Exchanging foreign currency, especially US dollars, can feel like a complex maze for many. Traditional banks often offer less favorable rates. Hidden charges can also eat into your hard-earned money. …
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ARCON Vows to Intensify Regulation of Advertising Content Across Digital and Traditional Platforms
The Advertising Regulatory Council of Nigeria (ARCON) has announced plans to step up its regulatory oversight of advertising content across traditional and digital platforms, in a move aimed at curbing …
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FG Launches REV-OP to Tackle Revenue Leakages and Boost Transparency
The Federal Government of Nigeria has officially launched the Revenue Optimisation and Assurance Project, popularly called REV-OP, as a new step to reduce revenue leakages, improve transparency, and strengthen Nigeria’s …
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Banks Settle USSD Debts as Telcos Prepare to Start Deducting Charges from Airtime
Thirteen Nigerian commercial banks have finished paying their outstanding Unstructured Supplementary Service Data (USSD) debts to mobile network operators (MNOs). The remaining three banks have paid more than 95 percent …
The Chief Executive Officer of the Nigerian Economic Summit Group (NESG), Tayo Aduloju, has expressed concern over the slow pace of digital adoption by electricity distribution companies (DisCos) and government …
- Finance & ServicesMobile Telecommunications Network (MTN)NigeriaTechnology
Telecom Operators Now Collect USSD Charges Directly From Airtime
elecommunication companies in Nigeria will now receive payment for Unstructured Supplementary Service Data (USSD) services directly from customers’ airtime, based on a new billing model approved by the Nigerian Communications …
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East African Nations Urged to Embrace Digital VAT Reforms
Tax experts and policy makers have called on East African countries to fully embrace digital systems in the collection of Value Added Tax (VAT) to improve compliance, close revenue gaps, …
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Eskom Uses Satellite Technology to Track Unregistered Solar Systems
Eskom, the national electricity company in South Africa, has begun using satellite technology to find homes and businesses with solar power systems that are not properly registered. This new move …
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has directed that all crude oil and petroleum product exporters must obtain an export permit, vessel clearance, and a Unique Identification Number (UIN) …
Amazon Web Services (AWS), the cloud computing arm of Amazon.com, Inc., has announced the launch of applications for the third edition of its Generative AI Accelerator, an intensive eight-week global …