News
Nigeria: Dollar Strengthens Further Against Naira, Reaches N1,350/$
Once again, the Nigerian naira experienced a decline, reaching N1,350 per dollar in the parallel segment of the foreign exchange (FX) market on ...
News
Foreign Exchange Regulatory Reform (May 29 2023 to April 2024) Implications for Fintechs and other stakeholders.
Doing business in Nigeria is rewarding but can pose significant challenges, particularly concerning foreign exchange (forex) management and repatriation. Whether it’s cross-border e-commerce ...
News
Nigeria: MTN Unveils Meetings+ Platform as It Aims for TechCo Status by 2025
MTN Nigeria is embarking on a profound transformation, with the goal of evolving from a telecommunications company (telco) into a comprehensive technology entity, ...
News
Rwanda: Fintech Surges Ahead as Rwanda’s Premier Growth Sector
Rwanda’s fintech sector has emerged as one of the fastest-growing industries, as highlighted in the 2024 Monetary Policy and Financial Stability Statements report ...
Africa
Nigeria: Olugbenga Agboola Appointed Vice Chair of US-Africa Business Center
In a significant development, Olugbenga Agboola, the founder and CEO of Flutterwave, has been named as the vice chair of the board of ...
Nigeria
Nigeria: Tinubu and Bill Gates Propose Digital Identity Platform for Streamlined Tax Collection
Bill Gates, former CEO of Microsoft, revealed during a meeting with President Bola Tinubu at the World Economic Forum (WEF) in Saudi Arabia ...
News
Nigeria: CBN Reports 19% Decrease in PoS Transactions in Q1 2024
The Central Bank of Nigeria (CBN) has revealed a 19% decline in Point-of-Sale (PoS) transactions in Nigeria during the first quarter (Q1) of ...
Nigeria
Nigeria: NDIC Launches Anti-Corruption and Transparency Unit
The Nigeria Deposit Insurance Corporation (NDIC) has inaugurated an Anti-Corruption and Transparency Unit (ACTU) at its headquarters in Abuja, marking a significant step ...
News
Nigeria: Moniepoint MFB MD Advocates Hybrid Approach for Financial Inclusion
Babatunde Olofin, the Managing Director of Moniepoint MFB, underscores the pivotal role of microfinance banks in advancing financial inclusion across Nigeria. His remarks ...
Africa
Africa: PwC Report: 21 African Nations Introduce Tax Laws for Digital Services in Response to Growing Digital Economy
IA recent report by PricewaterhouseCoopers (PwC) reveals that twenty-one African countries have implemented regulations requiring non-resident suppliers to account for value-added tax (VAT), ...