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South Africa was the only country to remain in contraction, with a PMI of 49, underscoring the economy’s continued divergence from an otherwise strengthening regional trend.

The CBN’s new APP fraud draft rules shift liability across Nigeria’s payment system, introducing mandatory refunds, stricter timelines and Board-level oversight.

Nigeria’s fraud problem is deeper and more systemic than most admit. This analysis explores the loopholes, collusion networks and infrastructure gaps enabling financial crime.

The latest GDP figures arrive as Nigeria faces growing US pressure to tackle its security crisis, which continues to disrupt key sectors, including agriculture.
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In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…

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The group’s half-year financials shows that while Access Nigeria’s profits plunged, its African peers—from Ghana to Rwanda and Mozambique—posted robust growth, helping rebalance the group’s earnings base.

The proposed levy may reshape Senegal’s fast-growing payments ecosystem, with experts warning of lower digital usage, weaker agent activity and a potential return to cash.

The BoG’s latest decision aligns strongly with market expectations and reflects the bank’s confidence that price growth will remain contained in the near term.

Despite recording six transactions, the island nation attracted the highest deal value on the continent (excluding South Africa), with private equity inflows surging by 311.3% to $1.25bn in the first nine months of this year—the highest in three years—from $38.9m.