Nigeria
Nigeria: Naira Strengthens to N1537 after CBN Sells $40m to Banks
The naira appreciated to N1,537 per US dollar in the official foreign exchange market on Tuesday following the Central Bank of Nigeria’s (CBN) ...
Nigeria
Nigeria: Access Bank Surpasses Recapitalisation Deadline, Exceeds New Capital Requirement
Access Bank, a subsidiary of Access Holdings Plc and Nigeria’s largest lender by total assets, has successfully exceeded the Central Bank of Nigeria’s ...
Nigeria
Nigeria: CBN Disqualifies 41.65 Million Shares in Access Holdings Rights Issue
The Central Bank of Nigeria (CBN) has disqualified 41.65 million shares valued at ₦822.60 million in Access Holdings Plc’s recently concluded rights issue. ...
Nigeria
Nigeria Receives $285m in Foreign Capital from African Investors – NBS
The National Bureau of Statistics (NBS) has reported that African investors, excluding Nigeria, contributed a substantial $285.11 million foreign capital to Nigeria during ...
Nigeria
Nigeria: Telecom Sector Urged to Address Key Challenges to Drive Growth
The Nigerian telecom industry has been called upon to tackle critical challenges such as right-of-way (RoW) bottlenecks and multiple taxation, which continue to ...
Regulatory
Global: Turkey Implements Stricter Crypto AML Regulations
Turkey has unveiled stringent Anti-Money Laundering (AML) regulations for cryptocurrency transactions, set to take effect on February 25, 2025. These measures enable crypto ...
Nigeria
Nigeria: NCC Approves MTN’s Spectrum Lease Renewal with Ntel
The Nigerian Communications Commission (NCC) has approved the renewal of the spectrum lease agreement between MTN Nigeria Communications Plc and Natcom Development and ...
Nigeria
Nigeria: SEC to Implement Global Fintech Regulations
The Securities and Exchange Commission (SEC) has unveiled plans to introduce global-ready fintech regulations to align Nigeria’s fintech sector with international standards. In ...
Nigeria
Nigeria’s CBN and NCC Mandate ₦250 Billion USSD Debt Settlement Between Banks and Telecom Operators
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have jointly directed Deposit Money Banks (DMBs) to resolve the long-standing ...
Nigeria
Nigeria: Forex Reforms Pave Way for 1500/$ Target, Says ABCON
The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadebe, has expressed optimism about achieving the 1500/$ exchange ...
