News
Nigeria: New NCC Executive Vice Chairman Pledges to Boost Broadband Penetration to 90% by 2025
Dr. Aminu Maida, the newly appointed Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), has unveiled an ambitious plan to increase ...
Innovation
Nigeria: Bosun Tijani Unveils Groundbreaking Artificial Intelligence Research Initiative to Drive Innovation in Nigeria
In a significant move to bolster AI-focused enterprises and researchers, Nigeria has introduced the Artificial Intelligence Research Scheme. The initiative was launched by ...
News
Nigeria: BankID- A Game-Changer for Digital Identity in Nigeria
Amid Nigeria’s digital revolution, a groundbreaking innovation has emerged—BankID, a product brought to life by Finsel DGI, a fully Nigerian-owned venture. The brainchild ...
Nigeria
Nigeria: FIRS to Commence Nationwide VAT Compliance Review and Audit of Companies and Entities
The Federal Inland Revenue Service (FIRS) of Nigeria has set a two-week deadline for all tax agents across the country to remit Value ...
News
Nigeria: MediaTek Partners with Airtel Nigeria to Elevate Mobile Connectivity in Nigeria
MediaTek, a prominent global fabless semiconductor company that powers nearly 2 billion connected devices each year, has joined forces with Airtel Nigeria, a ...
Nigeria
Nigeria: Telcos Contemplate USSD Service Withdrawal Amid N120 Billion Debt Dispute with Banks
Telecommunication companies are contemplating a potential withdrawal of Unstructured Supplementary Service Data (USSD) services provided to Deposit Money Banks (DMBs) as a final ...
News
Nigeria: I&E Forex Window Records $53.02 Million Turnover Following CBN’s Lifting of Forex Ban
After the Central Bank of Nigeria (CBN) lifted the forex ban on 43 items, the Investor & Exporter (I&E) forex window saw a ...
Nigeria
Nigeria: CBN Deducts N430 Billion from Banks as Short-Term Rates Decline
Amid economic uncertainties, the Central Bank of Nigeria (CBN) has imposed a substantial penalty of N430 billion on banks for their failure to ...
News
Nigeria: PenCom Reports Strong Growth in Retirement Savings Accounts and Assets
The National Pension Commission (PenCom) has revealed impressive progress in the number of Retirement Savings Accounts (RSAs) and pension assets under management, marking ...
News
Nigeria: Naira Faces Depreciation Despite Reversal of Unsuccessful FX Policy
The Nigerian Naira continues to depreciate, with market participants trading the US dollar at N764.86, as persistent pressures on the local currency persist ...
