Fintech
Nigeria: Moniepoint Breach: N1.1 Billion Stolen in Dark Web Operation
Moniepoint Microfinance Bank has suffered a significant cybersecurity breach, with over N1.1 billion reportedly stolen through a sophisticated dark web operation orchestrated by ...
News
Nigeria’s Central Bank Establishes Compliance Department to Enhance Financial Sector Transparency
In a decisive move to bolster transparency and accountability in Nigeria’s financial sector, the Central Bank of Nigeria (CBN) has announced the establishment ...
Innovation
Nigeria: NESG Unveils 2025 Macroeconomic Outlook Report
The Nigerian Economic Summit Group (NESG) has launched its 2025 Macroeconomic Outlook Report under the theme, “Stabilisation in Transition: Rethinking Reform Strategies for ...
News
Nigeria’s Collective Investment Schemes Surpass ₦3 Trillion
The Securities and Exchange Commission (SEC) has announced that the value of collective investment schemes (CIS) in Nigeria has exceeded ₦3 trillion as ...
News
Nigeria: Interbank Rates Decline as FAAC Credit Boosts Banking System Liquidity
Interbank rates have dropped as liquidity pressures in the money market eased, driven by inflows from the Federal Accounts Allocation Committee (FAAC). Despite ...
Nigeria
Nigeria: FG Allocates N22 Billion for Accrued Pension Payments
The Federal Government, through the Office of the Accountant General of the Federation (OAGF), has disbursed N22 billion to address outstanding accrued pension ...
News
Nigeria: FG Justifies Tariff Hike Amid Legal Challenges from SERAP and Subscribers
The Federal Government, through the Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has defended the recent 50% tariff hike for telecom ...
News
Nigeria: NCC Approves 10-Year Renewal for MTN’s 800MHz Spectrum License
MTN Nigeria Communications Plc has announced the approval by the Nigerian Communications Commission (NCC) for a 10-year renewal of its first 800MHz spectrum ...
News
Nigeria: MTN Boosts Stock Market Amid 50% Telecom Tariff Hike
MTN Nigeria Plc played a pivotal role in lifting the Nigerian stock market, as its shares contributed significantly to a 0.8% rise in ...
Fintech
Nigeria: Waza Launches Lync to Empower African Startups with Seamless Cross-Border Payment Solutions
Waza, a Y Combinator-backed B2B payments startup, is leveraging its $8 million funding to launch Lync, a groundbreaking banking product aimed at transforming ...
