News
Nigeria: World Bank urges Nigeria, developing economies to leverage AI for accelerated economic growth
The World Bank has called on Nigeria and other developing economies to accelerate the adoption of artificial intelligence (AI), saying the technology has ...
Nigeria
Nigeria: MDU Capital receives SEC licence to operate as fund and portfolio manager
Magen Doxa Umerim (MDU) Capital Limited has received approval from the Securities and Exchange Commission (SEC) to operate as a licensed fund and ...
Nigeria
Nigeria: Federal Government directs MDAs to strengthen data protection compliance
The Federal Government has directed all Ministries, Departments and Agencies (MDAs) to reinforce their data protection and privacy practices as part of efforts ...
Nigeria
Nigeria: African Alliance submits recapitalisation plan to NAICOM following regulatory handover
African Alliance Insurance Plc has announced that it has submitted its recapitalisation plan to the National Insurance Commission (NAICOM) and is awaiting further ...
News
Nigeria’s Project BRIDGE aims to deploy 90,000km fibre network by 2030
Nigeria is taking a significant step toward strengthening its digital infrastructure with Project BRIDGE, an ambitious national initiative designed to expand broadband connectivity ...
Nigeria
Nigeria introduces 1.5% stamp duty on cryptocurrency purchases under new NRS tax rules
Buying cryptocurrencies such as Bitcoin, USDT and other virtual assets in Nigeria will now attract additional costs following the introduction of a 1.5 ...
Ghana
Ghana: Bank of Ghana flags 20 unlicensed digital loan apps, warns consumers
The Bank of Ghana (BoG) has cautioned the public against using 20 digital loan applications operating without the required regulatory approval, reiterating its ...
Nigeria
Nigeria introduces tax framework for cryptocurrency profits under new NRS guidelines
Profits and income generated from cryptocurrency and other virtual asset transactions are now taxable in Nigeria following the release of comprehensive tax guidelines ...
Nigeria
Nigeria: Middle East tensions limit CBN’s policy flexibility in inflation fight
Escalating geopolitical tensions in the Middle East continue to pose significant risks to the global economy, narrowing the Central Bank of Nigeria’s (CBN) ...
Nigeria
Nigeria: CBN says stronger fintech regulations will promote fair competition
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening regulatory oversight of the fintech and digital payments ecosystem, stating that ...
