Nigeria
Nigeria: NDIC Reiterates Two-Week Deadline for Banks to Resolve Customer Complaints
The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its directive requiring all deposit money banks to resolve customer complaints within two weeks, emphasizing ...
Kenya
Kenya: KRA Plans to Introduce a New Automated Digital System to Validate Tax Returns
The Kenya Revenue Authority (KRA) is rolling out a new automated digital system to validate tax returns starting January 1, 2026. This system ...
News
Nigeria: Equinix Unveils Plans for $22 Million Data Centre in Lagos to Boost West Africa’s Digital Infrastructure
Global digital infrastructure leader Equinix has announced plans to establish a new $22 million data centre in Lagos, marking its first greenfield facility ...
Nigeria
Nigeria: LCFE, PENCOM Forge Path for Pension Fund Investments in Gold-backed Securities
The Lagos Commodities and Futures Exchange (LCFE), and National Pension Commission (PenCom), have announced plans to explore strategies for expanding investment opportunities in gold-backed securities through Nigeria’s ...
News
Nigeria: Standard Chartered Phases Out Personal Banking, Introduces Emerging Affluent Segment with New Minimum Balance Rule
Standard Chartered Bank has announced a major shift in its retail banking strategy, confirming that customers will be required to maintain a minimum ...
Nigeria
Nigeria: ALTON Calls for Clearer Regulatory Boundaries in Nigeria’s Digital Economy Bill
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has urged the National Assembly to ensure clarity, collaboration, and regulatory harmony in the ...
Nigeria
Nigeria: Laws strengthen bank-failure prosecution, says NDIC boss
The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation, Mr Thompson Sunday, has stated that the new laws have strengthened the corporation’s ...
News
Nigeria: National Payment Stack Records First Live Transaction, Signaling New Era in Nigeria’s Digital Payments
Nigeria has recorded the first live transaction on the National Payment Stack (NPS), marking a significant milestone in the country’s transition to a ...
Africa
Africa: Mastercard Says Global Tech Can Enable Scalable Infrastructure for African Banks, Fintechs
Mastercard has called on African banks and fintech companies to adopt global technology tools to strengthen and expand their digital infrastructure across the ...
News
Nigeria: NAICOM to Commence Feedback on Review of Operators’ Plans
The commissioner for Insurance, Mr Olusegun Ayo Omosehin has given an update on the insurance sector’s preparation for the on going recapitalisation exercise ...
