Nigeria
Nigeria: National Assembly Endorses Federal Mortgage Bank Recapitalisation to Enhance Affordable Housing
The National Assembly has reaffirmed its commitment to supporting the recapitalisation of the Federal Mortgage Bank of Nigeria (FMBN) to strengthen the institution’s ...
Innovation
Nigeria Targets 75% Digitalization of Government Services by 2027
The National Information Technology Development Agency (NITDA) has reaffirmed its commitment to digitizing 75% of government services by 2027 through the creation of ...
Nigeria
Nigeria: NBS Reports January Inflation Rate at 24.48% Following CPI Rebasing
The National Bureau of Statistics (NBS) has announced a January 2025 inflation rate of 24.48% year-on-year, following the rebasing of the Consumer Price ...
Innovation
Nigeria: FIRS Embraces E-Invoicing to Align with Global Tax Standards
The Federal Inland Revenue Service (FIRS) has reaffirmed its commitment to digitizing Nigeria’s tax processes, emphasizing that its e-invoicing initiative aligns with global ...
Nigeria
Nigeria: CBN Mandates Banks to Disclose Dormant Accounts and Unclaimed Dividends
The Central Bank of Nigeria (CBN) has issued a directive requiring all banks and financial institutions to publicly disclose details of dormant accounts, ...
Nigeria
Nigeria: Economic Diversification Key to Nigeria’s Sustainable Growth – Edun
According to Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, Nigeria must diversify its economy beyond oil dependence to ...
Intelligence
Nigeria Faces Escalating Cybersecurity Threats in 2025: CSEAN Warns of Crypto Scams, AI-Driven Attacks
Nigeria’s cybersecurity landscape is bracing for intensified threats in 2025, with cryptocurrency scams and AI-powered cyberattacks emerging as primary risks, according to the ...
Nigeria
Nigeria: Personal Loans Surge by 37.76% in November Amid Inflation Pressures – CBN
Nigeria’s personal loan portfolio surged by 37.76% to N3.32 trillion in November 2024, reflecting the growing financial strain on households due to inflation ...
Nigeria
Nigeria: CBN to Offer N700bn Treasury Bills Amid Liquidity Management Efforts
As part of its ongoing liquidity management strategy, the Central Bank of Nigeria (CBN) is set to auction N700 billion worth of ...
Nigeria
MTN Nigeria Records Gains as Investors Anticipate Earnings Upsurge
MTN Nigeria Plc continues to gain traction in the equities market as investors anticipate an earnings rebound in the fourth quarter of its ...
