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OPay Nigeria’s CEO Resigns, Tasks Banks, OFIs On Financial Inclusion

The Chief Executive Officer (CEO) of OPay Nigeria, Mr. Olu Akanmu, has tendered his resignation to the  company’s board of directors  after two years of  his appointment as the digital payment firm marked its 5th year of operations in the country. The digital payment expert, who announced his resignation via a Twitter post on Monday […]

Budgeting E-Payment Tech & Solutions Latest News Planning & Economic Development Technology Telecomms

Danbatta Urges Firms On Adjustment To Disruptive Technologies

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has advised business owners in the country to adjust to the potential risks of disruptive technologies now being adopted globally to enhance productivity and sustainability. The industry regulator told industry leaders and Information and Communication Technology (ICT) innovators, who gathered at […]

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Google, Verve Card Partner On Naira Transactions On Play Store

Google LLC, a  U.S multinational technology company focusing on artificial intelligence, online advertising, search engine technology, cloud computing, computer software and many other online solutions, has announced that Nigerians can now make payments on its Play Store using the local currency, the Naira. The techno company’s disclosure is part of its partnership with Verve, the […]

Budgeting E-Payment Tech & Solutions Latest News Planning & Economic Development Political Economy Technology Telecomms

Lamido Of Adamawa Lauds NCC’s Consumer Protection Initiatives

The Lamido of Adamawa, Dr. Muhammadu Mustapha, has commended the Nigerian Communications Commission (NCC) on a range of its telecom consumer protection initiatives, including the recent Village Square Dialogue (VSD), which held at the weekend in Yola, Adamawa State. Kakakin Adamawa, Prof. Abubakar Tahir, who represented Lamido Adamawa at the Consumer Conversation programme of the Commission with […]

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IMF Revises 2023 Global Economic Growth Rate To 3%

The International Monetary Fund (IMF) on Tuesday raised its 2023 global growth estimates slightly higher as economic activity in the first quarter globally remained upbeat across geo-political regions worldwide. It, however, noted that persistent challenges were dampening the medium-term outlook of the global economy. The Breton Woods institution, in its latest World Economic Outlook, stated […]

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CPPE Forecasts Abatement Of FX Market Volatility

The Centre for the Promotion of Private Enterprise (CPPE), one of Nigeria’s advocacy groups championing the cause of the organized private sector (OPS), has projected that despite the current concerns about the nation’s foreign exchange market volatility, there are strong indications that the volatility will abate as the government continues to respond to the FX […]

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52% Of Africa’s Firms Lack Preventive Capacity For Cyber Attacks – Report

Dell Technologies, a leading global ICT firm, has reported that 52% of companies in Africa lack the capacity to handle a large-scale cyberattacks. The company made this disclosure in a report presented at a forum in Lagos, organized in collaboration with CWG and Mitsumi, to share insights on how companies could frontally tackle the increasing […]

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CBN, CBE Set Up ‘Nigeria-Egypt FinTech Bridge’

The Central Bank of Nigeria (CBN) and the Central Bank of Egypt (CBE) have signed a memorandum of understanding (MOU) to establish a Nigeria-Egypt FinTech Bridge. The MoU signing ceremony by the two apex banks, which held at the Seamless North Africa 2023 conference at the Egypt International Exhibition Center, Cairo, on July 17 – […]

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CBN Intensifies Drive On E-Naira Adoption In Tertiary Institutions

The Central Bank of Nigeria (CBN) has partnered with third party agents to initiate a campaign for the adoption of the e-Naira option at the University of Abuja as part of its sustained efforts to popularize the adoption of the digital currency in tertiary institutions in the country. Speaking on the digital currency initiative at […]