Nigeria
Nigerian Banks and Fintech Companies to Freeze PoS Operator Accounts Without CAC Registration by July 7, 2024
Nigerian banks and fintech companies are set to block the accounts of Point of Sale (PoS) operators who fail to register their businesses ...
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Nigeria: NIGCOMSAT and Hotspot Forge Partnership to Enhance Rural Connectivity in Nigeria
NIGCOMSAT Limited, Nigeria’s premier provider of satellite communication infrastructure, has formed a strategic partnership with Hotspot, a leading technology firm specializing in rural ...
Nigeria
Nigeria: Telecom Operators to Engage NDPC Over Planned Levy Increase
Telecommunications operators in Nigeria are preparing to engage the Nigeria Data Protection Commission (NDPC) regarding its proposed hike in licensing fees for data ...
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Nigeria: FG to Install 90,000 km Terrestrial Fibre-optic Infrastructure, Says Edun
The Federal Government has announced plans to establish Nigeria as the third-largest terrestrial fibre-optic infrastructure nation in Africa, with the proposed installation covering ...
Nigeria
Nigeria: CBN Discontinues FX Price Verification Portal for Importers Starting July 1
The Central Bank of Nigeria (CBN) announced that it will discontinue the use of the foreign exchange price verification system portal for importers, ...
Nigeria
Nigeria: Digitalisation of Capital Market to Address Unclaimed Dividends – SEC Assures
The Securities and Exchange Commission (SEC) has announced that the digitisation of the Nigerian capital market will effectively address issues related to unclaimed ...
Nigeria
Nigeria: MPC Committed to Aggressively Tackling Inflation – Cardoso
Mr. Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), reaffirmed the Monetary Policy Committee’s (MPC) dedication to addressing Nigeria’s inflation ...
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Nigeria’s Blockchain Scene Lacks Originality, Focuses on Hype — Senator Ihenyen
From celebrity-endorsed memecoins to tap-to-earn games promising false wealth, Nigeria’s crypto and blockchain landscape is often seen as a series of get-rich-quick schemes. ...
Nigeria
Nigeria: CBN Attributes Bank Recapitalisation to Stress Test Findings and Economic Conditions
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has highlighted that the decision to increase minimum capital requirements for banks ...
Nigeria
Nigeria: SEC and NGX Group Commit to Digital Transformation of Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) and Nigerian Exchange Group Plc (NGX Group) have reaffirmed their commitment to the comprehensive digitization of Nigeria’s ...