News
Nigeria: Citibank Nigeria Appoints Nneka Enwereji as New CEO
Citibank Nigeria Limited has announced the appointment of Nneka Enwereji as its new Managing Director and Chief Executive Officer, effective August 19, 2024, ...
News
Nigeria: Union Bank of Nigeria’s Ratings Downgraded by GCR Due to Weakened Capital Base
GCR Ratings has downgraded Union Bank of Nigeria (UBN) Plc.’s national scale long-term and short-term issuer ratings, lowering them from BBB+(NG) and A2(NG) ...
Nigeria
Nigeria: Over 30 Million Nigerians Now Have Credit Scores, Says CRC Credit Bureau
CRC Credit Bureau has announced a significant milestone: more than 30 million Nigerians now have credit scores in its database. This achievement underscores ...
Nigeria
Nigerian Government to Enhance Global Market Access for MSMEs
The Federal Government of Nigeria is taking significant steps to broaden global market access for the country’s micro, small, and medium enterprises (MSMEs) ...
News
Nigeria: AMCON to Engage International Asset Tracers in Aggressive Debt Recovery Effort
The Asset Management Corporation of Nigeria (AMCON) has announced plans to collaborate with international asset tracers to identify and recover assets linked to ...
News
Nigeria: Naira Depreciates as Official and Parallel Market FX Rates Converge
The Nigerian naira experienced a depreciation of 0.77% against the US dollar, closing at N1,606.56 in the official market on Wednesday. This decline ...
News
Nigeria: OPay Launches ‘Nightguard’ to Enhance Customer Fund Security
OPay, a leading financial technology firm, has unveiled a new feature called Nightguard, designed to provide an additional layer of security for customer ...
News
Nigeria: Contributory Pension Scheme (CPS): A Pathway to Enhanced Retirement Pensions
The Contributory Pension Scheme (CPS), introduced in 2004, was a strategic response to the inefficiencies and unsustainability of the old Defined Benefit Scheme ...
Nigeria
Nigeria: ‘Crypto Tax Reforms to Transform Nigeria’s Economy’
The Nigeria Professionals in Diaspora group has hailed the crypto tax reforms introduced by the Federal Inland Revenue Service (FIRS), asserting that these ...
Nigeria
Nigeria: AMCON Engages International Asset Tracers to Recover N5 Trillion from Debtors
The Asset Management Corporation of Nigeria (AMCON) has launched an aggressive campaign to recover nearly N5 trillion in outstanding debts by enlisting the ...