Nigeria
Nigeria: NDPC to Impose Sanctions on MDAs’ Executives for Data Breaches
The Nigeria Data Protection Commission (NDPC) has announced that it will now hold chief executives of government Ministries, Agencies, and Departments (MDAs) accountable ...
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Nigeria: Ecobank Introduces Affordable Loans for Tech Companies and Entrepreneurs
In Nigeria, accessing funding for business growth has often been a challenge for entrepreneurs, especially in the technology sector, as there are limited ...
Nigeria
Nigeria: CBN’s Reform Demands and the Concerns over Privacy Intrusion
The recent release of new customer due diligence regulations by the Central Bank of Nigeria (CBN) highlights the importance of effective regulation in ...
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Nigeria: Banks’ Borrowings from CBN Surge by 140% to N10.35 Trillion
The borrowing trend among banks in Nigeria has shown a significant increase, as their reliance on the Central Bank of Nigeria (CBN) intensifies. ...
Africa
Africa: East African e-Pharmacy Startup MYDAWA Raises $20 Million in Largest Funding Round Yet
MYDAWA, an e-pharmacy platform operating in Kenya and the broader East African region, has successfully raised $20 million in its latest funding round, ...
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Nigeria: CBN to Intervene as Point-of-Sale (POS) Operators Implement Rate Hike
The Central Bank of Nigeria (CBN) has announced its intervention to address the concerns arising from the new charges introduced by Point of ...
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Nigeria: Zenith Bank Retains Position as Number One Lender by Tier-1 Capital
Zenith Bank Plc has retained its ranking as the Number One Bank in Nigeria by Tier-1 Capital in the 2023 Top 1000 World ...
News
South Africa: South Africa Consumer Confidence Slumps in Q2
Consumer confidence in South Africa fell to -25 points in the second quarter from -23 points in the prior three-month period, the Bureau ...
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Nigeria: FirstBank Nigeria Introduces Humanoid Robot for Customer Engagement
FirstBank Nigeria Ltd. has made a groundbreaking move by introducing a humanoid robot at its Adetokunbo Ademola VI, Lagos Digital Experience Centre (DXC) ...
News
Nigeria’s NIN Enrollments Surpass 101 Million as of June 2023
As of June 26, 2023, the National Identification Number (NIN) enrollment in Nigeria has reached a milestone of 101 million, according to the ...