Nigeria
Nigeria: Proposed Valuation Regulations to Strengthen Nigeria’s Financial Sector – FRC
The Financial Reporting Council of Nigeria (FRC) has unveiled draft valuation regulations aimed at bolstering transparency, accountability, and consistency in financial reporting practices ...
Nigeria
Nigeria: NATCOMS to Petition National Assembly Against 5% Telecom Excise Duty
The National Association of Telecoms Subscribers (NATCOMS) has announced plans to petition the National Assembly, urging lawmakers to halt any legislative approval of ...
Nigeria
Nigeria: SEC Reassures Investors on Fintech Regulation
he Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has reiterated its commitment to safeguarding investors amidst the growing adoption of ...
Nigeria
Nigeria: SEC Introduces New Registration Requirement for Capital Market Operators
The Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has announced a new requirement for capital market operators (CMOs) renewing their ...
News
Nigeria: Naira Set for Rebound as CBN’s FX Matching System Launches
The era of foreign exchange (forex) speculation and market distortions in Nigeria may be nearing its end as the Central Bank of Nigeria ...
Nigeria
Nigeria: CBN’s Interest Rate Hike Dampens Stock Market Performance
The Nigerian Exchange Limited (NGX) experienced a downturn last week as the stock market reacted negatively to the Central Bank of Nigeria’s (CBN) ...
Nigeria
Nigeria: NASD Calls for Adherence to SEC Rules on Trading Unlisted Securities
The NASD OTC Exchange has urged public limited companies to comply with the Securities and Exchange Commission (SEC) regulation mandating that securities of ...
News
Nigeria: CBN Launches Revamped Website to Enhance Transparency and User Experience
The Central Bank of Nigeria (CBN) has officially launched its newly redesigned website, marking a significant milestone in its efforts to improve transparency ...
Nigeria
Nigeria: CBN Extends Bureaux De Change Recapitalisation Deadline by Six Months, Urges Industry Unity
The Central Bank of Nigeria (CBN) has extended the deadline for bureaux de change (BDC) operators to meet new recapitalisation requirements by six ...
Nigeria
Nigeria: CBN Launches Electronic Foreign Exchange System with $100,000 Minimum Trading Limit
The Central Bank of Nigeria (CBN) has introduced the Electronic Foreign Exchange Matching System (EFEMS), a new initiative designed to promote transparency, fairness, ...