Nigeria
Nigeria: FRC Urges Financial Institutions to Embrace Sustainability Reporting
Dr. Rabiu Olowo, Executive Secretary/Chief Executive Officer of the Financial Reporting Council of Nigeria (FRC), has called on financial institutions to incorporate sustainability ...
Egypt
Egypt: Cartona Secures $8.1 Million in Series A Extension to Accelerate Growth Across Egypt and MENA
Cartona, the leading B2B e-commerce marketplace based in Egypt, has successfully closed an $8.1 million Series A extension round. This new funding will ...
Africa
Africa: Educatly Secures $2.5 Million to Expand Operations Across the Middle East and Africa
Educatly, an innovative Egyptian platform specializing in student recruitment, has raised $2.5 million in its latest funding round to support its expansion across ...
News
Nigeria: Galaxy Backbone Launches 1Government Cloud Solution to Enhance Digitalization in Nigerian Government
Galaxy Backbone (GBB) is advancing Nigeria’s digital transformation with its new 1Government Cloud solution, a unified Infrastructure and Software as a Service (IaaS ...
Ethopia
Ethiopia Secures $3.4 Billion IMF Loan Following Currency Float
Ethiopia has secured a $3.4 billion loan from the International Monetary Fund (IMF) after implementing a significant economic reform by floating its currency. ...
Nigeria
Nigeria: Lagos State Government to Implement Tax on Remote Workers and Digital Influencers
In a bid to boost revenue in the digital economy, the Lagos State government is set to launch the Resident Global Digital Citizen ...
Nigeria
Nigeria: CBN Introduces Policy to Manage Dormant Account Balances: What You Need to Know
Last week, the Central Bank of Nigeria (CBN) unveiled a significant policy initiative known as the “Unclaimed Balances Trust Fund (UBTF) Pool Account,” ...
Nigeria
Nigeria: NCC Orders Immediate Restoration of Blocked SIMs Amid Subscriber Protests
The Nigerian Communications Commission (NCC) has directed telecommunication companies to promptly restore all telephone lines blocked due to the non-linkage of National Identification ...
Nigeria
Nigeria: EFCC Enhances Strategy to Combat Financial Corruption and Illicit Dollar Flow – Olukoyede
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has announced that the Commission is “re-strategizing” to tackle financial ...
Nigeria
Nigeria: SEC Approves Extension of Fidelity Bank’s Public Offer
The Securities and Exchange Commission (SEC) has approved a 14-day extension for Fidelity Bank’s Public Offer and Rights Issue. Originally set to close ...