Nigeria
Nigeria: CBN Suspends Dividends, Bonuses for Select Banks Under New Stability Directive
The Central Bank of Nigeria (CBN) has announced the temporary suspension of dividend and bonus payments for a select group of banks as ...
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Nigeria: Edun, Cardoso Strengthen Policy Synergy as Nigeria’s Inflation Eases
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has met with the Governor of the Central Bank of Nigeria ...
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Nigeria: Interswitch Launches PensionRemit to Streamline Compliance with Nigeria’s New Pension Remittance Framework
In a major step toward enhancing regulatory compliance and operational efficiency in Nigeria’s pension sector, Interswitch—one of Africa’s foremost digital technology companies—has unveiled ...
Nigeria
Nigeria’s SEC to Develop Stablecoin Framework to Boost Cross-Border Trade and Digital Finance
The Securities and Exchange Commission (SEC) of Nigeria has unveiled plans to establish a comprehensive regulatory framework for stablecoins—an initiative designed to unlock ...
Nigeria
Nigeria: Renaissance Capital Identifies Top Nigerian Banks Affected by CBN Dividend Suspension Directive
Renaissance Capital has flagged Zenith Bank, FirstBank, and Access Bank as the most exposed to the Central Bank of Nigeria’s (CBN) new policy ...
Nigeria
Nigeria: Insurers Endorse NAICOM’s Cybersecurity Guidelines as Strategic Industry Safeguard
The Insurers Committee has thrown its weight behind the National Insurance Commission’s (NAICOM) proposed cybersecurity guidelines, describing the initiative as a forward-looking strategy ...
Nigeria
Nigeria: ESG Standardisation Set to Reshape Nigeria’s Pension Industry – PenOp
The Pension Fund Operators Association of Nigeria (PenOp) has stated that the adoption of standardised Environmental, Social, and Governance (ESG) reporting frameworks will ...
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Nigeria: NGX Group and SEC Strengthen Nigeria–China Capital Market Ties to Spur Investment and Economic Growth
Nigeria’s leading capital market regulators and operators are deepening strategic engagement with China in a bid to unlock cross-border investment flows and position ...
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Nigeria Partners with Meta to Launch AI Accelerator, Strengthen Strategic Tech Collaboration
In a significant move to bolster its digital transformation agenda, the Federal Government of Nigeria, through the Ministry of Communications, Innovation and Digital ...
Nigeria
Nigeria: NAICOM Set to Release Supplementary Annuity Guidelines to Strengthen Market Confidence
The National Insurance Commission (NAICOM) is set to issue supplementary guidelines for Nigeria’s annuity business, reinforcing its commitment to market stability, policyholder protection, ...