Governance & Policy

EXCLUSIVE

Coal, code, and a festival: Inside Enugu’s high-stakes bet on technology

Enugu event hall coal to code

EXCLUSIVE

How freelancers and remote workers can navigate Nigeria’s new tax laws 

A remote worker working on a laptop

EXCLUSIVE

ChatGPT to cost more in Nigeria as OpenAI adds 7.5% VAT

OpenAI founder, Sam Altman at an OpenAI event in Muson Centre Lagos

EXCLUSIVE

How CBN’s new agent banking rules will reshape competition in Nigeria’s fintech sector

Traditional PoS terminal

EXCLUSIVE

Nigeria’s lower house eyes tighter oversight of POS and crypto, cites rising fraud and cybercrime

Nigeria's House of Representatives

EXCLUSIVE

Nigeria’s Central Bank limits POS agents to one financial institution amid regulatory tightening

Someone using an ATM card at a Point of sale machine

EXCLUSIVE

Meta, NDPC agree out-of-court settlement of $32.8 million fine

Meta

EXCLUSIVE

Why Trump’s $100,000 H-1B visa fee will barely touch African workers 

EXCLUSIVE

Trump’s $100k fee creates rare opportunity for African talents, but governments must take decisive action

A developer

EXCLUSIVE

10% excise duty on crypto transactions: What Kenyan tax experts think

Cybercrime law

EXCLUSIVE

BoG suspends remittance licences of Flutterwave, Cellulant, Tap Tap Send, others over regulatory breaches

Ghanaian-Central-Bank

EXCLUSIVE

Pesapal secures crucial VAT exemption in Kenya

fintech compliance

EXCLUSIVE

Meta threatened to exit Nigeria over $220m fine but two months after deadline, services are still running 

Meta

EXCLUSIVE

Somalia launches e-visa platform to ease business travel and tighten border security

map simulating travel (1)

EXCLUSIVE

Why Ethiopians aren’t buying into EVs one year after the fuel-car import ban 

Electric vehicle charging

EXCLUSIVE

CBN’s POS geotagging push risks repeating naira redesign mistakes

Traditional PoS terminal

EXCLUSIVE

Delayed launch casts doubt on Nigeria’s open banking rollout

open banking in nigeria

EXCLUSIVE

CBN mandates Moniepoint, OPay, PalmPay, others to geotag 4.2 million PoS terminals in 60 days

Someone using an ATM card at a Point of sale machine

EXCLUSIVE

Digital lenders face stricter rules as Nigeria’s FCCPC moves to protect borrowers

FCCPC

EXCLUSIVE

5 questions about Egypt’s new FRA sandbox answered  

FRA sandbox unveil


ChatGPT subscription price for Nigerians will now increase as OpenAI complies with VAT Act. Users will now include a tax identification number to pay for the service.



Nigeria’s House of Representatives has launched a committee to review crypto and POS operations amid rising fraud, as the country works to modernise and tighten its financial oversight.


Nigeria’s Central Bank tightens agent banking regulations by enforcing exclusivity, stricter compliance, and enhanced oversight.


Meta and Nigeria’s Data Protection Commission are discussing an out-of-court settlement of a $32.8 million fine imposed in February 2025.





Flutterwave, Cellulant Ghana, and Tap Tap Send are among eight firms whose remittance partnerships have been suspended by the Bank of Ghana for violating updated 2023 remittance service guidelines.


Kenya’s High Court has exempted Pesapal from VAT, overturning a $1.6 million tax demand. The ruling classifies digital payment services as financial services, setting a key precedent for fintech taxation.



Somalia has launched a digital visa platform for all foreign nationals, eliminating paper-based applications and boosting security through online verification.





The CBN has ordered Moniepoint, OPay, PalmPay and others to geo-tag 4.2 million PoS devices within 60 days, restricting use to a 10-metre radius of merchants’ locations or face shutdown




Coal, code, and a festival: Inside Enugu’s high-stakes bet on technology

Enugu’s digital push blends history and ambition—transforming from a coal city into a hub for tech, innovation, and human capital in Nigeria’s Southeast. Dive into the journey with government and the private sector

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How freelancers and remote workers can navigate Nigeria’s new tax laws 

Many Nigerian freelancers and remote workers will start paying taxes for the first time in 2026 under the new Nigeria Tax Act. The law expands the tax net, requiring residents to declare and pay taxes on their worldwide income. Here’s all you need to know.

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ChatGPT to cost more in Nigeria as OpenAI adds 7.5% VAT

ChatGPT subscription price for Nigerians will now increase as OpenAI complies with VAT Act. Users will now include tax identification number to pay for the service.

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How CBN’s new agent banking rules will reshape competition in Nigeria’s fintech sector

CBN’s new agent banking rules, especially the exclusivity clause, could shrink agent flexibility, squeeze margins, and push Nigeria’s fintech sector toward consolidation.

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Nigeria’s lower house eyes tighter oversight of POS and crypto, cites rising fraud and cybercrime

The committee will work with regulators and security agencies to assess crypto and POS risks, aiming to balance financial innovation with consumer protection.

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Nigeria’s Central Bank limits POS agents to one financial institution amid regulatory tightening

From April 2026, Nigerian POS agents can work with only one principal under new CBN rules aimed at enhancing security, fairness, and transparency in agent banking operations nationwide.

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Meta, NDPC agree out-of-court settlement of $32.8 million fine

Meta is close to settling a $32.8m fine with Nigeria’s Data Protection Commission, after being accused of violating user privacy through behavioural ads on Facebook and Instagram.

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Why Trump’s $100,000 H-1B visa fee will barely touch African workers 

Trump’s $100k H-1B visa fee may shake up global hiring, but Africa will barely feel the impact. may barely feel the impact. Here’s why the numbers tell a different story.

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Trump’s $100k fee creates rare opportunity for African talents, but governments must take decisive action

President Trump’s executive order imposing a $100,000 fee on new H-1B visas could reshape global talent mobility, presenting a unique opportunity for Africa’s tech sector if governments act.

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10% excise duty on crypto transactions: What Kenyan tax experts think

The Kenyan Government imposed a 10% excise duty on all crypto transaction fees by exchanges. Here is what Tax experts in Kenya think

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BoG suspends remittance licences of Flutterwave, Cellulant, Tap Tap Send, others over regulatory breaches

The Bank of Ghana has suspended remittance services of eight fintech firms, including Flutterwave and Tap Tap Send, for breaching 2023 inward remittance guidelines.

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Pesapal secures crucial VAT exemption in Kenya

Pesapal has won a VAT exemption case in Kenya, a move that sets a major legal precedent for fintechs and limits KRA’s scope in taxing digital financial services.

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Meta threatened to exit Nigeria over $220m fine but two months after deadline, services are still running 

Two months after Nigeria’s FCCPC ordered Meta to pay a $220m fine for data privacy violations, Meta’s platforms continue running in Nigeria.

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Somalia launches e-visa platform to ease business travel and tighten border security

Somalia has introduced an online visa system, allowing foreign nationals to apply digitally as part of efforts to simplify travel and improve border security.

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Why Ethiopians aren’t buying into EVs one year after the fuel-car import ban 

Despite tax breaks and a ban on fuel-car imports, EVs remain out of reach for many Ethiopians. A typical EV costs about $12,000 against an average monthly income of under $200, and with poor resale value and few charging stations, electric cars remain a luxury.

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CBN’s POS geotagging push risks repeating naira redesign mistakes

The CBN’s push to geotag 4.2 million PoS terminals in 60 days risks repeating the chaos of the naira redesign, with major implications for operators, merchants, and financial inclusion.

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Delayed launch casts doubt on Nigeria’s open banking rollout

With the August 1 deadline now passed, experts fear that open banking may become yet another promising policy that fails to materialise.

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CBN mandates Moniepoint, OPay, PalmPay, others to geotag 4.2 million PoS terminals in 60 days

The CBN has ordered Moniepoint, OPay, PalmPay and others to geo-tag 4.2 million PoS devices within 60 days, restricting use to a 10-metre radius of merchants’ locations or face shutdown

Follow the story

Digital lenders face stricter rules as Nigeria’s FCCPC moves to protect borrowers

Nigeria’s FCCPC has introduced new lending rules to better protect borrowers and rein in aggressive digital lenders, mandating transparency and stricter penalties for violations.

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5 questions about Egypt’s new FRA sandbox answered  

Egypt has unveiled its new FRA sandbox to regulate the country’s non-banking financial sector. Here are five key points to understand, from what the FRA sandbox is and to who benefits.

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ChatGPT subscription price for Nigerians will now increase as OpenAI complies with VAT Act. Users will now include a tax identification number to pay for the service.



Nigeria’s House of Representatives has launched a committee to review crypto and POS operations amid rising fraud, as the country works to modernise and tighten its financial oversight.


Nigeria’s Central Bank tightens agent banking regulations by enforcing exclusivity, stricter compliance, and enhanced oversight.


Meta and Nigeria’s Data Protection Commission are discussing an out-of-court settlement of a $32.8 million fine imposed in February 2025.





Flutterwave, Cellulant Ghana, and Tap Tap Send are among eight firms whose remittance partnerships have been suspended by the Bank of Ghana for violating updated 2023 remittance service guidelines.


Kenya’s High Court has exempted Pesapal from VAT, overturning a $1.6 million tax demand. The ruling classifies digital payment services as financial services, setting a key precedent for fintech taxation.



Somalia has launched a digital visa platform for all foreign nationals, eliminating paper-based applications and boosting security through online verification.





The CBN has ordered Moniepoint, OPay, PalmPay and others to geo-tag 4.2 million PoS devices within 60 days, restricting use to a 10-metre radius of merchants’ locations or face shutdown