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Nigeria: Naira Falls to N1690.37/$ Amid Declining Dollar Supply
The Nigerian naira depreciated by 2.31% (₦38.12) at the National Autonomous Foreign Exchange Market (NAFEM) on Monday, closing at ₦1690.37/$ compared to its ...
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Nigeria: PoS Operators Attribute Surge in Transaction Fees to Cash Scarcity
As Nigeria grapples with persistent cash scarcity, Point-of-Sale (PoS) operators have significantly increased transaction charges, blaming the hike on restricted access to cash ...
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Nigeria: Addressing Inequities in Nigeria’s VAT Structure – FIRS Chairman Advocates Reform
Dr. Zacch Adedeji, Chairman of the Federal Inland Revenue Service (FIRS), has called for urgent reforms to Nigeria’s Value-Added Tax (VAT) distribution framework, ...
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Global: India Fines Meta Ksh.3 Billion Over WhatsApp Data-Sharing Practices
India’s Competition Commission (CCI) has imposed a Ksh.3 billion ($25.4 million) fine on Meta Platforms for antitrust violations linked to WhatsApp’s 2021 privacy ...
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Global: Meta to Challenge India’s Antitrust Ruling on WhatsApp Data Sharing
Meta Platforms has announced its intention to legally challenge a ruling by India’s Competition Commission (CCI) that imposes restrictions on data sharing between ...
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Global: JPMorgan Chase UK Launches First Credit Card Offering
J.P. Morgan’s digital-only bank, Chase UK, has launched its first credit card, marking a significant milestone in its three-year presence in the British ...
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Nigeria: NCC Streamlines Telco Tariff Plans for Transparency
The Nigerian Communications Commission (NCC) has significantly reduced the number of tariff options available across mobile network operators (MNOs) to seven, streamlining the ...
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Nigeria: Monetary Policy Reforms Penalizing Nigeria’s Real Sector
The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns about the unintended consequences of Nigeria’s ongoing monetary policy reforms on ...
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Nigeria: MTN Nigeria Drives Digital Economy, Contributes 7% to GDP – Karl Toriola
MTN Nigeria, a telecommunications leader, is at the forefront of advancing Nigeria’s digital economy, contributing a remarkable 7% to the nation’s Gross Domestic ...
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Global: Revolut Secures UK Trading Licence, Expands Investment Offerings
Revolut has transitioned from operating as an Appointed Representative to becoming an authorised investment firm with its own UK trading licence. Since 2019, ...