Nigeria
Nigeria: PenCom Revises Pension Fund Price Disclosure Framework
The National Pension Commission (PenCom) has directed Pension Fund Administrators (PFAs) to discontinue the publication of daily unit prices for Retirement Savings Account ...
Nigeria
Nigeria: CBN Intervenes in FX Market to Moderate Naira Appreciation
The Central Bank of Nigeria (CBN) moved to temper the recent appreciation of the naira, purchasing approximately $190 million from the foreign exchange ...
Nigeria
Nigeria’s Capital Market Surges 125% to ₦123.93 Trillion – SEC Highlights Growth Momentum
Nigeria’s capital market has recorded a remarkable expansion, with total market capitalisation rising by 125 percent — from approximately ₦55 trillion in April ...
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Nigeria: Ecobank Nigeria Redeems $300m Eurobond, Shifts Focus to Domestic Funding
Ecobank Nigeria has successfully repaid the full outstanding principal and accrued interest on its $300 million Eurobond due February 16, 2026, marking a ...
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Nigeria and South Africa Lead Stablecoin Adoption as Usage Nears 80%
Nigeria and South Africa are emerging as frontrunners in Africa’s stablecoin expansion, with close to 80 percent of cryptocurrency users in both markets ...
Nigeria
Nigeria: FG, Japan Launch $50m Impact Innovation Fund to Boost Nigerian Startups
The Federal Government has formalised the establishment of a $50 million Impact Innovation Fund aimed at strengthening Nigeria’s startup ecosystem and supporting ventures ...
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Nigeria: Ecobank Nigeria Drives Cross-Border Trade Agenda to Accelerate Africa’s Economic Integration
Ecobank Nigeria has reinforced its commitment to strengthening cross-border trade and advancing Africa’s economic integration following the successful hosting of its Customer Forum ...
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Nigeria: PenCom DG Highlights Informal Sector as Next Frontier for Pension Growth and Capital Formation
The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has identified Nigeria’s vast informal sector as a critical growth frontier for pension ...
Nigeria
Nigerian Banks Clear N300bn USSD Debt, Telcos Confirm
Telecommunications operators have confirmed that Deposit Money Banks (DMBs) have fully settled the estimated ₦300 billion owed for Unstructured Supplementary Service Data (USSD) ...
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Nigeria: Data privacy issues threaten Nigeria’s financial inclusion
Growing concerns over data privacy and security are emerging as a significant barrier to Nigeria’s financial inclusion drive, despite years of investment in ...