Nigeria
Nigeria: Banks’ Recapitalization: Surge in Foreign Investment, Says Cardoso
Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), announced significant foreign investment flowing into Nigerian banks as part of the ...
Nigeria
Nigeria Proposes New Bill to Drive Digital Transformation in Public Sector
Nigeria is set to enforce a digital transformation across its public sector with the introduction of the National Digital Economy and E-Governance Bill. ...
Nigeria
Nigeria: FRC Urges Financial Institutions to Embrace Sustainability Reporting
Dr. Rabiu Olowo, Executive Secretary/Chief Executive Officer of the Financial Reporting Council of Nigeria (FRC), has called on financial institutions to incorporate sustainability ...
News
Nigeria: Galaxy Backbone Launches 1Government Cloud Solution to Enhance Digitalization in Nigerian Government
Galaxy Backbone (GBB) is advancing Nigeria’s digital transformation with its new 1Government Cloud solution, a unified Infrastructure and Software as a Service (IaaS ...
Nigeria
Nigeria: Lagos State Government to Implement Tax on Remote Workers and Digital Influencers
In a bid to boost revenue in the digital economy, the Lagos State government is set to launch the Resident Global Digital Citizen ...
Nigeria
Nigeria: CBN Introduces Policy to Manage Dormant Account Balances: What You Need to Know
Last week, the Central Bank of Nigeria (CBN) unveiled a significant policy initiative known as the “Unclaimed Balances Trust Fund (UBTF) Pool Account,” ...
Nigeria
Nigeria: NCC Orders Immediate Restoration of Blocked SIMs Amid Subscriber Protests
The Nigerian Communications Commission (NCC) has directed telecommunication companies to promptly restore all telephone lines blocked due to the non-linkage of National Identification ...
Nigeria
Nigeria: EFCC Enhances Strategy to Combat Financial Corruption and Illicit Dollar Flow – Olukoyede
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has announced that the Commission is “re-strategizing” to tackle financial ...
Nigeria
Nigeria: SEC Approves Extension of Fidelity Bank’s Public Offer
The Securities and Exchange Commission (SEC) has approved a 14-day extension for Fidelity Bank’s Public Offer and Rights Issue. Originally set to close ...
Nigeria
Nigeria: FintechNGR Reaffirms Partnership with SEC to Enhance Fintech Regulations in Nigeria
FintechNGR, under the leadership of President Ade Bajomo, has renewed its partnership with the Securities and Exchange Commission (SEC) to strengthen regulations and ...