Fintech
Global: JP Morgan Set to Secure Merchant Banking License in Nigeria, Accelerates African Expansion
Global banking leader JP Morgan is reportedly advancing plans to transform its Lagos representative office into a fully licensed merchant banking operation, signaling ...
Nigeria
Nigeria: ISA 2025 Set to Accelerate Economic Growth and Capital Market Innovation — SEC
The Securities and Exchange Commission (SEC) has described the upcoming Investments and Securities Act (ISA) 2025 as a transformative legislative framework poised to ...
Fintech
Nigeria: Sterling Bank Launches Zero-Transfer Fee Initiative, Reinforces Commitment to Digital Banking Inclusion
In a strategic move to redefine digital banking in Nigeria, Sterling Bank has introduced a zero-transfer fee policy on all local online transactions, ...
Nigeria
Nigeria: SEC Warns Ponzi Scheme Operators: 10-Year Jail Term, N20 Million Fine Under New Law
The Securities and Exchange Commission (SEC) has declared that individuals and entities promoting or operating Ponzi schemes now face a minimum fine of ...
Nigeria
Nigeria: NESG Advocates VAT Increase to Sustain Government Revenue Amid Tax Reforms
The Nigeria Economic Summit Group (NESG) has urged the Federal Government to increase the Value-Added Tax (VAT) rate as part of its ongoing ...
Fintech
Nigeria: PayZeep Expands Fintech Solutions to Drive Nigeria’s Digital Payment Transformation
Nigerian fintech innovator PayZeep is reinforcing its commitment to advancing digital payments and expanding financial access as part of Nigeria’s evolving fintech landscape. ...
Fintech
Nigeria’s cNGN Stablecoin Seeks Listings on Yellow Card, Roqqu to Accelerate Adoption
The Africa Stablecoin Consortium (ASC), developers of Nigeria’s first regulatory-approved stablecoin, cNGN, are in early-stage discussions with leading African crypto exchanges, Roqqu and ...
Nigeria
Nigeria: NDIC to Commence Liquidation Dividend Payments for Heritage Bank’s Uninsured Depositors in April 2025
The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to initiate the first phase of liquidation dividend payments for uninsured depositors of the ...
Fintech
GTCO Achieves Record-Breaking Financial Performance in 2024, Doubling Profit Before Tax
Guaranty Trust Holding Company Plc (GTCO) has reported an exceptional financial performance for the year ending December 31, 2024, achieving a record-breaking profit ...
Nigeria
Nigeria: House of Representatives Affirms Financial Reporting Council Act Remains in Effect
The House of Representatives has reaffirmed that the Financial Reporting Council (FRC) Act, 2023 remains legally binding and operational unless amended through the ...
