The International Monetary Fund (IMF) and Cameroonian authorities have reached a staff-level agreement on the seventh reviews of the Extended Credit Facility (ECF) ...

Between December 2023 and December 2024, Nigeria saw a dramatic drop in active internet users—from 163.8 million down to 139.2 million—according to the ...

The National Insurance Commission (NAICOM) has announced updated regulatory requirements for life insurance companies offering annuity products across the country. An annuity is ...

The Central Bank of Nigeria (CBN) has forecasted that diaspora remittances will surge to N31.787 trillion when the fourth-quarter 2024 data is released. ...

In a decisive effort to combat financial fraud, the Central Bank of Nigeria (CBN) has mandated the Nigeria Inter-Bank Settlement System (NIBSS) to ...

Global money transfer platform Wise has been ordered to pay $2.025 million in penalties by the Consumer Financial Protection Bureau (CFPB) for misleading ...

Cedar Money, a cross-border stablecoin payments platform, has raised $9.9 million in a seed funding round led by QED Investors. The round also ...

 The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has stated that without the bank’s policy interventions, inflation could have surged ...

The recent 50% telecom tariff increase approved by the Nigerian Communications Commission (NCC) is projected to generate N1.6 trillion in tax revenue while ...

In a strategic move to enhance market surveillance and combat financial crimes, NGX Regulation Limited (NGX RegCo), the independent regulatory arm of the ...