News
Nigeria: Proposed US Remittance Tax May Curtail Nigeria’s FX Inflows and Spur Informal Transfers — CSL
CSL Stockbrokers Limited has warned that a proposed United States (US) legislation imposing a 5% tax on outbound remittances could significantly impact Nigeria’s ...
News
Nigeria: World Bank Projects Inflation to Average 22.1% in 2025, Backed by CBN’s Tight Monetary Policy
The World Bank has projected that Nigeria’s average inflation rate will ease to 22.1% in 2025, citing the Central Bank of Nigeria’s (CBN) ...
Nigeria
Nigeria: Sterling Holdings Shares Dip Amid Regulatory Filing Delays
Sterling Financial Holdings Company Plc experienced a significant decline in market value on Monday, shedding approximately 6% amid high trading volume and regulatory ...
Nigeria
Nigeria: CBN Ups Treasury Bills Offer to ₦550bn Amid Declining Investor Demand
The Central Bank of Nigeria (CBN) has raised the total offer at its latest Treasury Bills (T-Bills) Primary Market Auction to ₦550 billion, ...
Namibia
Nigeria: Unclaimed Dividends – Shareholders Urge SEC to Simplify Claims Process and Remove Bottlenecks
Retail shareholders have renewed calls on the Securities and Exchange Commission (SEC), registrars, and capital market operators to simplify and streamline the claims process ...
Nigeria
Nigeria’s IMF Loan Repayment Sends Strong Signal to Global Markets
Nigeria’s full exit from the International Monetary Fund (IMF) debt list following the repayment of its $3.35 billion emergency loan has been hailed ...
Innovation
Nigeria: SEC Launches Tech Adoption Survey to Drive Innovation in Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) has rolled out a technology adoption assessment survey for registered Capital Market Operators (CMOs), reinforcing its commitment ...
Africa
Africa: AI-Powered Cybercrime Highlights Growing Need for Human-Centric Cybersecurity in Africa
Artificial intelligence (AI) is rapidly reshaping the cybersecurity landscape — offering both opportunities and escalating risks — according to Allan Juma, a cybersecurity ...
Egypt
Egypt’s MoneyFellows Secures $13M to Scale Digital Money Circles and Advance Inclusive Finance
Egyptian fintech innovator MoneyFellows has raised $13 million in a pre-Series C funding round to expand its mobile-based platform that digitizes traditional money ...
Innovation
Nigeria Joins Asian Infrastructure Investment Bank to Accelerate Economic and Infrastructure Reforms
The Federal Executive Council (FEC) has approved Nigeria’s full membership in the Asian Infrastructure Investment Bank (AIIB) as a non-regional member, signaling a ...