Financial Services

The expansion of the Electronic Money Transfer Levy (EMTL) to transactions on fintech platforms pushed the Federal Government’s revenue from...

Mobile money operators (MMOs) in Nigeria are banking on a projected 65% smartphone penetration by 2026 to drive the next...

The National Information Technology Development Agency (NITDA) has been mandated by President Bola Tinubu to lead the implementation of the...

The National Pension Commission (PenCom) has issued a directive mandating the provision of Bank Verification Numbers (BVN) for all Retirement...

The ongoing legal battle between First Bank of Nigeria (FirstBank) and General Hydrocarbons Limited (GHL) has captured the attention of...

The Central Bank of Nigeria (CBN) has introduced two digital initiatives—the Document Flow (DocFlow) System and the Ministries, Departments, and...

The Nigerian Communications Commission (NCC) has granted approval to Mobile Network Operators comprising MTN, Airtel, Globacom, and 9mobile, to disconnect...

The Federal High Court, Port Harcourt Judicial Division, has ordered the arrest of the entire cargo onboard the Floating Production...

Remittance-focused fintech startup LemFi has announced a significant capital raise of $53 million in a Series B funding round, aimed...

The Central Bank of Nigeria (CBN) has imposed fines of N150 million each on nine Deposit Money Banks (DMBs) for...