News
Nigeria: Foreign Investors Rally Behind Nigeria Eurobonds Amid Global Rate Cuts
Nigeria’s Eurobonds are witnessing renewed interest from foreign investors as global central banks, particularly in emerging markets, begin to cut interest rates. With ...
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Nigeria: CBN Ready to Deploy All Tools to Tackle Inflation — Cardoso
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, stated that the bank is prepared to use “all tools at our disposal” to ...
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Nigerian Banks Hold Unknown Legacy Exposure Levels – Moody’s
According to Moody’s Ratings, Nigerian deposit money banks are holding undisclosed levels of legacy exposures following regulatory forbearance provided by the Central Bank ...
Nigeria
Nigeria: CBN to Begin Regular Data Sharing on Net External Reserves from 2025 — Cardoso
The Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, announced that starting in 2025, the CBN will regularly disclose information on the ...
Nigeria
Nigeria: FCCPC Investigates Banks for Violations of Customers’ Rights Amid Service Disruptions
The Federal Competition and Consumer Protection Commission (FCCPC) has raised concerns over recent disruptions in banking services that have left customers unable to ...
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Nigeria: PalmPay Urges Fintech Founders to Strengthen FDI for Africa’s Growth
PalmPay, an Africa-focused fintech firm, is calling on fintech founders across the continent to strengthen investor confidence to attract increased foreign direct investment ...
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Nigeria: CBN and IFC Collaborate to Boost $1 Billion Funding for Nigerian Businesses
The Central Bank of Nigeria (CBN) and the International Finance Corporation (IFC), the World Bank’s private sector arm, have entered into a partnership ...
Nigeria
Nigeria: CBN Confident of Nigeria’s Removal from FATF Grey List by May 2025
The Central Bank of Nigeria (CBN) has expressed optimism that Nigeria will be removed from the Financial Action Task Force (FATF) grey list ...
Nigeria
Nigeria’s Central Bank Enhances Diaspora Engagement to Boost Remittance Inflows
The Central Bank of Nigeria (CBN) has initiated a strategic campaign to strengthen ties with the Nigerian diaspora, aiming to amplify remittance inflows ...
News
Nigeria: Telecom Tariff Hike Proposal Sparks Division Among Subscriber Bodies
Two major subscriber groups in Nigeria—the National Association of Telecommunications Subscribers (NATCOMS) and the Association of Telephone, Cable TV, and Internet Subscribers of ...