Nigeria’s CBN Makes AI Mandatory in Anti-Money Laundering Compliance
UphivaBETAR
The Central Bank of Nigeria has embedded AI into its AML compliance framework — the first time machine learning is mandatory under Nigerian banking law.
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Nigeria
125 posts
Nollywood’s Streaming Economy: What Netflix, Prime, and Showmax Are Actually Paying
The streaming wars have reached Nollywood — but what do the deals actually pay, and who captures the value?
The Curtain Goes Up — But the Numbers Don’t Add Up: Africa’s Performing Arts Production Economics
Africa’s performing arts sector produces world-class content inside a commercial model that structurally cannot sustain it. A deep look at the production cost stack, grant architecture, and touring economics across South Africa, Kenya, and Nigeria.
Nigeria Mandates AI Anti-Money Laundering: What Banks and Fintechs Must Build by September 2027
CBN’s AI AML baseline standards set specific technology requirements for transaction monitoring — with a September 2027 compliance deadline.
Two Telecoms, One Continent: What Airtel Africa and MTN’s FY2025 Results Reveal About Africa’s Biggest Strategic Bet
Airtel Africa and MTN have both reported FY2025 results. Both recovered sharply from currency-driven losses. But their strategies — asset-light vs infrastructure build, fintech IPO vs acquisition war chest — could not be more different.
Wise Gets Its Own Rails in Nigeria: What a Long-Awaited IMTO Licence Means for the UK-Nigeria Remittance Corridor
Wise’s CBN IMTO licence removes the third-party intermediation that capped its Nigerian pricing. The incumbents have reason to worry.
MTN Group FY2025: Nigeria Is Now the Engine
MTN Nigeria generated EBITDA of $1.926B in FY2025 — 84% above South Africa’s $1.048B. Nigeria has overtaken South Africa as MTN Group’s top profit contributor for the first time in the group’s 30-year history.
Africa Tech Brain Drain: Are Diaspora Return Programmes Actually Working?
Africa loses thousands of engineers, doctors, and researchers to emigration each year. A review of diaspora return programmes — what they offer, who returns, and whether the economics of return have improved.
Wise Is Now in Nigeria. Here Is What That Actually Means for the $24 Billion Corridor
Wise has received its IMTO licence from the CBN. What it means for pricing on the UK-Nigeria corridor, who it threatens, and what it cannot do.
Africa’s Battery Storage Moment: How BESS Is Finally Making Solar Reliable for Business
Battery energy storage systems are transforming Africa’s solar installations from intermittent to reliable — and unlocking a commercial energy market.
