NANS Praises NCC Over New Refund Framework for Telecoms
Nigerian students hail NCC's new 30-second automatic refund rule for failed airtime and data transactions. Learn how this ₦10bn consumer protection move impacts millions.
Category : Search result: CBN telecoms framework
NCC, CBN Secure Over N10bn Refunds for Failed Airtime
Nigerian telecoms regulator NCC reveals banks and telcos have refunded over N10bn for failed transactions. A new joint framework with CBN promises refunds within 30 seconds from March 2026.
Who Must Pay Tax in Nigeria? New 2026 Law Explained
Nigeria's new tax framework effective January 2026 defines clear obligations. Discover the 7 key taxpayer categories and who is exempt. Stay compliant!
ATCON: Telecoms Overcame 2025 Challenges, See Growth Ahead
Nigeria's telecom industry body, ATCON, says 2025 was difficult but the sector expanded. It projects accelerated investment in 2026 driven by fibre, data centres, and supportive policies. Read the full outlook.
New Tax Laws to Take Effect Jan 1 as Scheduled
The Federal Government confirms Nigeria's new tax regime will begin on January 1, 2026. The reforms aim for a fairer, more efficient system to boost economic growth. Read the full details.
CBN Announces New Cash Withdrawal, Deposit Rules for 2026
The Central Bank of Nigeria has revised its cash withdrawal and deposit policies, effective January 1, 2026. Learn the 5 major changes, including new limits and fees.
Nigeria Seeks Private Sector Support for Biodiversity Plan
Nigeria intensifies efforts to save its rich biodiversity, urging businesses to act under the new National Strategy. Experts warn of severe threats to food security and the economy. Read more.
T2 Rebrand Fails, Loses 2,664 Subscribers in 3 Months
Fresh NCC data reveals T2, formerly 9mobile, continues to hemorrhage subscribers despite rebrand and MTN deal. Over 28,000 left in 2025. Read the full breakdown.
Telefonica Cuts 5,500 Jobs in Spain
Telefonica announces a massive voluntary departure plan affecting 5,500 employees in Spain, costing €2.5 billion. The move is part of a new strategic focus. Read more.
Nigeria Rallies Businesses for National Biodiversity Plan
Nigeria intensifies efforts to halt biodiversity loss, mobilising private sector support for its 2025-2030 National Biodiversity Strategy. Business leaders convened in Lagos to shape a practical Business Action Plan aligned with global goals.
NASS Vows Strict Scrutiny of 2026 Budget Proposal
The National Assembly promises strict oversight of the 2026 budget, using lessons from 2025's challenges. Speaker Abbas calls for fiscal realism and a single budget framework. Read more.
Reps, Senate Differ on 2026 Oil Benchmark in MTEF
The House of Representatives has approved a $64.85 per barrel oil price benchmark for 2026, diverging from the Senate's $60. Get the full details on the MTEF/FSP projections and budget implications.
Legal Expert: Guns Alone Can't Defeat Terrorism in Nigeria
Senior Advocate Aare Olumuyiwa Akinboro argues Nigeria's insecurity requires a multidimensional strategy of law, justice, and governance, not just military force. Read his full analysis.
Senate Approves CBN 2026 Exchange Rate, Cuts Oil Price
Nigeria's Senate has approved the CBN's exchange rate projection of N1,512/$ for 2026 and reduced the oil price benchmark to $60 per barrel. Get the full details on the 2026-2028 MTEF framework.
Nigeria's 2025 Revenue Shortfall Hits N30 Trillion
Finance Minister Wale Edun reveals the Federal Government may fall short of its 2025 revenue target by N30 trillion. Discover the causes and government's response. Read more.
Senate Okays MTEF, Paves Way for ₦54.4tr 2026 Budget
The Nigerian Senate has approved the 2026-2028 MTEF, enabling President Tinubu to present a historic ₦54.4 trillion budget. Key fiscal parameters set the stage for the national spending plan. Read the full details.
Rivers LGA Unveils ARISE Plan for Development
Obio/Akpor LGA launches the OBALGA ARISE framework to enhance administration, infrastructure, and security. The plan aims to attract investment and transform the local economy. Read more.
Vodacom Takes Control of Safaricom in $2.1B Deal
South Africa's Vodacom secures a controlling 55% stake in Kenya's Safaricom for $2.1 billion, reshaping East Africa's telecom landscape and boosting digital inclusion. Read the full analysis.
CBN Sets New Cash Withdrawal Limits Effective 2026
The Central Bank of Nigeria has announced revised cash withdrawal rules, setting new weekly limits for individuals and corporates to start in January 2026. Learn the new limits and fees.
CBN Removes Cash Deposit Limits, Raises Withdrawal Cap
Nigeria's Central Bank has abolished cash deposit limits and raised weekly withdrawal thresholds to N500k for individuals. New policy takes effect January 2026.
Christmas Cash Demand Hits New Highs in Nigeria
Nigerians are scrambling for physical cash ahead of Christmas, driven by fears of ATM downtimes. The CBN tightens oversight as over N4.4 trillion remains outside banks. Read the full analysis.
Nigeria's $2.25bn Eurobond Oversubscribed, Signals Investor Confidence
Nigeria raises $2.25bn via a heavily oversubscribed Eurobond, attracting over $13bn in orders. Analysts credit recent fiscal reforms and FX liberalisation for renewed global investor confidence in Africa's largest economy.
CBN Prioritises Digital Payments, Financial Inclusion for 2026
CBN Governor Olayemi Cardoso outlines 2026 agenda focusing on payment system upgrades, digital finance expansion, and deeper financial inclusion for all Nigerians. Read the full plan.
16 Banks Meet CBN Capital Rules Ahead of 2026 Deadline
CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.
Naira Strengthens as Dollar Inflows Surge Over 64%
The Nigerian Naira receives a significant boost as dollar inflows into the FX market jump by 64.24% to $841.10 million, improving liquidity and strengthening the official rate. Read the full analysis.
Nigerian Banks Hit N33.24 Trillion in Customer Deposits
Ten Nigerian banks recorded over N33.24 trillion in savings deposits by September 2025, a 6.8% annual increase. See which Tier-2 banks led the growth and the latest CBN savings rates.
Naira Weakens Against Dollar in Official, Black Markets
The Nigerian naira depreciated against the US dollar on Monday, December 1, dropping to N1,448.44/$1. Despite rising foreign reserves, currency pressure persists. Full details inside.
Naira Begins December Strongly Against US Dollar
The Nigerian Naira rebounds against the USD, closing at N1,446.74. CBN interventions and $20.98bn foreign inflows boost confidence. Experts predict stability ahead. Read more.
CBN Consolidates Financial Market Reform Gains
CBN Governor Yemi Cardoso outlines progress in Nigeria's financial reforms as naira stabilizes, inflation drops to 16.05%, and reserves hit $46.7 billion. Learn how these gains impact Nigeria's economy.
Banker Transforms Nigerian Finance with Data-Driven Empathy
Discover how banker Ozovehe Peter Otohinoyi is redefining Nigerian finance by combining statistics with human stories, achieving 200% revenue growth and empowering women entrepreneurs in Sokoto.
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