News
Nigeria: Telecoms contribution to Nigeria’s GDP rises to 9.72% in Q2 2026
Nigeria’s telecommunications sector increased its contribution to the country’s gross domestic product (GDP) to 9.72 per cent in the second quarter of 2026, ...
News
Nigeria: NIBSS payment stack surpasses 100 million transactions as digital inclusion expands
The Nigeria Inter-Bank Settlement System (NIBSS) has recorded more than 100 million successful transactions on its National Payment Stack (NPS), marking another milestone ...
Nigeria
Nigeria: NGX, Nairobi Securities Exchange deepen push for cross-border capital market ties
Nigerian Exchange Group (NGX Group) and the Nairobi Securities Exchange (NSE) are advancing efforts to strengthen cross-border collaboration, with stakeholders from Nigeria and ...
Innovation
Nigeria: Thales Alenia Space to build Nigeria’s new NigComSat-2A satellite
Nigeria is set to expand its satellite communications capacity after Thales Alenia Space signed a contract with NIGCOMSAT Ltd to develop NigComSat-2A, a ...
News
Nigeria: CBN data localisation rule raises skills, security and infrastructure concerns
Nigeria’s data-centre infrastructure has sufficient capacity to support the Central Bank of Nigeria’s (CBN) new payment-data localisation requirement, according to industry executives and ...
News
Nigeria’s telecom industry grapples with rising fibre cuts
Rising damage to fibre-optic infrastructure is putting increasing pressure on Nigeria’s digital economy, disrupting communications, digital payments, business operations and other services that ...
Nigeria
Global: FedNow moves towards enabling cross-border payments
The US Federal Reserve is advancing plans to enable participants in its FedNow real-time payments system to support cross-border payment transactions, potentially extending ...
Fintech
Nigeria: Remita launches mobile app to expand access to payments and financial services
Remita has launched a new mobile application designed to allow users to manage multiple bank accounts, make payments and access a range of ...
News
Nigeria: DataPro explores Africa’s roadmap to investment-grade sovereign status
Technology-driven credit rating agency, DataPro Limited, is bringing together policymakers, economists, academics and industry practitioners to examine how Nigeria and other African economies ...
Nigeria
Nigeria: NTB stop rates fall after CBN rate cut
Treasury bill stop rates fell sharply across all three maturities at Wednesday’s primary market auction, declining by between 70 and 80 basis points ...
