Nigeria
Nigeria: Regulators Applaud New Lending Rules to Expand Credit Access and Inclusion
Nigeria’s digital lending space is set for a major transformation as new regulations compel telecommunications operators and digital lenders to share loan repayment ...
Africa
Africa: Interswitch Calls for Stronger Corporate Governance and Unified Licensing Framework in African Fintech
Interswitch Group, one of Africa’s leading integrated payments and digital commerce companies, has underscored the need for strategic regulatory engagement and partnerships to ...
News
Nigeria: Globacom Faces NCC Deadline to Appoint Independent CEO or Risk Sanctions
The Nigerian Communications Commission (NCC) has given Globacom 24 months to appoint a chief executive officer separate from its board chairman—or face regulatory ...
Nigeria
Nigeria: NAICOM Sets Up Committee to Drive Insurance Industry Recapitalisation
The National Insurance Commission (NAICOM) has inaugurated an 11-member committee to oversee the insurance sector’s recapitalisation programme, following President Bola Tinubu’s recent assent ...
News
Nigeria: NIMC Targets 30% Service Delivery Boost With New Service Charter
The National Identity Management Commission (NIMC) has launched a Service Charter aimed at improving service delivery by 30% within the next year, focusing ...
Kenya
Kenya: HoneyCoin Raises $4.9M to Accelerate Payment Infrastructure Expansion Across Emerging Markets
Kenyan fintech HoneyCoin has secured $4.9 million in seed funding to expand its stablecoin-powered payment infrastructure across Africa, Latin America, and Asia. The ...
Nigeria
Nigeria: SEC Nigeria Teams Up with Chainalysis to Strengthen Crypto Fraud Detection
The Securities and Exchange Commission (SEC) has partnered with blockchain analytics firm Chainalysis to enhance its ability to detect and combat cryptocurrency-related fraud, ...
News
Nigeria: Tinubu Names Idris Olorunnimbe as NCC Chairman, Constitutes USPF Board
President Bola Ahmed Tinubu has appointed Idris Olorunnimbe as Chairman of the Nigerian Communications Commission (NCC), the country’s telecommunications regulator. The appointment coincides ...
Nigeria
Nigeria: Federal Government Deploys E-Fiscal Platform to Strengthen Tax Compliance
The Federal Government has launched a national Electronic Fiscal System (EFS) to modernise tax administration, curb evasion, and improve transparency in revenue collection ...
News
Tanzania’s Instant Payment Transactions Soar to $11.6 Billion in 2024
Tanzania’s real-time payment transactions surged in 2024, with the Tanzania Instant Payment System (TIPS) processing TSh29.9 trillion (US$11.6 billion) by year-end—more than double ...
