Nigeria Revenue Service has commenced enforcement of 7.5% value-added tax (VAT) on service charges linked to digital financial transactions, leading to higher fees across point-of-sale payments,...
Mobile gaming is experiencing a global rise in demand, with revenues hitting never-before-seen figures. In Africa, the appetite for mobile gaming is growing at an unprecedented...
The value of mobile transactions also jumped by 124.85% to N2.37tn from N1.05tn in January 2022.
Data from the Nigeria Inter-Bank Settlement System (NIBSS) shows that total transactions made by Nigerians via mobile banking in November 2022 stood at N2.1 trillion while...