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CBN Baseline Standards 2026 AML: Fintechs Face 24-Hour Automated Trigger Mandate
The Central Bank of Nigeria’s (CBN) newly issued Baseline Standards for Automated AML Solutions force mobile money operators and fintechs to forward automated behavioral anomaly triggers…
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Hardware
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The 26.5% Benchmark: Why Fintechs Are Rethinking Debt in a High-Rate Economy
Nigeria’s financial technology sector is facing a new reality. With the Monetary Policy Rate (MPR) holding at 26.5%, the cost of borrowing from local commercial banks has reached levels many…
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Africa Startup Funding Report 2026: Why Early-Stage Seed Deals Face a Flight to Safety
African tech startups secured $843 million across 160 deals between January and May 2026. While overall volume is recovering from a deep March low, a sharp trend toward venture capital…
Commerce
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CBN Mandates Bloomberg BMatch for EFEMS Interbank FX Trading
Bloomberg BMatch: The Central Bank of Nigeria (CBN) has officially transitioned interbank foreign exchange trading to the Electronic Foreign Exchange Matching System (EFEMS), designating…
