil and ...
News
Nigeria: FirstBank redeems $350m Eurobond
FirstBank of Nigeria Limited, a subsidiary of FBN Holdings Plc (FirstHoldCo), has successfully redeemed its $350m subordinated Eurobond due October 2025, reaffirming its ...
Africa
Africa: Moniepoint Secures Additional $90 Million to Complete $200 Million Series C as Visa and Google Deepen African Fintech Investments
Moniepoint has closed an additional $90 million in funding to complete its Series C round, bringing the total to $200 million following an ...
Nigeria
Nigeria’s Telecom Sector Enters New Era as Olorunnimbe, Maida Lead Fully Reconstituted NCC Board
Nigeria’s telecommunications industry — valued at over $75 billion and contributing nearly 16% to national GDP — is poised for renewed regulatory momentum ...
Nigeria
Nigeria moves to create single powerful regulator for fintechs with proposed bill
Nigeria’s House of Representatives, the 360-member lower chamber of the National Assembly, is considering a bill sponsored by Hon. Fuad Kayode Laguda, a ...
News
Africa: MTN Fintech Recognized for Advancing Digital Literacy and Financial Inclusion Across Africa
MTN Group Fintech has achieved a historic milestone by becoming the first recipient of the Regional Platform Business Award at MTN’s prestigious Y’ello ...
Nigeria
Nigeria: FIRS, Judiciary Deepen Collaboration to Address Emerging Tax Challenges
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has commended the Nigerian judiciary for its consistent, well-grounded tax rulings, ...
Africa
Africa: Hayo Launches eSIM Platform for Mobile Operators
Hayo, an innovator in digital solutions, has launched an end-to-end eSIM solution to help mobile network operators (MNOs) transition from legacy SIM infrastructure to ...
Nigeria
Nigeria: Bank Charges, Multiple Taxes Major Burden for Nigerian Businesses
A survey by the Central Bank of Nigeria (CBN) has revealed that high bank charges, multiple taxation, and poor infrastructure remain the leading challenges confronting ...
Nigeria
Nigeria’s Central Bank Moves to Redefine Fintech Policy in Global Push for Innovation
The Central Bank of Nigeria (CBN) has renewed its commitment to aligning financial innovation with sound regulation, hosting a fintech roundtable on the ...