News
Nigeria Secures $14bn Investment from India and €250m from the Netherlands
During a recent ministerial press briefing in Abuja, Foreign Affairs Minister Yusuf Tuggar announced that Nigeria has attracted a significant $14 billion investment ...
News
Nigeria: CBN’s Sustained FX Interventions Ease Naira Pressure
The Nigerian naira saw a slight depreciation against the US dollar across the foreign exchange (FX) market as the Central Bank of Nigeria ...
Innovation
Nigeria: BOI Unveils ₦10bn GLOW Fund to Boost Female Entrepreneurship
The Bank of Industry (BOI) has introduced the Project Guaranteed Loans for Women (GLOW) initiative, a ₦10 billion special intervention fund aimed at ...
Fintech
Nigeria: FIRS Collaborates with Flutterwave to Digitize Tax Collection
The Federal Inland Revenue Service (FIRS) has integrated Flutterwave’s payment technology to modernize tax collection, marking a significant step toward digitizing Nigeria’s tax ...
Innovation
Nigeria: NIPSS Embraces Digital Transformation with Launch of Paperless E-Classroom Platform
Following the submission of its landmark report on Nigeria’s digital economy to President Bola Ahmed Tinubu, the National Institute for Policy and Strategic ...
Africa
Africa: AUDA-NEPAD to Launch Digital Dashboard for Enhanced Transparency in Africa’s Mega Infrastructure Projects
The African Union Development Agency – NEPAD (AUDA-NEPAD) is set to enhance transparency and accountability in Africa’s infrastructure development through the launch of ...
Fintech
Nigeria: UBA Launches AfriGo Card to Boost Domestic Transactions and Financial Inclusion
United Bank for Africa (UBA) has introduced the AfriGo Card, a domestic card scheme designed to enhance naira-denominated transactions and strengthen financial inclusion ...
Fintech
Nigeria: KPMG Report Advocates Blockchain Adoption in Nigeria as Crypto Transactions Reach $59 Billion
Despite the Central Bank of Nigeria’s (CBN) restrictions on cryptocurrency trading, Nigeria accounted for an estimated $59 billion in virtual currency transactions between ...
Kenya
Kenya: Safaricom’s M-PESA Slips Again as Airtel Money Gains Ground
Safaricom’s M-PESA continues to face mounting competition in Kenya’s mobile money sector, recording its fifth consecutive quarterly decline in market share as rival ...
Fintech
Nigeria: GTCO’s HabariPay Expands Fintech Strategy with New Licences, Eyes Future of Digital Transfers
As Nigeria’s fintech sector continues to reshape the financial landscape, GTCO’s fintech subsidiary, HabariPay, is positioning itself as a key player by expanding ...