Nigeria
Kenya’s DigiTax Secures FIRS Approval to Power Nigeria’s E-Invoicing Regime
DigiTax, a Nairobi-based e-invoicing technology firm, has received formal accreditation from Nigeria’s Federal Inland Revenue Service (FIRS) as an Access Point Provider and ...
Nigeria
Nigeria: SEC Raises Alarm Over $2.1bn in Suspicious Crypto Transactions Across West Africa
The Securities and Exchange Commission (SEC) has expressed growing concern over the surge in illicit cryptocurrency activities in West Africa, with the Director-General, ...
Nigeria
Nigeria: Balancing Regulatory Independence and Stakeholder Engagement – FRC Amendment Debate
The recent suspension of certain provisions within the Financial Reporting Council (FRC) Amendment Act 2023—following pushback from private sector stakeholders—has reignited debate around ...
News
Nigeria: Stanbic IBTC Unveils ‘APPbility’ to Redefine Digital Banking Experience
Stanbic IBTC Holdings PLC has unveiled APPbility, an upgraded version of its mobile banking app, as part of its strategy to deepen digital ...
Nigeria
Nigeria: CBN Maintains Policy Rates Amid Global Uncertainty and Domestic Inflation Challenges
In response to persistent global economic turbulence and complex domestic inflation dynamics, the Central Bank of Nigeria (CBN) has opted to maintain its ...
Nigeria
Nigeria: NIMC Confirms Full Migration of Telecom Operators to Upgraded NIN Verification Platform
The National Identity Management Commission (NIMC) has announced the successful migration of all telecommunications operators in Nigeria to its upgraded National Identification Number ...
Nigeria
Nigeria: Afriex Expands Cross-Border Payment Services into China, India, and Pakistan
Afriex, a fast-growing money transfer startup headquartered in Lagos and San Francisco, has announced its expansion into Asia’s three largest remittance corridors—China, India, ...
Nigeria
Nigeria: NCC Calls for Unified Legal and Governmental Collaboration to Drive Nigeria’s Digital Transformation
The Nigerian Communications Commission (NCC) has called for stronger collaboration between government institutions and the legal community to effectively drive Nigeria’s digital transformation ...
Nigeria
Nigeria: FIRS Halts Issuance of Tax Exemption Certificates to Pioneer Firms, NGOs, and Others
The Federal Inland Revenue Service (FIRS) has officially discontinued the issuance of tax exemption certificates across all taxpayer categories, including pioneer status companies, ...
Nigeria
Nigeria: CAC Set to Delist More Non-Compliant Companies
The Corporate Affairs Commission (CAC) has initiated a fresh round of company delistings as part of its ongoing efforts to enforce compliance with ...