Nigeria
Nigeria: FIRS Mandates Real-Time Data Integration from Banks and Fintechs to Strengthen VAT Compliance
The Federal Inland Revenue Service (FIRS) has introduced a real-time monitoring platform aimed at improving the tracking of Value Added Tax (VAT)-eligible electronic ...
News
SA: Visa Unveils First African Data Centre in Johannesburg, Boosting Digital Payment Infrastructure
Visa Inc. has officially launched its first data centre on the African continent, marking a major milestone in its commitment to supporting the ...
Egypt
Egypt’s FRA Approves Fintech Expansion and Establishment of Three New Startups
Egypt’s Financial Regulatory Authority (FRA) has granted approvals aimed at bolstering the country’s fintech ecosystem, greenlighting the expansion of existing services and the ...
Nigeria
Nigeria: FRC, LCCI Forge Strategic Alliance to Strengthen MSME Governance
The Financial Reporting Council (FRC) of Nigeria has entered into a strategic partnership with the Lagos Chamber of Commerce and Industry (LCCI) and ...
Nigeria
Nigeria SEC Signals Green Light for Stablecoins Under Regulatory Oversight
Nigeria has declared its openness to stablecoin innovation, provided it aligns with established regulatory safeguards, according to the Securities and Exchange Commission (SEC). ...
Nigeria
Nigeria: SEC Affirms Regulatory Compliance in First Holdco’s N323bn Share Transaction
The Securities and Exchange Commission (SEC) has confirmed that the recent N323.33 billion share acquisition involving First Bank Holding Company (First Holdco), two ...
Nigeria
Nigeria: Telcos Restore SIM Services Following NIMC’s Successful NINAuth Migration
Major telecommunications operators in Nigeria — MTN, Airtel, Glo, and 9mobile — have resumed SIM registration services, including new activations, SIM swaps, and ...
Nigeria
Nigeria: SEC Champions Responsible Innovation, Eyes Quantum Leap for Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) of Nigeria is positioning itself at the forefront of technological advancement, with a commitment to enabling innovation ...
Kenya
Kenya: Safaricom Integrates PayPal Withdrawals into M-PESA App to Empower Kenya’s Digital Workforce
Safaricom has enhanced its M-PESA super app with a new feature that allows users to withdraw funds directly from PayPal, streamlining access to ...
News
Nigeria: PalmPay Earns Global Recognition as Top Fintech Innovator for Second Year Running
PalmPay, a leading African digital bank, has once again secured international recognition, earning a coveted spot on CNBC and Statista’s 2025 list of ...