News
Nigeria: Access Bank Triumphs at the 2024 Digital Jurist Awards
Access Bank PLC has been recognized as the winner of the 2024 Best Digital Award in the Commercial Banks category at the prestigious ...
News
Nigerian Banks’ Robust Profitability Shields Them from Rising Credit Losses – S&P Ratings
According to a recent report from S&P Global Ratings, Nigerian banks are well-positioned to weather rising credit losses and meet higher capital requirements, ...
News
Nigeria: Naira Declines Amid CBN’s Reduced FX Supply Ahead of e-FX Platform Test Launch
The Nigerian naira has continued its downward trend against the US dollar, pressured by high demand and dwindling FX supply in the country’s ...
Nigeria
Nigeria: Amended NDIC and BOFIA Acts Strengthen Financial Sector Stability, Says Senator Abiru
The recent amendments to the Nigerian Deposit Insurance Corporation (NDIC) Act and the Banks and Other Financial Institutions Act (BOFIA) are setting the ...
Nigeria
Nigeria’s Tax Reform Bills and FIRS’s Zacch Adedeji: Unpacking the Controversy
President Bola Tinubu’s recent submission of four tax reform bills to Nigeria’s National Assembly has ignited significant debate. At the center of this ...
News
Nigeria’s CBN Enforces Approval Requirement for Core Banking System Changes to Minimize Service Disruptions
In response to recent customer frustrations over technological disruptions, the Central Bank of Nigeria (CBN) has issued a new directive mandating that commercial ...
Nigeria
Nigeria: Naira Drops ₦67 as Nigeria Launches FX Disclosure Scheme to Stabilize Market
The naira weakened by ₦67 against the US dollar this past week as Nigeria launched a new foreign exchange disclosure scheme aimed at ...
News
Nigeria: MTN Nigeria Expands Data and Fintech Services Despite Currency Losses and Economic Challenges
MTN Nigeria’s Q3 2024 report reveals robust growth in data and fintech services, despite recording a substantial ₦514.9 billion after-tax loss, largely attributed ...
Nigeria
Nigeria: NAICOM Dissolves Board and Management of African Alliance Insurance
The National Insurance Commission (NAICOM) has dissolved the board and management of African Alliance Insurance Plc, a longstanding Nigerian life assurance company, due ...
Nigeria
Nigeria: SEC Updates Capital Market Studies Curriculum for Nigerian Universities
Nigeria’s Securities and Exchange Commission (SEC) has initiated a comprehensive update of the capital market studies curriculum in Nigerian universities, establishing a committee ...
