OPINION/EDITORIAL

Increased Funding Affirms Growth Opportunities

October 8, 2021/CSL Research According to a Business Day report, eight (8) Nigerian-based fintech companies attracted about US$500 million in nine months. The companies are Flutterwave, which raised US$170 million in March 2021, Opay raised US$400 million in May 2021, of which a major part was for Nigeria. Kuda Bank […]

NCC’s Proposed Age Limit for SIM Registration

October 7, 2021/CSL Research There have been recent news reports about the Nigerian Communication Commission banning Minors (People of ages below 18 years) from acquiring Subscribers Identification Modules (SIM Card) in Nigeria. In a press statement today, the Nigerian Communication Commission (NCC) clarified its position stating that the commission has […]

When It Comes to Public Finances, Credibility Is Key

(PHOTO: FILADENDRON BY GETTY IMAGES) October 7, 2021/IMFBlog By Raphael Espinoza, Vitor Gaspar, and Paolo Mauro Ending the health crisis and addressing its immediate fallout remains the top priority, but governments would also benefit from committing to fiscal responsibility. From the outset of the COVID-19 pandemic, governments have extended massive fiscal support that […]