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FG to unlock $5bn annual funding for Nigerian startups with launch of Digital...
The Nigerian government has unveiled the Technology Export and Digital Trade Desk structured to push the annual funding for Nigerian startups to $5 billion. The initiative is aimed at creating more...
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How poor data practises by government agencies like NCC, NBS affect the economy
In late 2024, there was a blackout when data on load availability from power distribution companies to end users, usually available to the public, went off. Nigerians were not told what had happened...
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Amid tariff hike demands, FCCPC, NCC join forces to protect Nigerians from...
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has joined forces with its regulatory counterpart, the Nigerian Communications Commission (NCC), in a bid to protect Nigerian...
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Telecoms tariff hike shouldn’t be more than 60% – Minister Bosun Tijani
The Federal Government has assured Nigerians that a potential tariff hike in the telecommunications sector would not be more than 60 per cent. The discussion surrounding the increase in charges per...
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Is Kenya trying to regulate social media after the 2024 protests?
Recent weeks have seen Kenya thrust into a storm of debates over digital freedom, cybersecurity, and governance. The protests that swept through the country in 2024 were more than street...
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FG’s electronic money transfer revenue rose by 107% in Dec powered by Opay,...
The Federal Government’s revenue on the Electronic Money Transfer Levy (EMTL) surged to N31.2 billion in December 2024 following the introduction of the levy to transactions made on Fintech platforms,...
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How the 50% telecom tariff hike will affect Nigerians: an explainer
The 50% hike in telecom tariff has drawn anger and anxiety across Nigeria. For instance, the Association of Telephone, Cable TV and Internet Subscribers of Nigeria (ATCIS-Nigeria) has given telecom...
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Fraud: CBN mandates NIBSS to debit account of banks that receive fraudulent...
Following its pledge to eradicate fraud, the Central Bank of Nigeria (CBN) has directed the Nigeria Inter-Bank Settlement System (NIBSS) to debit the settlement accounts of commercial banks that...
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Banks scramble to repay N250 billion USSD debt to avert disconnection
Nigerian commercial banks have made significant progress in repaying their Unstructured Supplementary Service Data (USSD) debts. The new development prevented the disconnection of the services by...
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CBN introduces new N100 per N20,000 ATM charges to take effect from March 1
The Central Bank of Nigeria (CBN) has introduced new ATM charges. The apex bank disclosed this in a circular signed by its Acting Director on Financial Policy and Regulation, John Onojah. According to...
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