Nigeria
Nigeria: Jaiz Bank Meets CBN’s Revised Capital Requirement, Strengthens Leadership in Ethical Banking
Jaiz Bank Plc, Nigeria’s leading non-interest financial institution, has successfully met the new minimum capital requirements set by the Central Bank of Nigeria ...
Nigeria
Nigeria: SEC Enhances Oversight to Safeguard Investors Amid Nigeria’s Fintech Transformation
The Securities and Exchange Commission (SEC) has reaffirmed its commitment to safeguarding investors’ funds as financial technology (fintech) continues to reshape Nigeria’s investment ...
Nigeria
Nigeria: SEC DG Highlights Barriers and Strategies for Capital Market Growth
The Securities and Exchange Commission (SEC) has identified limited investor participation, regulatory challenges, and macroeconomic instability as critical barriers to the capital market’s ...
News
Nigeria: Naira Declines Sharply as CBN Intervenes in FX Market
The Nigerian naira continued its slide against the U.S. dollar last week, despite three separate intervention sales by the Central Bank of Nigeria ...
News
Nigeria: PalmPay and Jumia Forge Strategic Partnership to Boost Digital Payments in Nigeria
PalmPay, a leading Africa-focused fintech platform, has partnered with Jumia, a prominent e-commerce company, to advance Nigeria’s digital payment ecosystem. The collaboration aims ...
Nigeria
Nigeria: Naira Strengthens to N1,540 as CBN Injects $124 Million to Bolster FX Liquidity
The naira closed the week on a stronger footing in Nigeria’s autonomous foreign exchange market, supported by improved liquidity and sustained dollar inflows. ...
News
Africa: Angola’s TelCables to Enhance Digital Connectivity in Nigeria
Rack Centre, the leading Tier III Carrier and cloud-neutral data centre in West Africa, has expanded its interconnection services through a new partnership ...
Nigeria
Nigeria: CBN Denies Authenticity of Circular Authorising FX Sale to BDCs
The Central Bank of Nigeria (CBN) has rejected the authenticity of a circular circulating on social media that claims to authorise the sale ...
Nigeria
Nigeria: NITDA Warns African Financial Sector of Rising Cyber Threats from Grandoreiro Banking Malware
The National Information Technology Development Agency (NITDA) has issued a critical alert concerning Grandoreiro, an advanced banking malware that presents a significant cybersecurity ...
Nigeria
Nigeria: Tax Reforms Bill Fails to Address Nigeria’s Regional Disparities – Report
A recent survey by SBM Intelligence has criticized the federal government’s proposed tax reforms, arguing that they fail to consider the unique socioeconomic ...
