Nigeria
Digital economy to generate more revenue than oil — 4DG
Nigeria as a nation will soon reach the stage where the digital economy will generate more revenue than oil, Director General of the ...
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Nigeria: CBN Opposes Fresh Anti-Money Laundering Laws
The Central Bank of Nigeria (CBN) on Thursday kicked against the plan by the Senate to enact new anti-money laundering laws without required ...
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Nigeria: Nigeria’s GDP expands further by 3.98% in Q4 2021
Nigeria’s Gross Domestic Product (GDP) grew by 3.98% year-on-year in real terms in the fourth quarter of 2021, indicating a sustained positive growth ...
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Nigeria: Bank loans to private sector rise by N5.1tn, hit N36.7tn – CBN report
Between January and December 2021, the Nigerian banking sector’s credit to the private sector rose by N5.1tn or 16.67 per cent, according to ...
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Nigeria: Lagos introduces new residents’ card, used for payment services, loan applications, others
The Lagos State Government has announced the introduction of a new resident card with multipurpose functions for residents. The new card which is ...
Nigeria
Regulatory requirements: 27 firms forced to exit Nigerian stock exchange in five years
A total of 27 companies were forced to delist from the Nigerian Stock Exchange between 2016 and 2021, according to data from the ...
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Nigeria: Number of Nigerians contributing pension rise to 9.5 million in 2021
The Nigerian Pension industry recorded another milestone in 2021 as the total fund asset under management gained a sum of N1.12 trillion in ...
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Nigeria: Nigeria’s internet subscriber base surges by 14 million to 154.3 million users in Q4 2021
The number of Internet subscribers in Nigeria grew astronomically by 14.03 million in the fourth quarter of 2021 to 154.3 million compared to ...
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Nigeria: SEC Engages Agencies to Curb Ponzi Schemes
The Securities and Exchange Commission (SEC) says it is engaging with the National Orientation Agency (NOA) as well as regulators of public agencies ...
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Nigeria: CBN cuts TB rate again as oversubscription hits 355%
Average interest rate on treasury bills fell to 3.66 per cent last week following the decision of the Central Bank of Nigeria, CBN, to ...