News
Nigeria: NDIC verifies defunct Peak Merchant Bank depositors
The Nigeria Deposit Insurance Corporation has commenced verification of insured depositors of Peak Merchant Bank in-liquidation towards payment of its insured sums. According ...
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Nigeria: Diaspora Nigerians remitted $168bn in eight years – World Bank report
The Nigerian Diaspora community has remitted $168.33bn to the country in the past eight years, according to World Bank reports collated by our ...
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Nigeria: Financial Crime Convictions Rising in Nigeria, Says EFCC
The Economic and Financial Crimes Commission (EFCC) says conviction figures from economic and financial crime prosecutions in 2023 are rising across various commands ...
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Nigeria: The Rise of Crypto Adoption in Nigeria: Unlocking New Opportunities in Africa’s Largest Economy
In recent years, Nigeria has emerged as a hotbed for cryptocurrency adoption, with its citizens embracing digital currencies as a means of financial ...
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Nigeria: Internet users in Nigeria rose to 154m in Q4 2022
The National Bureau of Statistics has disclosed that Nigeria’s internet users grew to 154.8 million in the fourth quarter of 2022. The bureau ...
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Nigeria: CBN dormant account policy triggers anxiety in banking sector
Banks and their customers have raised concerns over the Central Bank of Nigeria’s proposed plan to mop up funds from dormant accounts. While ...
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Nigeria: Network International strengthens partnership with Polaris Bank to deepen financial inclusion in Nigeria
Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has renewed its partnership with one ...
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Nigeria: How NCC Is Ushering Nigeria Into The Next Digital Frontier
In the last couple years, Nigerian Communications Commission (NCC), the national telecommunications regulatory agency, Nigeria has been steadily matching into the next digital ...
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Nigeria: NITDA warns Nigerians over fake ChatGPT websites
The National Information Technology Development Agency (NITDA) has warned Nigerians to be wary of fake and fraudulent ChatGPT websites being promoted on Facebook. ...
Nigeria
Nigeria: proptech HouseAfrica raises $400,000 to grow its team
Nigerian proptech HouseAfrica has announced the successful completion of a $400,000 funding round. The operation was led by investors such as Future Africa, ...
