Nigeria
12 Nigerian Internet Service Providers Fail to Renew Licenses
Twelve Nigerian Internet service providers (ISPs) have failed to renew their licenses, highlighting financial and operational challenges within the sector. Each renewable license ...
Nigeria
Nigeria: Senators Propose Using Gold to Boost Nigeria’s External Reserves
Nigerian lawmakers are advocating for an expansion of the Central Bank of Nigeria’s (CBN) powers to include the use of gold to bolster ...
News
Nigeria Ranks Fourth in Intra-Africa Trade, Following South Africa, Cote d’Ivoire, and Egypt
Nigeria has secured the position of the fourth-largest contributor to intra-Africa trade in 2023, trailing behind South Africa, Cote d’Ivoire, and Egypt, according ...
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Nigeria: UBA’s Group Managing Director Alawuba Appointed Chairman of CIBN Body of Banks CEOs
Oliver Alawuba, the Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA) Plc, has been appointed as the Chairman of the ...
Nigeria
Nigeria: Finance Minister Urges SEC to Address Cryptocurrency Regulation Challenges
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has called on the newly inaugurated board of the Securities and ...
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Nigeria: World Bank Appoints Ndiamé Diop as New Country Director for Nigeria
The World Bank has appointed Dr. Ndiamé Diop as the new Country Director for Nigeria, succeeding Shubham Chaudhuri. Dr. Diop officially assumed the ...
Nigeria
Nigeria: Finance Minister Urges SEC Board to Embrace Innovation in Capital Market Regulation
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has called on the newly inaugurated board of the Securities ...
Nigeria
Nigeria: NGX Suspends Trading of Eight Companies for Financial Reporting Defaults
NGX Regulation, the regulatory arm of the NGX Group, has announced the suspension of trading in the shares of eight companies due to ...
Nigeria
Nigeria: National Digital Economy & e-Governance Bill Advances in Nigerian National Assembly
The National Digital Economy & e-Governance Bill has successfully passed its first reading in the National Assembly, marking a significant milestone in the ...
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Nigeria: Report Reveals Only 11% of Informal Sector Businesses Use Conventional Banks for Savings, 39.5% Use Digital Banks
As the Central Bank of Nigeria (CBN) intensifies its efforts towards financial inclusion, a new report has highlighted that only 11% of businesses ...