In 2020, many tech policies came into effect while others hung over different sectors’ heads. Here are some policies Nigeria’s tech industry players in logistics, fintech, and others should watch out for in 2021.
In what was quite an electronic year, 2020 data from the Nigeria Inter-Bank Settlement System shows that Nigeria recorded $13 billion worth of POS transactions and over $415 billion in Inter-bank transactions.
Nigerian fintech startups to face new regulations as the Central Bank of Nigeria publishes updated regulatory frameworks for fintech sandbox operations and QR code payments
In 2020, Nigeria’s Securities regulator sent a court order restricting investment platform, Chaka from offering or advertising stocks. The details of this move suggest it wants to regulate how every Nigerian invests in local and foreign stocks
Kenya’s tax regulator eyes millions in revenue as it implements digital taxes on local and foreign Internet companies and entrepreneurs pay a 1.5% tax on goods and services sold and offered online
From huge upticks in cashless transactions to the landmark acquisition of Paystack, Nigeria’s fintech space witnessed immense growth In 2020. Let’s take a look at some of the financial predictions for 2021.
Dubbed ‘The year of the pandemic,’ 2020 will also be remembered as the year of significant game-changing policies for Nigerian startups and the broader technology space. Let’s take a look.
Africa is set to enter a new economic era, as the African Continental Free Trade Area agreement launches today, January 1, 2020. While it presents several opportunities for startups, it is only one key piece in a massive long-term puzzle.
In January 2020, a seasoned financial expert, @dejiolowe, made what is best described as educated and fun guesses for Nigeria’s financial sector: He walks us through the happenings of the year.
Nigeria was once a hub for automotive companies, but a series of events have left the industry in uncertain waters. In the meantime, indigenous companies have been making strides in the face of ever-changing policies.