Nigeria
Nigeria: SMEs’ Corporate Governance Code Will Preserve Small Businesses – FRC
Dr. Rabiu Olowo, Executive Secretary/Chief Executive of the Financial Reporting Council (FRC) of Nigeria, stated that the newly unveiled SMEs Corporate Governance Guidelines ...
Nigeria
Nigeria: CBN to slow down rate hikes soon – Cardoso
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has stated that it will soon be able to slow down increases ...
Nigeria
Nigeria: Pension Funds Surpass N20tn in May – PenCom
The value of pension funds in Nigeria rose by 2.23 percent month-on-month, surpassing the N20tn mark to reach N20.23tn in May 2024, according ...
Nigeria
Nigeria: NDIC Insures Depositors’ Funds Up to N5 Million, OPay Reassures Customers
OPay, one of Nigeria’s leading financial technology companies, has reassured its customers that their deposits are now insured up to N5 million, aligning ...
Nigeria
Nigeria: SEC Approves N351 Billion Rights Issue for Access Holdings
The Securities and Exchange Commission (SEC) has given the green light for Access Holdings Plc to commence its N351 billion rights issue capital ...
News
Nigeria: NIGCOMSAT and Momas Partner to Enhance Communication Infrastructure
To bolster communication infrastructure within Nigeria’s defense sector, Nigerian Communications Satellite Limited (NIGCOMSAT) and Momas Equipment and Protective Applications International Limited (Momas-EPAIL) have ...
Nigeria
Nigeria: CAC Extends PoS Operators’ Registration Deadline to September 5, 2024
The Corporate Affairs Commission (CAC) has extended the deadline for Point of Sales (PoS) operators in Nigeria to register their businesses by 60 ...
News
Nigeria: FX Reserves Increase by $110 Million in 24 Hours, Reach $34.7 Billion
Nigeria’s foreign exchange reserves have surged to a new high of $34.7 billion, according to data released by the Central Bank of Nigeria ...
Nigeria
Nigeria: CBN Issues Stern Warning to Banks Over Staff Malpractices Hindering Cash Circulation
The Central Bank of Nigeria (CBN) issued a stern warning to banks on Friday regarding the activities of their staff, which are allegedly ...
News
Nigeria: CBN’s Recapitalisation Programme Will Strengthen Banking Industry – Wema CEO, Oseni
The Managing Director/Chief Executive Officer of Wema Bank Plc, Moruf Oseni, recently discussed the bank’s journey and growth as it celebrated its 79th ...