Nigeria
Nigeria: SEC Approves DreamCity Capital’s Digital Real Estate Investment Platform
The Securities and Exchange Commission (SEC) has granted an Approval-in-Principle to DreamCity Capital, a pioneering digital real estate investment platform in Nigeria. This ...
Nigeria
Nigeria: Court Summons CBN Governor, Officials in Binance Money Laundering Case
The Federal High Court in Abuja has issued subpoenas to the Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, and the ...
Nigeria
Nigeria: Stock Market Poised for Recovery After August Losses
In August 2024, investors experienced a loss of N36 billion as the Nigerian stock market endured a bearish phase during the first three ...
Nigeria
Nigeria: Business Leaders Push Back Against FCCPC’s Price Reduction Mandate, Citing Economic Challenges
Entrepreneurs, business owners, and industry stakeholders are raising concerns about the recent directive issued by the Federal Competition and Consumer Protection Commission (FCCPC), ...
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Nigeria: Fidelity Bank Partners with Mastercard to Enhance Cross-Border Payments in Nigeria
Fidelity Bank Plc has teamed up with Mastercard to introduce a new initiative aimed at improving cross-border payments and remittances in Nigeria. In ...
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Nigeria: Grey Collaborates with dLocal to Transform Cross-Border Payments in Emerging Markets
Nigerian fintech company Grey has announced a strategic partnership with dLocal, a leading cross-border payment platform specializing in emerging markets. This collaboration aims ...
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Nigeria: CBN Sells N1.6 Trillion in OMO Bills at 21.8% to Investors
The Central Bank of Nigeria (CBN) successfully sold N1.63 trillion in Open Market Operation (OMO) bills to investors in two auctions conducted this ...
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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, ...
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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 ...
