N1 Billion Fund Launched for Women-Led Businesses by BOI and MTN

The Bank of Industry and MTN Nigeria Foundation have unveiled a N1 billion partnership fund to support women-led businesses across Nigeria through the Y’ellopreneur 3.0 programme, providing equipment financing and training for 200 female entrepreneurs.

CBN Requires Automated AML Systems for Banks and Fintechs

The Central Bank of Nigeria has issued new guidelines requiring banks, mobile money operators, and other financial institutions to deploy automated anti-money laundering systems to enhance financial crime detection and compliance.

AI Bag Radar Cuts Baggage Issues at Airports

SITA introduces Bag Radar, a cloud-based AI analytics tool that predicts and prevents baggage mishandling at airports like MMIA, enhancing efficiency and passenger satisfaction.

Firm's AI Platform Meets CBN's AML Automation Rules

Smartcomply, an Africa-focused compliance tech firm, announced its AI-powered Adhere platform aligns with the Central Bank of Nigeria's new baseline standards for automated anti-money laundering solutions, offering financial institutions a faster complian

UBA, NiDCOM Deepen Pact to Unlock Diaspora Capital

United Bank for Africa and the Nigerians in Diaspora Commission reinforce their collaboration to enhance diaspora-driven investments, leveraging UBA's new banking platform for wealth creation and economic growth in Nigeria.

Africa's Debt Crisis Drives Fossil Fuel Extraction

A new report reveals Africa's external debt exceeding $1 trillion is forcing governments to prioritize fossil fuel extraction over health and education, disproportionately impacting women and vulnerable communities.

Nigeria Secures $496M UK Dairy Deal for Food Security

Nigeria has signed a $496 million dairy investment deal with UK-based Asset Green Ltd to enhance food security, reduce imports, and modernize agriculture. The project includes climate-smart farming and a processing facility.

Abdulsamad Rabiu: Africa's 3rd Richest Man at $11.2B

Nigerian billionaire Abdulsamad Rabiu's net worth surges to $11.2 billion, making him Africa's third richest man. Explore his journey from Kano to building the BUA Group empire in cement, sugar, and consumer goods.

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