Nigeria
US, Nigeria Export-Import Banks Sign MoU to Strengthen Trade
The Export-Import Bank of the United States (EXIM) and the Nigerian Export-Import Bank (NEXIM) have signed a landmark memorandum of understanding (MoU) aimed ...
Nigeria
Nigeria: FAAC Revenue Drops by ₦303 Billion in December
The Federal Government, states, and local government councils shared ₦1.424 trillion as revenue for December 2024, marking a notable decline of ₦303 billion, ...
News
Nigeria: Interbank Rates Drop as Banking System Liquidity Deficit Eases
The liquidity deficit in Nigeria’s banking system moderated significantly, closing at ₦190.50 billion on Thursday, down from ₦249.3 billion reported earlier in the ...
Nigeria
Nigeria: FG Targets N1.8tn from Bond Market in Q1 2025
The Federal Government aims to generate N1.8tn from the bond market in the first quarter of 2025, as revealed by the Debt Management ...
Innovation
Nigeria: CBN Launches Digital Initiatives to Transform Financial Transactions
The Central Bank of Nigeria (CBN) has introduced two groundbreaking digital initiatives: the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies ...
Regulatory
Global: UK’s Payment Systems Regulator Unveils Updated Strategy
The UK’s Payment Systems Regulator (PSR) has released an updated strategy marking the midpoint of its five-year strategic plan, highlighting its key commitments ...
Ghana
Ghanaian Banks’ Prospects Strengthen as Sovereign Restructuring Nears Completion
The Ghanaian banking sector is experiencing brighter prospects as solvency improves following the sovereign default, alongside reduced pressures from the operating environment. These ...
Regulatory
Global: RegTech Market to Grow by USD 42 Billion Between 2024 and 2029
The global RegTech market is projected to expand by USD 42 billion from 2025 to 2029, with an impressive compound annual growth rate ...
Nigeria
Nigeria: Bureau De Change Operators Struggle as CBN Recapitalisation Deadline Approaches
Nigeria’s Bureau De Change (BDC) operators are navigating significant challenges in their bid to meet the Central Bank of Nigeria’s (CBN) revised capitalization ...
Nigeria
Nigeria: FCCPC and NCC Sign MoU to Enhance Telecoms Regulation and Consumer Protection
The Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Communications Commission (NCC) have signed a Memorandum of Understanding (MoU) to strengthen ...