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 ...
Nigeria
Nigeria: NCC Sets Four-Hour Deadline for Telcos to Report Cyberattacks
The Nigerian Communications Commission (NCC) has directed telecommunications operators and other communications service providers to report any cyberattack within four hours of detection ...
News
Nigeria: CBN’s Monetary Discipline Expected to Stabilise FX, Ease Inflation in 2026 – Report
A new macroeconomic outlook by Comercio Partners says disciplined monetary policy by the Central Bank of Nigeria(CBN) could help stabilise the foreign exchange ...
Nigeria
Nigeria: 30 Banks Meet New Capital Threshold as Recapitalisation Programme Advances – CBN
Central Bank of Nigeria (CBN) has announced that 30 banks have met the revised minimum capital requirements introduced in March 2024 as part ...
Fintech
Nigeria: Nomba Partners Volume to Enable Nigerian Merchants Receive Payments in Pounds
Nomba, a Nigerian fintech providing banking and payment solutions, has partnered with UK-based payment platform Volume to allow Nigerian businesses receive payments in ...
Nigeria
Nigeria’s Reform Drive Supports Growth Outlook Amid Naira Volatility – S&P
Analysts at S&P Global Ratings have expressed cautious optimism about Nigeria’s economic outlook, noting that the reform agenda introduced by President Bola Tinubu ...
Nigeria
Nigeria: CBN Strengthens Foreign Reserves with $3.5bn Gold Holdings
Nigeria’s foreign reserves have received a significant boost as the Central Bank of Nigeria (CBN) confirmed that the value of its gold holdings ...
Nigeria
Nigeria: NDPC Joins Global Regulators to Address Privacy Risks in AI-Generated Content
The Nigeria Data Protection Commission (NDPC) has joined more than 60 global Data Protection Authorities (DPAs) in endorsing a Joint Statement on AI-Generated ...