The Central Bank of Nigeria (CBN) has mandated all existing Bureau De Change (BDC) operators to re-apply for new licenses...
Business Report
Tech giant Microsoft has partnered with UAE-based AI firm G42 to invest $1 billion in a data center in Kenya,...
Jumia Nigeria has entered into a strategic partnership with Credpal to introduce a "Buy Now, Pay Later" (BNPL) feature for...
Airtel Africa, a leading telecommunications and mobile money services provider announced that its subsidiary, Bharti Airtel International (Netherlands) B.V., has...
The International Monetary Fund (IMF) revealed that 56 percent of central banks or supervisory authorities in a survey of 51...
OpenseedVC, an early-stage venture capital firm launched in 2024, has successfully reached the first close of its $10 million fund...
The Central Bank of Nigeria (CBN) has rescinded its directive for banks and other financial institutions to charge a cybersecurity...
In April 2024, electronic payment transactions in Nigeria saw a significant decrease, plummeting by 93.1% to N79.85 trillion from the...
Point of Sale (PoS) operators in Nigeria, represented by the National President of the Association of Mobile Money and Bank...
In a recent Article IV Staff Consultation Report, the International Monetary Fund (IMF) strongly advised the Central Bank of Nigeria...