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Civil Society Group Sues National Assembly, INEC, AGF Over Electoral Act Provisions

A civil society organisation, the Registered Trustees of Constitutional and Democratic Justice Initiative, has filed…

Nigerian Fintechs Ascend to Banking Status: Navigating the Regulatory Landscape of Microfinance Licences - Nigeria
Nigerian Fintechs Ascend to Banking Status: Navigating the Regulatory Landscape of Microfinance Licences

Nigeria’s burgeoning fintech sector, once defined by its prowess in revolutionising payment systems and digitising…

CBN's NOFR: A Transaction-Based Benchmark Poised to Revolutionise Nigerian Financial Market Pricing and Monetary Policy Transmission - Nigeria
CBN’s NOFR: A Transaction-Based Benchmark Poised to Revolutionise Nigerian Financial Market Pricing and Monetary Policy Transmission

The Central Bank of Nigeria (CBN) has introduced the Nigerian Overnight Financing Rate (NOFR), a…

ARINWA Bolsters Liberia's Asset Recovery Framework Ahead of Crucial FATF Review - Liberia
ARINWA Bolsters Liberia’s Asset Recovery Framework Ahead of Crucial FATF Review

The Asset Recovery Inter-Agency Network for West Africa (ARINWA) has concluded a significant working visit…

China Establishes Yuan Clearing Hub in Africa, Reshaping Trade Finance and Challenging Dollar Dominance - Africa
China Establishes Yuan Clearing Hub in Africa, Reshaping Trade Finance and Challenging Dollar Dominance

In a significant move to deepen economic ties and facilitate cross-border transactions, China’s central bank,…

African Fintech WapiPay Secures Canadian Licence, Paving Way for North American Expansion and Digital Asset Integration - Africa
African Fintech WapiPay Secures Canadian Licence, Paving Way for North American Expansion and Digital Asset Integration

WapiPay, the Kenyan-founded fintech innovator, has achieved a significant milestone in its global expansion strategy…

Nigeria's E-Invoicing Mandate: Corporate Sector Faces Imminent Deadline and Escalating Compliance Imperative - Nigeria
Nigeria’s E-Invoicing Mandate: Corporate Sector Faces Imminent Deadline and Escalating Compliance Imperative

Corporate Nigeria is confronting a critical 24-hour window as the National Revenue Service (NRS) prepares…

Nigeria Unveils Tax Incentives to Catalyse Local Smartphone and MiFi Production - Nigeria
Nigeria Unveils Tax Incentives to Catalyse Local Smartphone and MiFi Production

The Federal Government of Nigeria is intensifying efforts to bolster domestic manufacturing of smartphones and…

KRA Stands Firm on June 30 Tax Return Deadline: Non-Compliance to Attract Penalties and Default Assessments - Africa
KRA Stands Firm on June 30 Tax Return Deadline: Non-Compliance to Attract Penalties and Default Assessments

The Kenya Revenue Authority (KRA) has unequivocally ruled out any extension for the June 30…

Somalia Auditor General Demands Enhanced Financial Transparency from Favori LLC Amidst Revenue Management Scrutiny - Somalia
Somalia Auditor General Demands Enhanced Financial Transparency from Favori LLC Amidst Revenue Management Scrutiny

The Federal Republic of Somalia’s Auditor General, Ahmed Ciise Guutaale, has convened with senior management…