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CBN Moves to Track Stablecoin Transactions in Real Time as Digital Currency Use Expands
ActiveNigeriaTechnology

CBN Moves to Track Stablecoin Transactions in Real Time as Digital Currency Use Expands

The Central Bank of Nigeria (CBN) is moving to strengthen its oversight of stablecoins by developing infrastructure that could allow it to monitor...

CANAL+ Cuts Decoder Prices, Drives MultiChoice Profit Surge
ActiveTechnology

CANAL+ Cuts Decoder Prices, Drives MultiChoice Profit Surge

CANAL+ Group says MultiChoice is beginning to recover after years of subscriber losses and mounting pressure from streaming platforms, following its takeover of...

Court Backs Digital Lending Rules, Bars FCCPC from Telecom Licencing Powers
ActiveNigeriaTechnology

Court Backs Digital Lending Rules, Bars FCCPC from Telecom Licencing Powers

A Federal High Court has upheld Nigeria’s digital lending regulations while drawing a firm line on regulatory authority, ruling that the Federal Competition...

CBN Tightens Grip as Nigeria’s Fintech Boom Enters New Phase
ActiveNigeriaTechnology

CBN Tightens Grip as Nigeria’s Fintech Boom Enters New Phase

Nigeria’s fintech industry is facing a major regulatory shift as the Central Bank of Nigeria (CBN) moves to restructure how financial technology companies...

CBN Introduces Digital Tracker to Monitor All Retail Dollar Sales
ActiveNigeriaTechnology

CBN Introduces Digital Tracker to Monitor All Retail Dollar Sales

The Central Bank of Nigeria (CBN) has unveiled a new framework to closely monitor foreign exchange transactions in the retail market, mandating the...