The Nigerian Inter-Bank Settlement System has slashed its transaction processing fee for NIBSS Instant Payment from N5 to N3.75k effective July 1, 2023. ...

The telecommunications industry is one of the fastest-growing sectors in the Nigerian economy.  It has brought about massive digitalisation that has helped equip ...

The percentage of diasporan Nigerians with National Identification Numbers rose to 25.17 per cent in May 2023. The National Identity Management Commission has ...

A new prototype developed as part of Project Dynamo explored how institutional investors can be encouraged to finance small and medium-sized enterprises (SMEs) ...

Sabi, a Lagos-based B2B e-commerce startup providing digital commerce infrastructure to Africa’s informal economy, has raised $38 million in Series B funding at ...

Instagram may be working on an AI chatbot, according to images leaked by app researcher Alessandro Paluzzi. According to the leaks, which reflect ...

The Federal Government recorded N930.8bn fiscal deficit in January and February 2023 according to the Central Bank of Nigeria. The CBN stated in ...

The cost of calls, data, and SMS may rise after the former president of Nigeria, Muhammadu Buhari, signed a five per cent excise ...

On May 28, 2023, the eve of his departure from office, former President Muhammadu Buhari signed into law the ground-breaking Finance Act 2023.  ...

Active subscriptions for mobile services in Nigeria declined by 1% to 223.3 million in April 2023. This was revealed in the latest industry ...

National Bank of Angola (BNA) and the United Nations Development Programme (UNDP) has announced plans for holding a workshop on digital and gender ...

BANK of Tanzania (BoT) has said the country is experiencing shortages of US dollars, the dominant currency in international transactions but insisted that ...

Australia’s central bank on Tuesday (June 6, 2023) raised interest rates by a quarter-point to an 11-year high and warned that further tightening ...

As Group Managing Director/CEO, Onyeagwu has led Zenith Bank to achieve tremendous feats and milestones in financial performance The Group Managing Director/Chief Executive ...

The South African Artificial Intelligence Association (SAAIA) has been inaugurated. The industry body focused on promoting the advancement of responsible AI in South ...

Unlimit, the leading global fintech and payment solutions company, is thrilled to announce its entry into the Kenyan market and the receival of ...

The Vice President, Dr Mahamudu Bawumia, launched the Financial Industry Command Security Operations Centre (FICSOC) to protect the industry from cyber attacks. The ...

Under the previous system, any individual could use their foreign investment allowance to transfer up to a total of ZAR10 million a year ...

The Nigerians Communications Commission (NCC) has licensed 25 new companies to provide mobile telecommunications services under the Mobile Virtual Network Operator (MVNO) framework. ...

Against United States (U.S) dominance, the naira traded steadied across foreign exchange (forex) markets amidst analysts’ expectations of a local currency devaluation. For ...