Nigeria
Nigeria: CBN Sets Ambitious 21.4% Inflation Target for 2024
In the face of persistent price volatility, the Central Bank of Nigeria (CBN) has outlined an ambitious goal, targeting a 21.4% inflation rate ...
Regulatory
Global: EU Commission Unveils Comprehensive Support Measures, Including AI Factories, for Startups and SMEs
In a significant move to bolster the development of trustworthy artificial intelligence (AI) aligning with European Union (EU) values and regulations, the European ...
Nigeria
Nigeria: FIRS Aims for N19.4 Trillion Revenue in 2024 After Surpassing 2023 Target
The Federal Inland Revenue Service (FIRS) exceeded its 2023 revenue target by N816 billion, achieving a remarkable 107% performance over the set goal. ...
Nigeria
Nigeria: EFCC Investigates $347 Billion Forex Allocations, Summons Foreign Firms
The Economic and Financial Crimes Commission (EFCC) is currently conducting an investigation into forex allocations totaling at least $347 billion disbursed to companies ...
Regulatory
Global: Federal Reserve Extends Comment Period and Releases Additional Data on Interchange Fee Proposal
The Federal Reserve Board has decided to extend the comment period for its interchange fee proposal, originally slated to conclude on Feb. 12. ...
Regulatory
Global: German Financial Regulator Issues Caution on Commercial Property and Bank Profits in 2024
Germany’s financial market regulator, BaFin, has raised concerns about the outlook for bank profits in 2024 and identified commercial property as a major ...
Nigeria
Nigeria: NIMC Set to Launch User-Friendly App for Diaspora NIN Registration in February
The National Identity Management Commission (NIMC) has finalized plans to introduce a self-service application next month, enabling Nigerians in the diaspora to easily ...
Nigeria
Nigeria: NDPC Urges Training of Over 500,000 Data Specialists in Nigeria
The Nigeria Data Protection Commission (NDPC) has emphasized the urgent need for the training and deployment of over 500,000 data protection officers in ...
Nigeria
Nigeria: CBN Signals Continued Tightening in 2024, Anticipates Interest Rate Hikes
The Central Bank of Nigeria (CBN) is poised to maintain its policy of tightening monetary rates throughout 2024, responding to a persistent surge ...
Nigeria
Nigeria: CBN Reschedules MPC Meeting for February, Ending Postponement
Putting an end to the indefinite postponement of its regular bi-monthly assessment of key economic indicators, the Central Bank of Nigeria (CBN) has ...