Instant payment transactions in Africa hit $1.9trn in 2024 — Report
The total transaction value increased from $775.7 billion in 2020 to $1,980.6 billion in 2024.
The total transaction value increased from $775.7 billion in 2020 to $1,980.6 billion in 2024.
This was announced at the launch of the State of Instant Payment Systems (SIIPS) 2025 report in Eswatini, with Nigeria...
The SIIPS report highlights how instant payment systems are shaping financial inclusion, interoperability and innovation across Africa.
Over the years, NAFDAC has introduced several innovative measures to combat drug counterfeiting - but they appear insufficient.
When a bank transfer is initiated through NIP, the request is sent instantly to the recipient’s bank, and funds become...
A Binance executive Tigran Gambaryan, in a post on Friday, alleged that some members of the House of Representatives demanded...
In his post, Mr Gambaryan provided details of the bribe demand, including the date it occurred and the conditions under...
Several factors contribute to inadequate death registration in Nigeria.
Nigeria has a policy that mandates subscribers to link their phone numbers to their National Identification Numbers (NINs).
The lawmakers passed the four bills after over four hours of debate.
Garba Koko said he resolved to dump the PDP because of the “prolonged and protracted” crisis in the party.
The House had last year suspended debate on the bills following fierce opposition from some governors, particularly the northern governors,...
"I have been hearing these same rumours of arrest, detention and torture in some dungeon in the NSA’s office (where...
Amos Mogaji, who represents Zangon Kataf/Jaba Federal Constituency of Kaduna State, cited division in the PDP as the reason for...
The extortion by lawmakers is not limited to universities; polytechnics and colleges of education have also been targeted.
After weeks of additional holiday, members of the House of Representatives resumed plenary on Tuesday, and the week turned out...
The lawmakers warned that many Nigerians who currently rely on aid from the US government are at risk if urgent...
The bill seeks to amend the Code of Conduct Bureau and Tribunal Act to prevent judicial officers from prosecution until...
The lawmakers noted that Nigeria suffers economic losses of approximately ₦15 trillion annually due to counterfeit and substandard goods, as...
The committee said, in line with Section 8 of the Constitution, it will proceed with the process for requests that...
President Tinubu, on Wednesday, transmitted a letter to the National Assembly raising the 2025 budget proposal from N49.7 trillion to...
President Tinubu, on Wednesday, transmitted a letter to the Senate seeking the removal of three RECs over alleged gross misconduct.
The lawmakers observed that telecommunications companies linked phone numbers to NINs without customers’ consent.
The initiative by the Bank of South Sudan aims to expand instant payment systems across Africa.
"We sent a petition to the National Assembly; they called us and asked us to go back, stating they would...
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