Telecoms Generated $810bn For Governments In 2025, GSMA

  Telecommunications has cemented its place as one of the largest single contributors to public finance worldwide, with the global mobile industry generating more than $810 billion in tax revenues for governments in 2025, underlining its widening role in digital transformation, economic growth, and public sector financing. The figure, contained in the GSMA’s The Mobile…

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Regulator Imposes N100 Million Foreign Exchange Fines

CBN Hikes ATM Card Fees

The Central Bank of Nigeria (CBN) has released an exposure draft of the “Guide to Charges by Banks and Other Financial Institutions, 2026,” proposing a rise in the cost of ATM card issuance and replacement. If finalized, the fee for standard debit and credit cards will climb to ₦1,500, a 50 per cent increase from…

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