Nigeria
Nigeria: Cardoso Confirms 16 Banks Have Met the New CBN Minimum Capital Requirement
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), recently shared some good news about the banking industry. He confirmed that ...
News
Nigeria: MTN’s MoMo PSB seals deal with Thunes to expand cross-border payments for Nigerians
MoMo Payment Service Bank (MoMo PSB), the fintech platform of Nigeria’s largest mobile network operator, MTN, has inked a strategic partnership with Thunes, ...
Africa
Africa Takes Centre Stage in G20 Leaders’ Declaration on AI, Data Governance, and Global Partnerships
For the first time in its history, the G20 Summit—hosted on November 23, 2025—took place on African soil, convening global leaders in Johannesburg ...
Nigeria
Nigeria: CBN Holds Interest Rate Steady at 27% as It Aims to Boost Economic Recovery
The Central Bank of Nigeria (CBN) has decided to keep the interest rate, or the monetary policy rate (MPR), steady at 27%. This ...
Kenya
Kenya: M-KOPA Surpasses $1.6 Billion in Credit as Pay-As-You-Go Financing Accelerates in Kenya
M-KOPA Kenya, the local arm of M-KOPA Holdings, has exceeded $1.6 billion (KES 207 billion) in credit extended to customers, underscoring its growing ...
Nigeria
Nigeria: SEC Urges Market Operators to Deepen Compliance Culture Following Nigeria’s FATF Grey List Exit
The Securities and Exchange Commission (SEC) has called on capital market operators and wider financial sector stakeholders to strengthen a proactive, enduring culture ...
Nigeria
Nigeria: CBN Proposes Five-Year Ban for Serial Dud Cheque Issuers
The Central Bank of Nigeria (CBN) has unveiled a draft policy introducing stricter penalties for individuals who repeatedly issue dud cheques, including a ...
News
Nigeria: NUP Commends PenCom DG Oloworaran as She Marks One Year in Office
The National Union of Pensioners Contributory Pension Scheme Sector (NUPCPS) has applauded the Director-General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran, ...
Nigeria
Nigeria: Leadway Secures Regulatory Approval for Acquisition of PAL Pensions
The National Pension Commission (PenCom) has granted regulatory approval for Leadway Holdings Limited’s acquisition of Pensions Alliance Limited (PAL Pensions), marking the formal ...
Nigeria
Nigeria: SEC to Commence T+2 Settlement Cycle in Capital Market on Friday
The Securities and Exchange Commission (SEC) will, from Friday, November 28, 2025, commence the implementation of a T+2 (trade date plus two days) ...
