Nigeria
Nigeria: NGX RegCo Endorses FRC on New Sustainability Reporting Standards
Olufemi Shobanjo, Chief Executive Officer of NGX Regulation Limited (NGX RegCo), has praised the Financial Reporting Council of Nigeria (FRC) for its leadership ...
News
Nigeria: Anticipated US Rate Cut Sparks Interest in Nigerian Bonds
Analysts have noted that growing anticipation of a potential interest rate cut by the United States Federal Reserve in September is fueling interest ...
News
Nigeria: Naira Declines Amid FX Outflows and Falling External Reserves
The naira experienced a significant depreciation in the foreign exchange (FX) market due to heightened demand for the US dollar to support economic ...
News
Nigeria: Businesses Express Growing Optimism About Nigeria’s Economic Future
The Central Bank of Nigeria (CBN) has reported an increasing wave of optimism among business owners regarding the future of the Nigerian economy. ...
Nigeria
Nigeria: Telcos and Subscribers Applaud Tinubu for Declaring Telecom Infrastructure as Critical National Assets
Mobile Network Operators (MNOs) and telecom subscribers have praised President Bola Tinubu for officially designating telecom infrastructure as critical national assets, a move ...
News
Nigeria: CBN Reports Business Conditions Expected to Improve Soon
Business owners in Nigeria are optimistic about an improvement in business conditions in August 2024 and the following six months, according to the ...
Nigeria
Nigeria: NFIU Leverages AI and Machine Learning to Enhance Intelligence Capabilities
The Nigeria Financial Intelligence Unit (NFIU) has initiated the deployment of Artificial Intelligence (AI) and machine learning tools to bolster its operational capabilities ...
Nigeria
Nigeria: S.Mobile Enhances Digital Service Delivery with New API for MTN Data Bundles
S.Mobile, an innovative tech company based in Enugu, has launched a new application programming interface (API) designed to streamline the distribution of MTN ...
Nigeria
Nigeria Set to Introduce New Cryptocurrency Tax Laws by September 2024
Nigeria is preparing to introduce new tax laws aimed at regulating cryptocurrency transactions by September 2024. This move marks a significant step towards ...
News
Nigeria: UCEE Microfinance Bank Launches Operations, Unveils Mobile App, and Prepares for USSD Expansion
UCEE Microfinance Bank, a subsidiary of United Capital Plc, has officially commenced operations, marking its entry into the Nigerian financial sector. The bank ...