News
Nigeria: NAICOM set to implement IFRS17 From Jan 2023
The National Insurance Commission (NAICOM) has said that it would not go back on the proposed implementation of International Financial Reporting Standard (IFRS17) ...
Innovation
Nigeria: NDIC to Adopt Risk-based Approach in Determining Banks’ Premium
The Nigeria Deposit Insurance Corporation (NDIC) said it was reviewing its approach for determining the premium by banks to its Deposit Insurance Fund ...
News
Nigeria: World Bank says CBN FX policies discourage foreign investment and fuel inflation
The World Bank has stated that the Central Bank of Nigeria’s exchange rate management policies continue to discourage investment and fuel inflation. This was disclosed ...
Nigeria
Nigeria: SEC Warns Companies, Registrars to Stop Selective Dividend Payments
The Securities and Exchange Commission (SEC) has warned quoted companies and capital market registrars against the practice of making selective payments and distribution ...
Nigeria
GreenTec Capital invests undisclosed amount in Nigeria logitech ShapShap
ShapShap, a Nigeria logitech startup is focused on delivering Africa’s fragmented logistics market. This logitech is focused on delivering Africa’s fragmented logistics market. ...
Innovation
Nigeria: Access Bank, SME.NG, others partner to roll out female entrepreneurs product
Access Bank Plc, in partnership with SME.NG and other leading institutions, including the Bank of Industry (BOI), LAPO Microfinance Bank, Chapel Hill Denham, and ...
News
Nigeria: eNaira has recorded about 600,000 downloads, digital transactions have risen by over 153% – Emefiele
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has revealed that the CBN Digital currency app, the eNaira app, has witnessed almost ...
News
Nigeria: NDIC Pays N11.76 Billion to 535,815 Depositors of Closed Banks
The Nigerian Deposit Insurance Corporation (NDIC) said it has paid a total of N11.76 billion as insured sum to 535,815 depositors, while N101.666 ...
News
Nigeria: CBN to Set Up International Finance Centre in Eko Atlantic City
The Central Bank Governor, Godwin Emefiele, said that the apex bank would establish an International Financial Centre at the Eko Atlantic City for ...
Intelligence
Nigeria: Currency in circulation rose by N129bn in October – CBN
The currency in circulation in the country rose by N129bn to N2.97tn in October from N2.84tn in September, according to the figures from ...