Nigeria
Nigeria: Reps probes tax deductions, multiple charges by banks
The House of Representatives has inaugurated an ad-hoc committee to investigate growing concerns over excessive tax deductions from the earnings of civil and ...
News
Nigeria: FirstBank redeems $350m Eurobond
FirstBank of Nigeria Limited, a subsidiary of FBN Holdings Plc (FirstHoldCo), has successfully redeemed its $350m subordinated Eurobond due October 2025, reaffirming its ...
Nigeria
Nigeria’s Telecom Sector Enters New Era as Olorunnimbe, Maida Lead Fully Reconstituted NCC Board
Nigeria’s telecommunications industry — valued at over $75 billion and contributing nearly 16% to national GDP — is poised for renewed regulatory momentum ...
Nigeria
Nigeria moves to create single powerful regulator for fintechs with proposed bill
Nigeria’s House of Representatives, the 360-member lower chamber of the National Assembly, is considering a bill sponsored by Hon. Fuad Kayode Laguda, a ...
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Africa: MTN Fintech Recognized for Advancing Digital Literacy and Financial Inclusion Across Africa
MTN Group Fintech has achieved a historic milestone by becoming the first recipient of the Regional Platform Business Award at MTN’s prestigious Y’ello ...
Nigeria
Nigeria: FIRS, Judiciary Deepen Collaboration to Address Emerging Tax Challenges
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has commended the Nigerian judiciary for its consistent, well-grounded tax rulings, ...
Nigeria
Nigeria: Bank Charges, Multiple Taxes Major Burden for Nigerian Businesses
A survey by the Central Bank of Nigeria (CBN) has revealed that high bank charges, multiple taxation, and poor infrastructure remain the leading challenges confronting ...
Nigeria
Nigeria’s Central Bank Moves to Redefine Fintech Policy in Global Push for Innovation
The Central Bank of Nigeria (CBN) has renewed its commitment to aligning financial innovation with sound regulation, hosting a fintech roundtable on the ...
News
Nigeria: Flutterwave, Paga CEOs Celebrate Nigeria’s FATF Delisting as Catalyst for Cross-Border Payments and Economic Growth
Chief executives of leading Nigerian fintech firms, including Flutterwave and Paga, have commended Nigeria’s removal from the Financial Action Task Force (FATF) grey ...
Nigeria
Nigerians trade $50bn in crypto, ignore capital market, says SEC
Nigeria’s capital market regulator, the Securities and Exchange Commission, has raised concerns over the growing preference of Nigerians for cryptocurrency trading over investments ...