Innovation
Nigeria Leads Global Shift Toward Digital Payments as Cash Usage Declines
According to a new report by Worldpay, Nigeria has emerged as the global frontrunner in reducing cash dependency, driven by the widespread adoption ...
Nigeria
Nigeria: Edun and Cardoso Strengthen Fiscal-Monetary Policy Synergy for Economic Stability
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), ...
Fintech
Nigeria: First Bank Disburses ₦700 Billion to SMEs in 2024, Plans Multi-Trillion Naira Investment by 2025
First Bank of Nigeria Limited has reaffirmed its commitment to small businesses, announcing plans to invest trillions of Naira in the sector by ...
Fintech
Visa Inc. to Launch Data Centre in Nigeria, Strengthening Digital Economy
Visa Inc. has announced plans to establish a data centre in Nigeria as part of its expanding investment in the country. The announcement ...
Fintech
Nigeria: Quidax Expands cNGN Stablecoin Adoption Amid Nigeria’s Evolving Crypto Regulations
Nigerian cryptocurrency exchange Quidax has integrated support for cNGN, the country’s first regulated stablecoin pegged to the naira. This development, following Busha’s earlier ...
News
IHS Towers Expands Market Leadership with Renewed Airtel, MTN Contracts
IHS Towers has reinforced its position as a leading telecom infrastructure provider in Africa, securing long-term contract renewals with MTN and Airtel Nigeria. ...
News
Nigeria Secures $14bn Investment from India and €250m from the Netherlands
During a recent ministerial press briefing in Abuja, Foreign Affairs Minister Yusuf Tuggar announced that Nigeria has attracted a significant $14 billion investment ...
News
Nigeria: CBN’s Sustained FX Interventions Ease Naira Pressure
The Nigerian naira saw a slight depreciation against the US dollar across the foreign exchange (FX) market as the Central Bank of Nigeria ...
Fintech
Nigeria: FIRS Collaborates with Flutterwave to Digitize Tax Collection
The Federal Inland Revenue Service (FIRS) has integrated Flutterwave’s payment technology to modernize tax collection, marking a significant step toward digitizing Nigeria’s tax ...
Global
Global: Fed-Backed Working Group Proposes Scam Information Sharing Network for US Payments Industry
A Federal Reserve-backed working group has proposed the establishment of an independent information exchange framework to serve as a centralized hub for scam ...
