Zacch Adedeji, the chairman of the Federal Inland Revenue (FIRS), reiterated the agency’s commitment to refrain from introducing additional taxes in the nation. Adedeji made this declaration during a meeting on Wednesday with Adebayo Alli, the CEO of Guinness Nigeria Plc, and the company’s management team at the Revenue House in Abuja. In a statement […]
The chairman of the committee of chief information security officers of nigerian financial institutions (ccisonfi), mr. festus amede, has emphasized data minimization principles, user consent and control, as well as compliance with privacy regulations as crucial elements in protecting privacy in payments. In his presentation titled ‘payments: trust, security and privacy in ai era,’ amede […]
Mr. Wale Edun, the Minister of Finance and the Coordinating Minister of the Economy, announced that Nigeria has endorsed an initial approval by the Federal Executive Council (FEC) to become a member of the European Bank for Reconstruction and Development (EBRD). During the FEC meeting on Monday, Edun revealed that this opportunity had also been […]
Bosah Chukwuogo is indeed associated with Hasob Integrated Services Ltd, a company that specializes in software application development, technology solutions/consulting, and capacity development. The company aims to build effective solutions that are useful, sustainable, and add value for their clients, Bosah Chukwuogo’s professional activities, as reflected on LinkedIn, include engaging with industry experts and contributing […]
The apex bank directed each BDC to sell the dollars to eligible customers at a rate not exceeding 1.5 percent above the purchase price, implying the BDCs are not expected to sell above N1,269/$1. Recall that on July 27, 2021, the CBN discontinued the sale of foreign exchange to BDCs, accusing them of trading FX wholesale […]
Trade Lenda, a prominent digital bank focusing on empowering small and medium-sized enterprises (SMEs), has officially launched a fund aimed at supporting women and Shariah-compliant businesses. Adeshina Adewumi, the founder/CEO of Trade Lenda, emphasized the core mandate of empowering SMEs through strategic financing. Since May 2021, Trade Lenda has facilitated over $5 million to support […]
Zeeh Africa, a financial technology company specializing in Open Banking, has unveiled its loan recovery solution powered by Global Standing Instruction (GSI) technology. This innovative system offers a direct and automated approach to fund recovery, providing lenders with a seamless solution to address recovery challenges. The GSI technology addresses the issue of loan repayment for […]
Leatherback, a global provider of financial services, has partnered with YES BANK, a prominent private bank in India, to streamline money transfers and Indian Rupee (INR) payouts for its users in India. This collaboration aims to simplify trade and travel connections between Africa and India. The increasing trade volume between Africa and India, which reached […]
buyletlive, an online real estate marketplace, has released the second edition of its annual “Nigeria Property Price Index Report”, according to Techeconomy. The Nigerian’s first AI-powered real estate portal, facilitating swift transactions for real estate buyers and sellers, launched the report today. The 38-page document analyzes price movements in Nigeria’s real estate market in 2023 […]
Zone, Africa’s rapidly growing payment infrastructure company, has successfully raised $8.5 million in an oversubscribed seed funding round, led by esteemed VC firms Flourish Ventures and TLcom Capital. This investment marks a significant milestone for Zone as it continues its mission to construct a blockchain-based decentralized payment infrastructure for financial service providers across Africa and […]
