Nigeria
Nigeria: NCC Approves MTN’s Disconnection of Exchange Telecommunications
The Nigerian Communications Commission (NCC) has granted approval for MTN Nigeria to disconnect Exchange Telecommunications Ltd. from its network over unpaid interconnect charges. ...
Nigeria
Nigeria: CBN Approves Sterling HoldCo’s N75bn Capital Injection
The Central Bank of Nigeria (CBN) has granted approval for the N75 billion additional capital raised by Sterling Financial Holdings Company (Sterling HoldCo), ...
Nigeria
Nigeria, Others Lose $1.6bn Daily to Illicit Financial Flows – AfDB
Africa is losing approximately $1.6 billion daily due to illicit financial flows (IFFs) and profit shifting by multinational corporations operating on the continent, ...
Nigeria
Nigeria: MTN, NTEL Spectrum Lease Extension to Enhance Nigeria’s 3G and 4G Coverage
The Nigerian Communications Commission (NCC) has approved the renewal and expansion of the spectrum lease agreement between MTN Nigeria Communications Plc and Natcom ...
Nigeria
Nigeria: Naira Strengthens to N1537 after CBN Sells $40m to Banks
The naira appreciated to N1,537 per US dollar in the official foreign exchange market on Tuesday following the Central Bank of Nigeria’s (CBN) ...
Nigeria
Nigeria: Access Bank Surpasses Recapitalisation Deadline, Exceeds New Capital Requirement
Access Bank, a subsidiary of Access Holdings Plc and Nigeria’s largest lender by total assets, has successfully exceeded the Central Bank of Nigeria’s ...
Nigeria
Nigeria: CBN Disqualifies 41.65 Million Shares in Access Holdings Rights Issue
The Central Bank of Nigeria (CBN) has disqualified 41.65 million shares valued at ₦822.60 million in Access Holdings Plc’s recently concluded rights issue. ...
Nigeria
Nigeria Receives $285m in Foreign Capital from African Investors – NBS
The National Bureau of Statistics (NBS) has reported that African investors, excluding Nigeria, contributed a substantial $285.11 million foreign capital to Nigeria during ...
Nigeria
Nigeria: Telecom Sector Urged to Address Key Challenges to Drive Growth
The Nigerian telecom industry has been called upon to tackle critical challenges such as right-of-way (RoW) bottlenecks and multiple taxation, which continue to ...
Regulatory
Global: Turkey Implements Stricter Crypto AML Regulations
Turkey has unveiled stringent Anti-Money Laundering (AML) regulations for cryptocurrency transactions, set to take effect on February 25, 2025. These measures enable crypto ...