Nigeria
Nigeria: Foreign Investments in Telecoms Sector Plunge by 87% – NBS
Foreign investments in Nigeria’s telecommunications sector dropped sharply to $14.4 million in the third quarter of 2024, marking an 87% decline from the ...
Nigeria
Nigeria: Interbank Rates Ease Amid FAAC and Remita Liquidity Boost
Interbank rates in Nigeria’s money market declined to around 27%, driven by robust liquidity levels supported by inflows from the Federation Account Allocation ...
Nigeria
Nigeria: SEC Urges Banks to Strengthen Corporate Governance Amid Recapitalisation Drive
The Securities and Exchange Commission (SEC) has urged banks to enhance their corporate governance principles and risk management frameworks to bolster investor confidence ...
Nigeria
Nigeria: NESG Endorses Tax Reform Bills, Urges Comprehensive Legislative Review
The Nigeria Economic Summit Group (NESG) has expressed strong support for the tax reform bills currently before the National Assembly, describing them as ...
Nigeria
Nigeria: Investments and Securities Bill Passes Second Reading in Senate
The Investments and Securities Bill (ISB) 2024 has successfully passed its second reading in the Nigerian Senate, marking a significant step toward strengthening ...
Nigeria
Nigeria: CITN Supports Tax Reforms, Urges Federal Government to Rethink Derivation Principle
The Chartered Institute of Taxation of Nigeria (CITN) has expressed strong support for the Federal Government’s proposed tax reform bills, urging policymakers to ...
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Nigeria: Lagos Partners with EU-Africa Chamber to Advance Tech Transfer and Sustainable Development
The Lagos State Government, through the Office of Special Adviser on Climate Change and Circular Economy (OCCE), has signed an Expression of Interest ...
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Nigeria: PPP Assets to Receive Insurance Coverage Starting Next Year
The Infrastructure Concession Regulatory Commission (ICRC), in partnership with the National Insurance Commission (NAICOM), will roll out new guidelines in early 2025 mandating ...
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Nigeria: Mastercard and Alerzo Join Forces to Accelerate Digital Transformation for Nigerian MSMEs
Mastercard has partnered with Alerzo, a leading Nigerian B2B e-commerce platform, and the USAID-funded e-Trade Alliance to accelerate the digital transformation of micro, ...
Nigeria
Nigeria: Senate Suspends Action on Tax Reform Bills Amid Public Concerns
The Nigerian Senate has temporarily halted action on the contentious tax reform bills currently under consideration, directing its Committee on Finance to suspend ...