Nigeria
Nigeria: Tinubu Directs Suspension of Cybersecurity Levy Implementation
President Bola Tinubu has instructed the Central Bank of Nigeria (CBN) to halt the enforcement of the contentious cybersecurity levy policy and initiate ...
Ethopia
Ethiopia’s Potential Benefits from Integrating Digital ID and Tax System, ICTD Finds
An independent analysis suggests that integrating Ethiopia’s national ID system, Fayda, with its tax system could yield numerous advantages, including enhancing tax data ...
Nigeria
Nigeria: Banks stop collection of deposits processing fees
Some banks have started the implementation of the Central Bank of Nigeria’s directive on the extension of the commencement of processing fees on ...
News
Nigeria: FBNQuest Merchant Bank Records Remarkable 43.1% Growth in Gross Earnings for 2023
FBNQuest Merchant Bank, a prominent Nigerian investment banking and asset management subsidiary under FBN Holdings Plc, has announced a substantial increase in its ...
Kenya
Kenya Unveils Ambitious Plans for Digital ID and Biometric Passports
Kenya is making significant strides in its digital transformation journey, with the introduction of the new generation Maisha Namba digital ID and plans ...
Nigeria
Nigeria: SEC Proposes N10 Million Penalty for Unapproved Securities Issuance
The Securities and Exchange Commission (SEC) has put forward a proposal to impose a penalty of N10 million for the issuance of private ...
News
Nigeria: IMF Urges CBN to Withdraw Forbearance for Deposit Banks
The International Monetary Fund (IMF) has strongly advised the Central Bank of Nigeria (CBN) to phase out the regulatory forbearance granted to Deposit ...
Africa
Africa Tech Summit London Announces 15 Ventures for the 2024 Investment Showcase at London Stock Exchange on June 7th
Africa Tech Summit (ATS) London will celebrate the eighth edition at the London Stock Exchange on June 7th, 2024, and is thrilled to ...
Nigeria
Nigeria: Presidential Committee Recommends VAT Increase and New Revenue Sharing Formula
The presidential committee on fiscal policy and tax reforms has proposed an increase in the value-added tax (VAT) rate, along with a revision ...
Africa
Africa: Access Bank and Mastercard Forge Path for Cross-Border Payments in Africa
Access Bank Group, in collaboration with Mastercard, has launched an innovative solution aimed at enhancing access to cross-border payments and remittances in and ...