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    Digital Economy

    Explainer: What is the “metaverse”?

    LONDON, Oct 18 (Reuters) - Facebook (FB.O) said on Monday that it will hire 10,000 people in Europe to help it build a "metaverse". The...

    E-payments rose by 6.37% to N24tn in September – NIBSS

    The value of e-payment transactions in Nigeria rose by 6.37 per cent to N24.08tn in September. This was according to the data released by the...

    62% of enterprises use mobile banking, says NBS

    The National Bureau of Statistics has said that 62 per cent of enterprises use mobile banking for their business operations. The NBS said this in...

    Pantami: FG To Deploy 5G Network

    Isa Pantami, minister of communication and digital economy, says the fifth-generation (5G) cellular networks will be deployed in January 2022. The minister made the announcement...

    Boss Mustapha: Buhari Asked FIRS To Tax Digital Transactions

    President Muhammadu Buhari has ordered the deployment of technology to tax digital transactions carried out across the country. Boss Mustapha, the secretary to the government...

    Nigerians Will Download E-naira Wallets From October 1 – CBN

    faults calls for Emefiele’s resignation The Central Bank of Nigeria (CBN) has said that Nigerians can begin to download e-naira wallets on their phones from...

    How to Tax in Asia’s Digital Age

    By Era Dabla-Norris, Ruud De Mooij, Andrew Hodge, and Dinar Prihardini 中文, Español, 日本語 New global reforms will change where tech giants pay taxes in Asia and...

    Digital currencies to be credit negative for banks

    Wide adoption of central bank digital currencies (CBDCs) in cross-border payments and settlements will be credit negative for banks because of lower fees and...

    Unconfirmed Report Claims Nigeria Loses ₦247.61 Billion In 100 Days Of Twitter

    The Twitter ban in Nigeria has extended to 100 days, and in that time frame the nation has lost N247.61bn, Unconfirmed reports claim The Federal...

    Federal Executive Council Approves National Policy On 5G Deployment

    The Federal Executive Council has approved the National Policy on Fifth Generation (5G) Networks for Nigeria’s Digital Economy. The 5G Policy was approved at the...

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