Nigeria
Nigeria: CBN Calls for Enhanced Compliance Frameworks to Combat Illicit Financial Flows
The Central Bank of Nigeria (CBN) has emphasized the urgent need for financial institutions to strengthen their compliance frameworks and align with global ...
Global
US Tax Reforms Could Reduce FDI in Nigeria – NESG
The Nigerian Economic Summit Group (NESG) has raised concerns that recent tax reforms introduced by the United States could negatively impact foreign direct ...
Nigeria
Nigeria: CBN Strengthens Regulatory Oversight to Enhance Financial Stability
The Central Bank of Nigeria (CBN) has reinforced its regulatory and compliance framework to bolster the resilience, transparency, and stability of the nation’s ...
Nigeria
Nigeria: CBN Set to Offer N650bn Nigerian Treasury Bills for Subscription
The Central Bank of Nigeria (CBN) is set to conduct a primary market auction (PMA), offering N650 billion worth of Nigerian Treasury Bills ...
Nigeria
Nigeria: Naira Strengthens Slightly as CBN Pauses FX Interventions
The Nigerian naira recorded a modest gain against the US dollar in local currency markets, following a temporary halt in foreign exchange (FX) ...
Nigeria
Nigerian Diaspora Remittances Exceed $90 Billion in Five Years, Driving Economic Growth
Over the past five years, Nigerians in the diaspora have remitted more than $90 billion, playing a vital role in economic development and ...
Africa
Nigeria: Interswitch Leads AI Adoption to Drive Workforce Evolution and Economic Growth
Interswitch Group, a leading player in Africa’s payments and digital commerce sector, is reinforcing the transformative role of Artificial Intelligence (AI) in shaping ...
Nigeria
Nigeria: Naira Strengthens as CBN Maintains FX Liquidity for Banks and BDCs
The Nigerian naira continues to hold firm against the US dollar, buoyed by the Central Bank of Nigeria’s (CBN) sustained foreign exchange (FX) ...
Nigeria
Nigeria: SEC Cuts Approval Time to 14 Days, Enhancing Capital Market Efficiency
The Securities and Exchange Commission (SEC) has significantly streamlined its capital market approval process, reducing the timeline for companies raising capital from over ...
Nigeria
Nigeria’s Banking Fraud Surges to N52bn Over Four Years – NIBSS
The scale of fraudulent transactions within Nigeria’s banking sector has escalated dramatically, surging from N11 billion in 2020 to N52 billion in 2024, ...
