Nigeria
Nigeria: GTCO secures CBN, SEC approval to raise N10bn via private placement
Guaranty Trust Holding Company Plc (GTCO) has received regulatory approval from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission ...
News
Nigeria: FIRS accredits PwC as system integrator for mandatory e-invoicing
The Federal Inland Revenue Service (FIRS) has accredited PwC Nigeria as a system integrator for the country’s mandatory e-invoicing regime under the Monitoring, ...
Nigeria
Nigeria: FG cost-to-income policy eroding depositor protection buffer — NDIC
The Nigeria Deposit Insurance Corporation (NDIC) has raised concerns that the Federal Government’s 50 per cent cost-to-income ratio policy is constraining its capacity ...
Nigeria
Nigeria: NAICOM insists insurance recapitalisation deadline remains unchanged
The National Insurance Commission (NAICOM) has ruled out any extension of the ongoing insurance industry recapitalisation deadline, stressing that the timeline is clearly ...
News
Nigeria: CBN projects FX reserves to rise to $51bn by 2026
The Central Bank of Nigeria (CBN) has projected that the country’s external reserves will rise to $51.04bn in 2026, up from an estimated ...
Nigeria
Nigeria: CBN FX reforms fuel return of foreign card usage
Foreign card usage is gradually returning to Nigeria after years of restrictions, signalling improved foreign exchange liquidity and renewed confidence in the country’s ...
Nigeria
Nigeria: CBN strengthens banking sector resilience as recapitalisation gathers pace
Nigeria’s banking system remains fundamentally stable, sound and resilient, serving as a critical pillar of financial stability, according to the Central Bank of ...
Nigeria
Nigeria: Oyedele Spells Out Tax ID Requirements for Bank Accounts
Taiwo Oyedele, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has stepped in to clear up the confusion around Tax ...
Nigeria
Nigeria: Oyedele highlights sub-national tax reform as key to economic sustainability
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has underscored the importance of transforming tax administration at the ...
Nigeria
African countries study Nigeria’s data protection ecosystem
At least eight African countries are currently studying Nigeria’s data protection ecosystem as they seek to strengthen their own regulatory frameworks and institutional ...