Nigeria
Nigeria: CBN Mandates Automated Systems for Detecting and Reporting Suspicious Transactions
The Central Bank of Nigeria (CBN) has introduced new regulatory guidelines requiring banks and other financial institutions to deploy automated systems capable of ...
Nigeria
Nigeria’s External Reserves Rise Above $50bn, Highest in Over a Decade — CBN
Nigeria’s gross external reserves have exceeded the $50 billion mark, reaching their highest level in more than 13 years, according to the Central ...
Nigeria
Nigeria: NIMC Enables Nigerians Abroad to Obtain NIN Through Overseas Enrolment Centres
The National Identity Management Commission (NIMC) has announced that Nigerians living abroad can now obtain their National Identification Number (NIN) remotely through accredited ...
News
Nigeria: CRC Credit Bureau boosts digital services with mobile app
CRC Credit Bureau has launched CRC Mobile App, a smart, secure platform designed to give customers seamless access to their credit information and ...
News
Nigeria: National Single Window to Simplify Trade Processes, Strengthen Nigeria’s Competitiveness — Fakolade
Tola Fakolade, Director of the Nigeria National Single Window, says the initiative will streamline trade procedures, simplify import and export documentation, and enhance ...
Nigeria
Nigeria: CBN Extends Timeline for Banks to Implement Automated AML Compliance Systems
The Central Bank of Nigeria (CBN) has extended the timeline for financial institutions to comply with its newly issued baseline standards for automated ...
Nigeria
Nigeria: Tech Innovation and Digital Commerce Are Reshaping Modern Markets — FCCPC Chief
Tunji Bello, Executive Vice-Chairman and Chief Executive Officer of the Federal Competition and Consumer Protection Commission (FCCPC), says rapid technological innovation and the ...
Nigeria
Nigeria: FCMB Capital Base Reaches N288.96bn as Bank Awaits CBN Approval
FCMB Group Plc says it has achieved a verified capital base of N288.96 billion as it moves closer to meeting the new recapitalisation ...
News
Nigeria: Currency Outside Banks Falls 3.66% in January as Cash Demand Eases
Currency held outside the banking system and total currency in circulation recorded slight declines in January 2026, reflecting a moderation in cash demand ...
Fintech
Nigeria: After FATF Grey List Exit, Nigeria Aims to Shape Fintech Standards in Africa
Following two years of coordinated regulatory reforms, Nigeria has cleared a major reputational hurdle after being removed from the Financial Action Task Force ...