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NIGERIAN NEWS
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Nigerian Banks Raise Salaries as Talent Battle With Fintechs Intensifies

Nigeria’s banking sector significantly increased employee compensation in 2025 as lenders battled inflation, rising migration, and aggressive recruitment from fintech startups. An analysis of the audited financial statements of Access...
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MTN Nigeria Investors Set to Decide on Fintech Business Separation

Shareholders of MTN Nigeria Communications Plc are preparing to vote on a major corporate restructuring that could reshape the company’s future growth strategy. The decision, scheduled for Thursday during its...
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Global Push Against Crypto Crime: Police in Nigeria’s Largest City Train Detectives in Advanced Digital Investigations

The Police Special Fraud Unit (PSFU) in Ikoyi, Nigeria’s largest city, has intensified efforts to combat financial crimes by equipping its detectives with specialized knowledge in cryptocurrency investigations. The training...
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CBN Refutes Polaris Bank Liquidation Rumours, Reaffirms Stability of Financial System

Nigeria’s apex financial regulator, the Central Bank of Nigeria (CBN), has firmly denied circulating claims that Polaris Bank is facing liquidation, emphasizing that the country’s banking sector remains resilient and...
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Paga Founder Tayo Oviosu Steps Into Group CEO Role as Leadership Shake-Up Signals Pan-African Ambitions

Fintech veteran hands over Nigeria operations to Opeyemi Oyinloye while focusing on expansion, AI, and next-generation financial infrastructure Leadership Transition Marks a New Era Tayo Oviosu is stepping away from...
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CBN Launches Crypto Supervision Pilot to Strengthen Oversight of Digital Asset Firms

A New Phase for Crypto Regulation in Nigeria The Central Bank of Nigeria (CBN) has introduced a supervisory pilot program aimed at improving oversight across Nigeria’s digital asset industry. The...
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Flutterwave Secures Nigerian Banking Licence, Marking Major Leap for Digital Finance

Regulatory Approval Signals New Era Nigeria’s leading fintech company, Flutterwave, has reached a major milestone after securing a full banking licence from national regulators. The development is set to significantly...
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EFCC Raises Alarm Over Surge in Crypto-Related Crimes

Nigeria’s leading anti-corruption agencies have sounded the alarm over a sharp rise in financial crimes linked to digital currencies, warning that the rapid expansion of cryptocurrency usage is being exploited...
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Fintech Platforms Are Transforming SME Financing and B2B Trade in Nigeria

Small and medium-sized enterprises (SMEs) have long been the backbone of Nigeria’s economy, yet for years they remained largely excluded from formal financial systems. Despite contributing significantly to employment and...
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Binance Moves Toward Settlement Talks With Nigerian Government Over Tax Case

Binance has initiated discussions with the Nigerian government in an effort to resolve an ongoing tax evasion case outside the courtroom, signaling a possible shift in the high-profile legal dispute....
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