News
Nigeria: EFCC arrests man for $200,000 cryptocurrency fraud in Lagos
The Economic and Financial Crimes Commission has arrested one Precious Omonkhoa for an alleged $200,000 (about N108 million) bitcoin investment scam. Omonkhoa was ...
Nigeria
Nigeria: NITDA, FCCPC to sanction money lending fintechs for abuse of customers’ data privacy
The National Information Technology Development Agency (NITDA) has entered into a strategic partnership with the Federal Competition and Consumer Protection Commission (FCCPC) to ...
Innovation
Nigeria: Ecobank Nigeria sensitizes customers on e-Naira
Ecobank Nigeria has commenced an intensive sensitization of its customers on the inherent benefits of the e-Naira, which was recently introduced by the ...
News
Nigeria: SEC says there is ample room for additional issuance of Green Bonds
The Securities and Exchange Commission (SEC) has stated that there is enough room for more issuance of green bonds. This was disclosed by ...
News
Nigeria: Coronation Insurance Assets Hit N41.15bn
Coronation Insurance has posted total assets of N41.15billion at the end of the third quarter of 2021 as against N39.72billion recorded in same ...
News
Nigeria’s FX reserves to surpass $42 b mid-2022 – Emefiele
Nigeria’s foreign reserves will surpass the $42 billion threshold by the middle of next year, the Central Bank of Nigeria (CBN) Governor, Mr. ...
Intelligence
Nigeria: MTN loses 7.5m subscribers over SIM card regulations, pays N73.3b tax in H1
The Federal Government of Nigeria’s Subscriber Identification Module (SIM) card regulation has cut off about 7.5 million subscribers year-on-year (YoY) for the quarter ...
News
Nigeria: NCC awards N20m grant to four startups
The Nigerian Communications Commission has awarded N20 million grant to four Nigerian tech startups. This is in furtherance of its commitment to encourage ...
Nigeria
IdentityPass secures $360,000 Pre seed Funding to change digital identity verification experience across Africa
Identitypass, a Nigerian digital compliance and security company, which delivers seamless identity verification solutions to businesses in Africa has today secured $360,000 in ...
Nigeria
Nigeria: CBN Caps Loan at N5bn in New ‘100 for 100’ Policy
The Central Bank of Nigeria (CBN) has set a maximum threshold of N5 billion to be accessed by an obligor under its new ...