News
Nigeria: Paga partners PayPal to enable cross-border payments for Nigerian users
Nigerian fintech company Paga has partnered with global payments giant PayPal to launch live account linking in Nigeria, allowing users to receive and ...
Nigeria
Nigeria: CBN grants national operating licences to Opay, Moniepoint, Palmpay, others
The Central Bank of Nigeria (CBN) has upgraded the operating licences of several leading FinTech firms and microfinance banks to national status, allowing ...
Nigeria
Nigeria: New tax law targets double taxation, strengthens compliance – NRS
The Federal Government has rolled out new measures aimed at reducing double taxation, widening the tax base and improving compliance under Nigeria’s revised ...
Nigeria
Nigeria: FCCPC begins enforcement against non-compliant digital lenders
The Federal Competition and Consumer Protection Commission (FCCPC) has begun a phased enforcement process against Digital Money Lending (DML) operators that failed to ...
News
Nigeria: Unified identity data can curb predatory lending, says eTranzact
The Chief Executive Officer of eTranzact Plc, Niyi Toluwalope, has called for the adoption of a unified and tokenised national identity system as ...
Nigeria
Nigeria: Cash, digital payments must coexist, says NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has reaffirmed the continued relevance of cash in Nigeria’s payment ecosystem, stressing that physical cash must coexist ...
News
Nigeria: BOI names Olayinka Mubarak Managing Director of Investment & Trust arm
The Bank of Industry (BOI) has appointed Olayinka Mubarak as the Managing Director of BOI Investment & Trust Company Limited (BOI-ITC), its wholly ...
News
Nigeria: Dalu Ajene Emerges Standard Chartered CEO Africa
Standard Chartered has appointed Mr. Dalu Ajene as the Chief Executive Officer of the Bank’s operations in Africa with dual responsibilities as the ...
News
Nigeria: FCMB Clears National Capital Threshold, Sets Sights on International Expansion
FCMB Group Plc has successfully secured a national banking licence for its flagship subsidiary, following a major capital raise that ensures uninterrupted domestic ...
News
Nigeria: FCMB secures national banking licence after meeting N200bn capital requirement
FCMB Group Plc has obtained a national banking licence for its core subsidiary, First City Monument Bank, after completing a major capital raise ...