April 2, 2026

Explainers

Explainers

Ghana’s national ID now doubles as ATM card: Here is what it means

Ghana’s National ID has been upgraded to a payment card as well. Ghanaians already use the card to register SIM cards, apply for passports, and access government services can now hold money, process payments, and send funds internationally. The National Identification Authority (NIA), the statutory body that manages Ghana’s national identification system, has activated an.

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Explainers

What Nigeria’s Senate rejection of real-time transmission of results means

The recent rejection of real-time transmission of election results by Nigeria’s Senate has stirred public debate and disappointment. Many had hoped that the amendment to the Electoral Act would make the electronic transmission of results mandatory, especially following criticisms of the 2023 election’s transparency. However, the Senate’s decision has left the law as it stands,.

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Will Dangote Refinery IPO push Nigeria’s stock market over $140 billion?

Talks about a public listing for Dangote Refinery are advancing quickly and may be the biggest capital-market stories in Nigeria. The reason is that the asset is so large that bringing even a slice of it to market would materially change the Nigerian Exchange (NGX) in terms of size, liquidity, and global visibility. At the.

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What you should know about 7.5% VAT on bank transfers from January 19

Effective Monday, January 19, 2026, many Nigerians will see a 7.5% value-added tax (VAT) added to certain banking service charges, including fees for mobile/app transfers, USSD transactions, and some POS-related charges. The key point is this: VAT is applied to the bank’s service fee, not to the amount of money you send, withdraw, or receive..

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