Nigeria
Nigeria: NDIC Disburses N46.6bn in Liquidation Dividends to Uninsured Depositors of Defunct Heritage Bank
In a significant move aimed at reinforcing depositor confidence and strengthening regulatory compliance within Nigeria’s banking sector, the Nigeria Deposit Insurance Corporation (NDIC) ...
Nigeria
Nigeria: CBN Leads Strategic Push to Reposition Nigeria’s Global Economic Influence
In a bold affirmation of Nigeria’s commitment to economic reform, institutional revitalization, and global partnerships, the Central Bank of Nigeria (CBN), in collaboration ...
Global
World Bank Projects 3.6% Growth for Nigeria Amid Fragile Recovery and Rising Poverty
Nigeria’s economy is expected to grow by 3.6% in 2025, up from an estimated 3.4% in 2024, as structural reforms begin to reshape ...
Fintech
Nigeria: Major Nigerian Banks Including Zenith, GTCO, UBA to Disburse Dividends Ahead of Q1 2025 Earnings Reports
In a strategic move to reward shareholders and strengthen investor confidence, several leading Nigerian banks—including Zenith Bank, Guaranty Trust Holding Company (GTCO), and ...
Innovation
Nigeria Launches First-Ever AfCFTA Digital Hackathon to Accelerate Intra-African Trade and Innovation
In a groundbreaking step to operationalize the African Continental Free Trade Area (AfCFTA) through digital innovation and regulatory technology, Nigeria has announced the ...
Nigeria
Nigeria: CBN Champions Economic Reform and Investment Confidence at Global Forum in New York
In a bold demonstration of Nigeria’s renewed commitment to macroeconomic stability, regulatory reform, and international investment engagement, the Central Bank of Nigeria (CBN) ...
Innovation
Twelve Nigerian States Eliminate RoW Fees to Spur Rural Broadband Expansion and Digital Inclusion
In a significant step toward accelerating broadband penetration and fostering digital inclusion, twelve Nigerian states have waived the Right of Way (RoW) fees—historically ...
Nigeria
Twelve Nigerian States Scrap Right of Way Fees to Boost Rural Broadband Access
In a significant move to enhance broadband infrastructure and promote digital inclusion, twelve Nigerian states have waived Right of Way (RoW) fees to ...
Innovation
Nigeria’s Data Centre Boom: $630 Million Pledged to Support Digital Expansion and Regulatory Resilience
In response to skyrocketing internet consumption and the rising demand for localized cloud infrastructure, Nigeria’s data centre operators have committed over $630 million ...
Nigeria
Nigeria: CBN Slashes Treasury Bills Offer to N400 Billion Amid Weaker Investor Appetite
The Central Bank of Nigeria (CBN) has reduced its Nigerian Treasury Bills (NTBs) offer to N400 billion at this week’s primary market auction, ...