News
Nigerian Banks Accumulate N72.723 Billion in Account Maintenance Fees in H1 2023
In the first half of 2023, 11 banks listed on the Nigerian Exchange collectively generated N72.723 billion from account maintenance charges, according to ...
Nigeria
Nigeria: DCC Advocates Urgent Regulation of Crypto Industry in Nigeria
The Digital Currency Coalition (DCC), comprising crypto asset practitioners, blockchain innovators, and founders, has emphasized the critical need for Nigeria’s federal government to ...
News
Nigeria: Naira Weakens to N995/$ on Parallel Market; Finance Minister Cites $6.8 Billion Backlog as Cause
The Nigerian naira has seen a further decline on the parallel foreign exchange market, reaching N995 to a US dollar, which is weaker ...
News
Nigeria: World Bank Approves New $700 Million Loan to Empower Adolescent Girls in Nigeria
The World Bank has granted Nigeria a fresh loan of $700 million aimed at empowering and enhancing educational opportunities for adolescent girls. This ...
News
Nigeria: FIRS Sets Ambitious Goal of Achieving 18% Tax-to-GDP Ratio in 3 Years
The Federal Inland Revenue Service (FIRS) has revealed its efforts to significantly boost Nigeria’s tax-to-Gross Domestic Product (GDP) ratio, aiming to raise it ...
News
Nigeria: CBN Indefinitely Postpones September MPC Meeting
The Central Bank of Nigeria (CBN) has officially announced the indefinite postponement of its scheduled September bi-monthly Monetary Policy Committee (MPC) meeting. The ...
Nigeria
Nigeria: CBN Launches Online License Application and Approval System for Microfinance Banks
The Central Bank of Nigeria (CBN) has introduced a new online platform for the submission of license applications by microfinance banks, marking a ...
News
Nigeria: NCC CEO Emphasizes AI’s Potential to Tackle Africa’s Challenges
Prof. Umar Garba Danbatta, the Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), has highlighted how Artificial Intelligence (AI)-driven solutions can effectively ...
News
Africa’s Tech Visionary Turned Federal Minister, Bosun Tijani to share agenda for Nigeria’s digital economy at Moonshot 2023
TechCabal, the leading convener of audacious players in Africa’s technology landscape, has announced the participation of the new Minister of Communications, Innovation, and ...
Nigeria
Nigeria Records 9% Growth in Crypto Transactions, Reaching $56 Billion
Nigeria has witnessed a remarkable 9% year-over-year growth in the volume of cryptocurrency transactions, totaling $56.7 billion during the period from July 2022 ...
