News
Nigeria: CBN Appoints New Board for Keystone Bank, Ada Chukwudozie as Chairman to Lead Growth and Stability
The Central Bank of Nigeria (CBN) has appointed a new board for Keystone Bank Limited, aimed at bolstering the bank’s operations and driving ...
Nigeria
Nigeria: CBN Introduces 0.005% Cybercrime Levy in New Guidelines for 2024-2025
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to enforcing the cybercrime levy on all electronic transactions, setting the charge at ...
Nigeria
Nigeria: States Remit ₦237bn Pension Contributions Over Four Years — PenCom
The National Pension Commission (PenCom) has revealed that states have remitted a total of ₦236.7 billion in pension contributions to Pension Fund Custodians ...
Nigeria
Nigerian Startup Regfyl Secures $1.1 Million to Simplify Business Compliance
Regfyl, a Nigerian startup that specializes in streamlining compliance processes for businesses, has raised $1.1 million in pre-seed funding. The funding round was ...
News
Nigeria: Mobile and POS Fraud Dominate Q2 Financial Crimes – Report
Fraud involving mobile, computer, and point-of-sale (POS) systems accounted for the bulk of fraudulent activities in Nigeria during the second quarter of 2024. ...
Nigeria
Nigeria: Insecurity, High Interest Rates, and Multiple Taxes Hamper Business Growth – CBN Survey
The Central Bank of Nigeria (CBN) has identified insecurity, high interest rates, and multiple taxation as the main challenges faced by businesses in ...
News
Nigeria: CBN Appoints Kassim Gidado as Polaris Bank Board Chair
The Central Bank of Nigeria (CBN) has announced the appointment of a new board of directors for Polaris Bank, with Kassim Gidado appointed ...
News
Nigeria: PalmPay Expands Financial Access with Launch of USSD Code for Offline Transactions
PalmPay, a leading fintech company in Nigeria, has announced the launch of a new USSD code, aimed at expanding access to financial services ...
Nigeria
Nigeria: Polaris Bank Accelerates Growth with New Board of Directors
The Central Bank of Nigeria (CBN) has appointed a new full board of directors for Polaris Bank, marking a significant transition in the ...
News
Nigeria: Naira Shows Mixed Performance as CBN Boosts FX Liquidity and Clears Forward Contracts
In a significant turn of events, the Nigerian naira displayed a mixed performance against the US dollar in the foreign exchange (FX) market. ...
