Nigeria
Nigeria: CBN Urges Banks to Prioritize Cybersecurity Investments
The Central Bank of Nigeria (CBN) has called on banks to significantly enhance their cybersecurity investments to protect depositors’ savings from increasingly sophisticated ...
Innovation
Nigeria: Ongoing Innovations in the Banking Industry – CBN
The banking industry is experiencing significant innovation globally, according to Dr. Adetona Adedeji, Acting Director of the Banking Supervision Department at the Central ...
News
Nigeria: CEO of Remita, DeRemi Atanda, Inaugurated as Member of FintechNGR Governing Council
DeRemi Atanda, the Managing Director and CEO of Remita, has been officially inaugurated as a member of the Governing Council of the Fintech ...
Nigeria
Nigeria: NAICOM Set to Introduce Insurtech Operation Guidelines
The National Insurance Commission (NAICOM) has announced plans to release draft Insurtech Operation Guidelines, aimed at addressing evolving market dynamics and fostering innovation ...
Nigeria
Nigeria: Federal Government Introduces Instalment-Based Tax Payment Option
The Federal Government has proposed a new tax payment system that will allow individuals to pay their taxes in instalments. This initiative is ...
Nigeria
Nigeria: Telcos Criticize Starlink’s Unapproved Internet Subscription Hike
The Association of Licensed Telecommunication Companies of Nigeria (ALTON) has condemned Starlink’s recent decision to increase its internet subscription prices without obtaining prior ...
Nigeria
Nigeria: Capital Market Key to Financing Nigeria’s Infrastructure Deficit – SEC
Dr. Emomotimi Agama, the Director General of the Securities and Exchange Commission (SEC), has highlighted the underutilized potential of Nigeria’s capital market in ...
Nigeria
Nigeria: SEC Advocates for Digital Finance to Strengthen Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) has underscored the critical role of investor education and digital finance in advancing the growth of financial ...
Nigeria
Nigeria: New Bill Requires Tax ID for Opening Bank Accounts in Nigeria
A new legislative bill in Nigeria proposes that individuals involved in banking, insurance, stock-broking, and other financial services must provide a Tax Identification ...
Nigeria
Nigeria: FIRS Launches Centralized Tax Remittance System for States
The Federal Inland Revenue Service (FIRS) has introduced a centralized tax remittance system to streamline tax payments across Nigeria’s 36 states. This new ...