News
Nigeria: Average FX Turnover Soars by 180% in One Year – CBN
The Central Bank of Nigeria (CBN) has reported a significant increase in the average foreign exchange (FX) turnover, which grew by 180.47 percent ...
News
Nigeria: Wema Bank Launches AlatPay to Digitize SME Operations and Lead Cardless Payment Revolution
Wema Bank, a leading Nigerian financial institution, has unveiled AlatPay, an instant digital payment solution designed to help small and medium-sized enterprises (SMEs) ...
Nigeria
Nigeria: National Digital Economy Bill: Guidelines for E-commerce and Cyber Insurance
The federal government of Nigeria is set to introduce new regulations to guide the operations of e-commerce platforms and the provision of cyber ...
News
Global: Vertiv Introduces Next-Generation UPS to Meet Global AI Power Demands
Vertiv has unveiled the Vertiv™ Trinergy™ UPS, now available as part of the new Vertiv™ PowerNexus solution, which is closely coupled with Vertiv™ ...
Nigeria
Cameroon Receives $4.8M Grant from South Korea for Civil Registration Modernization
Cameroon’s Minister of the Economy, Planning and Regional Development, Alamine Ousmane Mey, recently signed a significant agreement with the government of South Korea, ...
News
Nigeria: NCAA to Launch Consumer Protection Portal in August
In an effort to enhance transparency and accountability within the aviation sector, the Nigerian Civil Aviation Authority (NCAA) has announced plans to launch ...
Nigeria
Nigeria: SEC to Monitor Crypto Transactions Under New Regulatory Framework
The Securities and Exchange Commission (SEC) has announced plans to begin monitoring cryptocurrency transactions as part of its new regulatory framework. This initiative ...
News
Nigeria Plans Replacement of Satellite as Expiry Approaches
Nigeria is taking significant steps to enhance its satellite communications as the expiration date of its current satellite approaches. This initiative has been ...
News
Nigeria: Jaiz Bank Plans to Raise Capital Base to N70bn by December
Jaiz Bank has announced its plan to increase its capital base to N70 billion by the end of this year, reinforcing its commitment ...
Nigeria
Nigeria: Central Bank of Nigeria Excludes Bureau De Change Operators from Latest Forex Sales
The Central Bank of Nigeria (CBN) has excluded Bureau De Change (BDC) operators from the latest tranche of foreign exchange sales to authorized ...