Nigeria
Nigeria: NESG Supports CBN’s Decision to End Price Verification System for Forex Transactions
The Nigerian Economic Summit Group (NESG) has expressed support for the Central Bank of Nigeria’s (CBN) recent decision to discontinue the Price Verification ...
Nigeria
Nigeria: CBN Introduces New Forex Deposit Rules to Stabilize Exchange Rates
The Central Bank of Nigeria (CBN) announced on Friday new guidelines for Deposit Money Banks (DMBs) to deposit excess foreign currency notes at ...
Nigeria
Nigeria: FCCPC Reaffirms Commitment to Consumer Protection and Market Regulation
The Federal Competition and Consumer Protection Commission (FCCPC) has reiterated its dedication to protecting consumers, promoting fair competition, and ensuring product safety in ...
Nigeria
Nigeria: CBN to Implement More Policies to Tackle Cybersecurity Challenges
The Central Bank of Nigeria (CBN) is set to introduce additional policies aimed at addressing cybersecurity challenges and fostering innovation to ensure the ...
Nigeria
Nigeria’s FX Reserves Reach $34.14bn
Nigeria’s foreign exchange reserves have surged to $34.14 billion, reflecting a 4.06% increase from $32.74 billion on June 3, 2024, according to data ...
Nigeria
Nigeria: Minister Bosun Tijani Assures Investigation into ₦100 Data Breach Allegations
Following recent allegations reported by Techpoint on June 21, 2024, regarding the sale of sensitive personal and financial data of Nigerians for as ...
Nigeria
Nigeria: 150 Banks Show Interest in Consumer Credit Scheme
Approximately 150 banks have expressed interest in joining the lending ecosystem of the newly launched Consumer Credit Scheme, according to Dada Olusegun, the ...
Nigeria
Nigeria: EFCC Chairman Advocates Blockchain and AI for Recovering $88.6 Billion Stolen from Africa
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Olanipekun Olukoyede, has urged the adoption of blockchain technology and artificial ...
Nigeria
Nigerian Banks and Fintech Companies to Freeze PoS Operator Accounts Without CAC Registration by July 7, 2024
Nigerian banks and fintech companies are set to block the accounts of Point of Sale (PoS) operators who fail to register their businesses ...
News
Nigeria: NIGCOMSAT and Hotspot Forge Partnership to Enhance Rural Connectivity in Nigeria
NIGCOMSAT Limited, Nigeria’s premier provider of satellite communication infrastructure, has formed a strategic partnership with Hotspot, a leading technology firm specializing in rural ...
