News
Nigeria: PalmPay and Jumia Forge Strategic Partnership to Boost Digital Payments in Nigeria
PalmPay, a leading Africa-focused fintech platform, has partnered with Jumia, a prominent e-commerce company, to advance Nigeria’s digital payment ecosystem. The collaboration aims ...
Nigeria
Nigeria: Naira Strengthens to N1,540 as CBN Injects $124 Million to Bolster FX Liquidity
The naira closed the week on a stronger footing in Nigeria’s autonomous foreign exchange market, supported by improved liquidity and sustained dollar inflows. ...
News
Africa: Angola’s TelCables to Enhance Digital Connectivity in Nigeria
Rack Centre, the leading Tier III Carrier and cloud-neutral data centre in West Africa, has expanded its interconnection services through a new partnership ...
Nigeria
Nigeria: CBN Denies Authenticity of Circular Authorising FX Sale to BDCs
The Central Bank of Nigeria (CBN) has rejected the authenticity of a circular circulating on social media that claims to authorise the sale ...
Nigeria
Nigeria: NITDA Warns African Financial Sector of Rising Cyber Threats from Grandoreiro Banking Malware
The National Information Technology Development Agency (NITDA) has issued a critical alert concerning Grandoreiro, an advanced banking malware that presents a significant cybersecurity ...
Nigeria
Nigeria: Tax Reforms Bill Fails to Address Nigeria’s Regional Disparities – Report
A recent survey by SBM Intelligence has criticized the federal government’s proposed tax reforms, arguing that they fail to consider the unique socioeconomic ...
Nigeria
Nigeria: NITDA Flags X and TikTok for Tax Non-Compliance in Nigeria
The National Information Technology Development Agency (NITDA) has accused social media platforms X (formerly Twitter) and TikTok of failing to meet tax filing ...
News
Nigeria: Access Bank Introduces Mandarin Feature on AccessMore App to Serve Chinese Clients
Access Bank has made a strategic move to enhance its services for Chinese enterprises and expatriates in Nigeria by introducing a Mandarin language ...
Nigeria
Nigeria: Federal Government Strengthens Compliance Guidelines for Public-Private Partnerships
The Federal Government has directed all Ministries, Departments, and Agencies (MDAs) to strictly adhere to the National Policy on Public-Private Partnerships (N4P) and ...
Nigeria
Nigeria: CBN’s Delays in Capital Verification Undermine Banking Recapitalisation Efforts
The Central Bank of Nigeria (CBN) is facing growing criticism from capital market stakeholders for delays in completing its capital verification process, a ...