Nigeria
Nigeria: Cardoso signals cautious shift as CBN cuts rate to 26.5%
At a time when many Nigerians are still adjusting to higher prices and tighter credit, the decision of the Monetary Policy Committee of ...
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Nigeria: PenCom Rolls Out Digital Portal to Streamline Federal Retirees’ Enrolment
The National Pension Commission has launched a comprehensive digital reform of the retirement process for federal employees, marking a significant step toward modernising ...
Nigeria
Nigeria: Effective Implementation Critical to Unlocking Gains from Tax Reforms – Tegbe
Joseph Tegbe, Chairman of the National Tax Policy Implementation Committee (NTPIC), has emphasised that the real value of Nigeria’s tax reforms will depend ...
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Nigeria: Union Bank Reassures Customers on Stability Following CBN Governor’s Remarks
Union Bank of Nigeria has reaffirmed the safety of customer deposits and the stability of its operations following recent comments by the Governor ...
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 ...