Algeria
Algeria Joins Pan-African Payment System, Strengthening Africa’s Financial Integration
The Pan-African Payment and Settlement System (PAPSS) has expanded its footprint with the official inclusion of the Bank of Algeria, making Algeria the ...
News
Nigeria: eTranzact CEO Unveils Key Insights on AI Readiness for Nigerian SMEs at Landmark Report Launch
eTranzact International Plc, in collaboration with the Enterprise Development Centre (EDC) of Pan-Atlantic University, has launched a pioneering report on the AI Readiness ...
Nigeria
Nigeria: Stable Policies and Rural Connectivity Drive Surge in Telecom Investments in Nigeria — CIDG
Nigeria’s telecommunications sector is witnessing an unprecedented surge in both local and international investments, fueled by a stable regulatory framework and accelerated broadband ...
Nigeria
Nigeria: FCCPC Imposes Up to ₦100m Fine for Unethical Digital Lending Practices
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has introduced new penalties of up to ₦100 million—or 1% of annual turnover—for digital lenders ...
Nigeria
Nigeria: Graph obtains CBN licence to strengthen cross-border payment infrastructure
The Central Bank of Nigeria (CBN) has granted Graph, an international money transfer operator (IMTO), a licence to expand its secure cross-border payment ...
Nigeria
Nigeria: Regulators Applaud New Lending Rules to Expand Credit Access and Inclusion
Nigeria’s digital lending space is set for a major transformation as new regulations compel telecommunications operators and digital lenders to share loan repayment ...
Africa
Africa: Interswitch Calls for Stronger Corporate Governance and Unified Licensing Framework in African Fintech
Interswitch Group, one of Africa’s leading integrated payments and digital commerce companies, has underscored the need for strategic regulatory engagement and partnerships to ...
News
Nigeria: Globacom Faces NCC Deadline to Appoint Independent CEO or Risk Sanctions
The Nigerian Communications Commission (NCC) has given Globacom 24 months to appoint a chief executive officer separate from its board chairman—or face regulatory ...
Nigeria
Nigeria: NAICOM Sets Up Committee to Drive Insurance Industry Recapitalisation
The National Insurance Commission (NAICOM) has inaugurated an 11-member committee to oversee the insurance sector’s recapitalisation programme, following President Bola Tinubu’s recent assent ...
News
Nigeria: NIMC Targets 30% Service Delivery Boost With New Service Charter
The National Identity Management Commission (NIMC) has launched a Service Charter aimed at improving service delivery by 30% within the next year, focusing ...