News
Nigeria: Development Bank of Nigeria Wins CBN Financial Inclusion Leadership Award
The Development Bank of Nigeria Plc (DBN) has been honored with the Financial Inclusion Leadership Award by the Central Bank of Nigeria (CBN). ...
Nigeria
Nigeria: CBN, First Bank Advocate Stronger Collaboration with Chinese Banks
The Central Bank of Nigeria (CBN) and First Bank Nigeria Limited have called for enhanced collaboration between Nigerian and Chinese banks to support ...
News
Nigeria: Digital Space Capital Records 81% Profit Surge to N620 Million
Digital Space Capital (DSC), a leading financial investment firm, reported an 81.7% increase in profit after tax to N620 million for 2023, up ...
Nigeria
Nigeria: House of Representatives to Summon CBN Governor, Bank CEOs Over Unverified POS Operators
The House of Representatives has resolved to summon the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, alongside the Chief Executive ...
News
Nigeria: CBN Intervenes with $48 Million Sale to Defend the Naira
The Central Bank of Nigeria (CBN) has sold $48 million to authorized dealer banks in its ongoing efforts to stabilize the naira and ...
News
Nigeria: SEC Assures Investors of Fund Safety Amid Fintech Growth
The Securities and Exchange Commission (SEC) has reassured investors of the safety of their funds as financial technology (Fintech) reshapes Nigeria’s investment landscape. ...
Nigeria
Nigeria: PenCom Launches E-Pension Clearance Certificate Application Portal for Employers
The National Pension Commission (PenCom) has introduced a fully automated online platform for employers to apply for Pension Clearance Certificates (PCCs), marking a ...
Nigeria
Nigeria: CBN Raises Interest Rate to 27.5% Amid Inflation Concerns
The Central Bank of Nigeria (CBN) has increased its Monetary Policy Rate (MPR) by 25 basis points to 27.5%, up from 27.25%. The ...
Nigeria
Nigeria: CBN Sets $100,000 Minimum Trade Limit on New Electronic FX Platform
The Central Bank of Nigeria (CBN) has announced the introduction of a minimum trade threshold of $100,000 for transactions conducted on its newly ...
Nigeria
Nigeria: Corporate Governance: A Pillar for Telecom Industry Growth – Maida
The Nigerian Communications Commission (NCC) has underscored the pivotal role of corporate governance in driving the success and sustainability of the telecom industry. ...