News
Nigeria: CBN Spends $543 Million to Stabilize Naira Amid Market Volatility
The Central Bank of Nigeria (CBN) disclosed that it sold $543.5 million to authorized dealer local deposit money banks (DMBs) between September 6 ...
News
Nigeria: Insurance Industry Urged to Embrace Artificial Intelligence for Enhanced Efficiency
The President of the Chartered Insurance Institute of Nigeria (CIIN), Yetunde Ilori, has called on stakeholders in the insurance sector to adopt artificial ...
Nigeria
Nigeria’s CBN Governor Advocates for Bretton Woods Reform to Address African Economic Needs
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for significant reforms within the World Bank and International Monetary ...
Nigeria
Nigeria: FG to Launch 18-Month Fundraising for $2bn Nationwide Fibre-Optic Project
The Federal Government has announced that it will embark on an 18-month fundraising campaign to secure $2 billion for a large-scale fibre optic ...
Nigeria
Nigeria: Federal Government Introduces New Tax Regulations to Boost Manufacturing Sector
The Federal Government has rolled out new tax regulations aimed at alleviating the tax burden on Nigeria’s manufacturing sector and small businesses. This ...
News
Nigeria: Recapitalisation Set to Boost Nigeria’s Private Sector Credit Beyond 13% – FCMB MD
Managing Director of First City Monument Bank (FCMB), Yemisi Edun, has highlighted that the ongoing recapitalisation of Nigerian banks is poised to significantly ...
Nigeria
Nigeria: SEC and NGX Group Partner with JSE to Enhance Governance and Market Development
A delegation from the Nigerian Exchange Group Plc (NGX Group), led by Group Chairman, Alhaji (Dr) Umaru Kwairanga, along with top officials from ...
Nigeria
Nigerian Government Publishes New Withholding Tax Regulation
The Nigerian government has officially published the Deduction of Tax at Source (Withholding) Regulations, 2024 in the Federal Republic of Nigeria’s official gazette, ...
News
Nigeria: Polaris Bank Recognized as Nigeria’s Leading Bank in MSME Lending
Polaris Bank, one of Nigeria’s foremost digital retail commercial banks, has been named the top bank in lending to Micro, Small, and Medium ...
Nigeria
Nigeria: PenCom Approves Merger Between Access and ARM Pensions
The National Pension Commission (PenCom) has granted approval for the merger between ARM Pension Managers and Access Pensions Limited, marking a significant development ...