News
Nigeria: Nigeria Gets N714bn from Company Income Tax
Nigerian government gets more than N714 billion from company income tax, according to the National Bureau of Statistics (NBS). In Nigeria, corporate tax ...
News
Nigeria: Kippa Receives Licence to Operate as Super-Agent
Kippa, a financial management and payments platform, has obtained a Payment Solutions Services Licence from the Central Bank of Nigeria (CBN), to operate ...
News
Nigeria: Nigeria’s internet subscriptions hit 152 million in July 2022
Subscriptions for internet across mobile, fixed and VoIP networks in the country increased to 152 million in July this year. The latest industry ...
Nigeria
Nigeria: Tribunal Slams N25m Fine Against MultiChoice
The Competition and Consumer Protection (CCPC) Tribunal sitting in Abuja, on Thursday, awarded a N25 million fine against MultiChoice Nigeria Ltd, the operator ...
Nigeria
Nigeria: Nigerian Fintech, Arca Deploys ThetaRay Solution to Mitigate Fraud
ThetaRay, a leading provider of AI-powered transaction monitoring technology, has announced that ARCA, a premier African payment services provider, will implement ThetaRay’s advanced SONAR ...
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Nigeria: UBA delivers N70 billion profit in H1 2022, up by 16%
United Bank for Africa Plc has released its interim consolidated and separate financial statement for the period ended June 2022. The report shows ...
News
Nigeria: ProvidusBank, Mastercard, Interswitch and Thales launch contactless Tap-to-Pay transactions via smart devices in Nigeria
In a move to further reduce dependency on cash transactions, stimulate innovation and drive the growth of digital payments in Nigeria, ProvidusBank together with Mastercard, Interswitch and Thales Group, ...
News
Fidelity Bank to Raise Capital via Private Placement
Fidelity Bank Plc (Ticker: FIDELITYBK) has signalled interest in issuing private placement as part of an effort to strengthen the tier-2 capital lender’s ...
Nigeria
NIN-SIM linkage pushes inactive mobile lines to 98.8 million in July 2022
A total of 98.8 million mobile lines connected to the networks of MTN, Glo, Airtel, and 9mobile have become inactive as of July ...
News
Nigeria: CBN moves against defaulting Anchor Borrowers
The Central Bank of Nigeria (CBN) has moved against beneficiaries of its Anchor Borrowers Programme who have failed to pay back their loans. ...