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 ...
Regulatory
Zambia’s President Backs New Cybercrime Laws Amid Rights Backlash
Zambia’s President Hakainde Hichilema has strongly defended the country’s new cybercrime laws, even as critics raise concerns about threats to free speech. The ...
Ghana
Ghana Tightens Law on Stablecoin Promotions
The Bank of Ghana (BoG) has sent out a strong warning to stop the illegal advertising of virtual assets and stablecoin products. This ...
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 ...
News
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 ...
News
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 ...
News
Nigeria: Ecobank Nigeria Drives Cross-Border Trade Agenda to Accelerate Africa’s Economic Integration
Ecobank Nigeria has reinforced its commitment to strengthening cross-border trade and advancing Africa’s economic integration following the successful hosting of its Customer Forum ...
News
Nigeria: PenCom DG Highlights Informal Sector as Next Frontier for Pension Growth and Capital Formation
The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has identified Nigeria’s vast informal sector as a critical growth frontier for pension ...
Africa
Africa: UBA UK Targets $100bn Trade Finance Gap to Boost Africa’s Global Trade
The Chief Executive Officer of UBA UK, Loknath Mishra, has unveiled an ambitious strategy to help close Africa’s estimated $100 billion trade finance ...