Nigeria
Nigeria: CBN Calls on Telecom Firms to Manufacture SIM Cards Locally to Ease Forex Pressure
The Central Bank of Nigeria (CBN) has urged telecommunications companies to localize the production of essential components such as SIM cards, cables, and ...
Innovation
Nigeria: CBN Raises N1.4 Trillion from Oversubscribed OMO Bills Auction
The Central Bank of Nigeria (CBN) has successfully raised ₦1.4 trillion through Open Market Operations (OMO) bills in its latest primary market auction. ...
Fintech
Nigerian Crypto Exchange Busha Lists cNGN Stablecoin, Eyes Phased Rollout
Busha, a leading Nigerian cryptocurrency exchange with a provisional license from the country’s Securities and Exchange Commission (SEC), has officially listed the compliant ...
Innovation
Nigeria: FG Seeks Strategic Partnership with Google to Boost AI Innovations
The Federal Government of Nigeria is advancing discussions with Google to drive Artificial Intelligence (AI) innovation and cloud adoption, positioning the country as ...
Nigeria
Nigeria: Reps Call for Removal of Contentious Sections from Tax Reform Bills
The House of Representatives has called for the removal of contentious clauses in the tax reform bills as the proposed legislation progressed to ...
Nigeria
Nigeria: CBN to Raise N600 Billion Through OMO Bills Auction
The Central Bank of Nigeria (CBN) is set to issue Open Market Operation (OMO) bills worth N600 billion at the primary market auction, ...
Fintech
Nigeria: Raenest Raises $11M Series A to Expand Beyond Africa; Affinity Africa Secures $8M to Scale Operations
Nigerian fintech startup Raenest has secured $11 million in Series A funding, with QED Investors leading the round alongside Norrsken22, Ventures Platform, ...
Nigeria
Nigeria: ACCI and NAICOM Collaborate to Enhance SME Insurance Awareness
The Abuja Chamber of Commerce and Industry (ACCI), through its National Policy Advocacy Centre (NPAC), has partnered with the National Insurance Commission (NAICOM) ...
Nigeria
Nigeria: CBN Revises ATM Transaction Fees, Sets Implementation Date
The Central Bank of Nigeria (CBN) has announced a revision of transaction fees for Automated Teller Machines (ATMs), with the new charges set ...
Fintech
Nigeria: The Rise of cNGN: Opportunities and Challenges for Nigeria’s Stablecoin
The launch of cNGN, Nigeria’s newest stablecoin, marks a significant step toward integrating blockchain technology with the country’s financial ecosystem. As of February ...
