Nigeria’s cross-border payments on PAPSS falls 53% to N5.6bnBy Babajide Komolafe Nigeria’s participation in the Pan-African Payment and Settlement System (PAPSS) recorded a sharp contraction in the first half of 2025, as the value of cross-border transactions processed through ...
Bank customers’ complaints grow by 143%, as CBN resolves 9,771By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, said it resolved 9,771 out of 10,704 bank customers’ complaints in the first half of the year (H1’25). CBN disclosed this in its latest Financial ...
Banks, fintechs facilitate N162bn crypto, N18.7bn scam — EFCCBy Luminous Jannamike The Economic and Financial Crimes Commission (EFCC) has uncovered widespread compromise within Nigeria’s financial system, revealing that commercial banks, fintech companies and microfinance ban ...
VAT reforms to lower prices, boost compliance – Ghana Revenue Authority The Ghana Revenue Authority (GRA) has said that comprehensive reforms to the Value Added Tax (VAT) regime are expected to lower prices, improve compliance, and support government’s GH¢225 billion revenue target for ...
FINANCIAL INCLUSION: Nigeria still behind target – CBNBy Elizabeth Adegbesan The Central Bank of Nigeria, CBN, has said 74 percent of Nigerians have been covered under its financial inclusion program as at first half of 2025 (H1’25). Disclosing this in its latest Financ ...