Home » Business » Page 38

Nigeria’s telecom sector creates over 500,000 jobs

Since the liberalisation in 2001, Nigeria’s telecom industry has created more than 500,000 jobs, transformed connectivity, and enabled economic growth, the sector regulator, Nigerian Communications Commission (NCC), said Tuesday. In spite of this success story, the sector is heavily plagued with the dearth of requisite skilled manpower that could reverse the gain, the regulator, warned….

More

Tinubu directs regulators to track Nigeria’s rising apetite for digital currencies

Nigeria’s President Bola Tinubu has directed financial and capital market regulators to monitor the growing use of stablecoins and digital currencies in the country, warning that the shift away from traditional banking channels poses challenges that must be managed proactively. Speaking at the 18th Annual Banking and Finance Conference of the Chartered Institute of Bankers…

More

FIRS, EFCC chiefs partner on voluntary tax compliance

The Federal Inland Revenue Service (FIRS) and the Economic and Financial Crimes Commission (EFCC) have renewed their commitment to deepen collaboration in a bid to strengthen Nigeria’s tax compliance framework and boost public revenue.  The development marks another step in the government’s push to curb leakages and foster voluntary tax compliance among citizens and businesses….

More

Nigerian fintechs use UK strategy to unlock global growth

A new playbook for global expansion is emerging from Nigeria’s tech ecosystem, with leaders using the United Kingdom (UK) as a strategic hub to unlock international capital, top-tier talent, and regulatory credibility. Speaking at the GITEX Africa summit on the panel ‘Nigeria’s Fintech Revolution,’ moderated by the UK Prime Minister’s Trade Envoy to Nigeria, Florence…

More

Konga unveils shopping extravaganza

Konga, Nigeria’s leading composite e-commerce giant, has announced the launch of its highly anticipated ‘All in All, Everything ×2 – Category Month’ campaign. This month-long shopping festival, running from September 1 to September 31, offers customers unprecedented discounts across a vast range of products. The campaign is strategically designed to empower households and businesses by…

More