Nigeria
Nigeria: CBN Slaps ₦20 Million Fine on PoS Operators for Unapproved Ownership Transfers
The Central Bank of Nigeria (CBN) has introduced a new set of penalties targeting Point-of-Sale (PoS) and agent banking operators, imposing fines of ...
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Nigeria: Tijani, NITDA DG to Lead Discussions at FIN AI Forum Ahead of Silicon Valley Expo
Nigeria’s Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, alongside the Director-General of the National Information Technology Development Agency (NITDA), Kashifu ...
Nigeria
Nigeria: CBN Reaffirms Commitment to Price and Monetary Stability — Cardoso
The Central Bank of Nigeria (CBN) has reiterated its commitment to restoring price and monetary stability through the sustained implementation of policy reforms ...
Nigeria
Nigeria: CBN will restrict POS agents to work with only one principal from April 2026
The Central Bank of Nigeria (CBN) has announced that, effective April 1, 2026, all Point-of-Sale (POS) agents across the country will be restricted ...
Nigeria
Nigeria: CBN Enforces Stricter Sanctions on Illegal Agent Banking, Introduces N5 Million Minimum Fine
The Central Bank of Nigeria (CBN) has issued a stern warning to financial institutions and operators within the agent banking sector, announcing new ...
Nigeria
Nigeria Appoints Four Startup Leaders to National Innovation Council, Advancing Startup Act Implementation
The National Information Technology Development Agency (NITDA) has announced the appointment of four key figures from Nigeria’s startup ecosystem to the National Council ...
Nigeria
Nigeria: NITDA Calls on Nigerians to Strengthen Cyber Hygiene and Take Charge of Online Safety
The National Information Technology Development Agency (NITDA) has called on Nigerians to take greater personal responsibility for protecting themselves against the growing wave ...
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Nigeria: AfriGO Processes Over N70 Billion in Transactions in 2025, Driving Nigeria’s Financial Inclusion Agenda
Nigeria’s first domestic payment card, AfriGO, has recorded over N70 billion in transactions in 2025, underscoring its rapid adoption nationwide and growing role ...
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Nigeria: ntel plots 2026 comeback with new funding and strategic overhaul
Nigeria’s telecommunications operator, ntel, is gearing up for a major comeback in the first quarter of 2026 after securing new funding facilitated by ...
Nigeria
Nigeria: Pension Funds Key to Bridging Nigeria’s Infrastructure Deficit — PenOp
The Pension Fund Operators Association of Nigeria (PenOp) has reaffirmed that pension funds remain critical to financing Nigeria’s vast infrastructure needs, describing the ...
