BUSINESS TECHNOLOGY MEDIA FOR AFRICA
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26 Oct 2022

Nigeria’s Central Bank targets high-volume markets to prop up eNaira

CBN is offering a 5% discount to motorised rickshaw drivers and passengers.
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8 Sept 2021

e-Naira promises ‘economic new dawn’ if done right says blockchain expert

The Central Bank of Nigeria has partnered with Barbados Fintech firm on proposed CBDC pilot known as Project Giant.
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9 Feb 2021

Luno says funds are safe in Nigeria after crypto crackdown

SA’s biggest crypto exchange and other crypto-currency firms halt deposits in naira after the Nigerian government cracks the whip on crypto-currency players.
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9 Feb 2021

Mixed response, unease over Nigeria’s crypto crackdown

Directive from Central Bank of Nigeria leaves some wondering if authorities acted prematurely.
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Accelerex pushes expansion plans after US$20m investment

Africa Capital Alliance agrees on Capital Alliance Private Equity IV funding.
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23 Oct 2019

Nigeria blocks MTN's proposed USSD access charge

Communications Minister seeks full briefing and directive can still be reversed.
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8 Aug 2019

MTN to focus on FinTech, 4G and Ayoba

Operator details ambitions for the remaining half of 2019.
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30 Jul 2019

MTN's fintech ambitions get Nigerian boost

An MTN Nigeria subsidiary receives a licence from the country’s central bank, to provide financial services.
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27 Mar 2019

MTN Nigeria $2bn tax battle adjourned again

The court case between MTN Nigeria and the country's attorney general continued yesterday as lawyers argued over a $2-billion tax bill.
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8 Feb 2019

MTN Nigeria tax bill case postponed yet again

While the operator settled with the Nigerian central bank last year, it is still in a $2 billion tax-related court battle with the country's Attorney General.
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25 Jan 2019

Experts lay into CBN over MTN resolution

Tech industry analysts in Nigeria describe US$53-million settlement as 'slap on the wrist' for the operator.
 
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