Nigeria
Nigeria: DPO Group granted regulatory licence to provide payments services in Nigeria
DPO offers merchant aggregation services to over 60,000 active merchants, including eCommerce companies, airlines and travel agents One Payment Limited, a subsidiary of ...
Nigeria
Nigeria: Loan repayments, dividend payout force capital outflow from Nigeria – CBN
The Central Bank of Nigeria (CBN) has stated that the financial and manufacturing sectors caused the jump in Nigeria capital outflow. This was ...
Nigeria
Nigeria: IMF proposes $50bn trust fund for Nigeria and others
In an effort to build resilience to balance of payments shocks, The International Monetary Fund (IMF) has proposed a $50bn trust fund for ...
Nigeria
Nigeria: Financial services sector grows by N44.2 trillion in 3 years
A recent report by the National Development Plan (NDP) has shown that the financial sector added a total of N44.2 trillion to the ...
Nigeria
Nigeria: CBN releases export/import e-invoicing guidelines
The Central Bank of Nigeria (CBN) has released guidelines for the e-Valuator and e-Invoice to replace hard copy invoices for both exports and ...
Nigeria
Nigeria: Financial services sector grows by N44.2 trillion in 3 years
A recent report by the National Development Plan (NDP) has shown that the financial sector added a total of N44.2 trillion to the ...
Nigeria
Nigeria: CBN May Devalue Naira By 10% – Standard Chartered
A senior Investment Strategist at Standard Chartered, Abhilash Narayan, has said the Central Bank of Nigeria (CBN) may be seen to devalue the ...
Nigeria
Nigeria: AXA Mansard refreshes board, appoints non-executive directors, compliance officer
AXA Mansard Insurance Plc has announced changes in its board and management. The insurer made this known in a disclosure to the Nigerian ...
Nigeria
Nigeria: CBN intervention has led to a huge drop in imported rice from Thailand – Emefiele
The Central Bank of Nigeria (CBN) has stated that its intervention in the Nigerian agricultural sector has led to the massive reduction in ...
Nigeria
Nigeria: PenCom reviews Pension Reform Act 2014
The National Pension Commission (PenCom) has reviewed the Pension Reform Act 2014 (PRA 2014) as a prelude to advancing legislative action on the ...