Nigeria
Nigeria’s Cryptocurrency P2P Market Projected to Reach $500 Billion Amid Regulatory Pressures
Nigeria’s cryptocurrency peer-to-peer (P2P) market could surge to billions of dollars despite increasing regulatory crackdowns by the government. Ray Youssef, CEO of Nigeria’s ...
News
Nigeria: Fitch Revises Nigeria’s Credit Outlook to Positive Amid Reform Progress
Fitch, a leading global credit ratings agency, has upgraded Nigeria’s long-term credit default rating from stable to positive, citing reforms in various sectors ...
Nigeria
Nigerian Fintech Firms Enforce Stricter Measures on Crypto Transactions Amid CBN Directive
Reports indicate that Nigerian fintech firms have initiated tighter controls on crypto transactions within the country, following a directive issued by the Central ...
Nigeria
Nigeria: SEC Chief to Convene Meeting with Local and International Crypto Exchanges
Dr. Emomotimi Agama, the newly appointed Director General of the Securities and Exchange Commission (SEC), is scheduled to meet with both local and ...
News
Nigeria and India to Establish Local Currency Trade Settlement System
Nigeria and India are on the brink of finalizing a local currency trade settlement system to streamline international trade between the two countries. ...
Nigeria
Nigeria: Central Bank Governor Urges Collaboration to Tackle Inflationary Pressures
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has emphasized the necessity for fiscal authorities to address emerging sources of ...
Nigeria
Nigeria: Court Directs FCT Revenue Agency to Seal Off Non-Compliant Companies
In a recent development, a Magistrate Court situated in Wuse Zone 2, Abuja, has issued an order for the Federal Capital Territory Internal ...
Nigeria
Nigeria: Insurance NGO Urges Urgent Regulatory Reforms from New NAICOM Management
Transparent Protection Ltd/Gte, an insurance Non-Governmental Organisation (NGO), has called on the new management of the National Insurance Commission (NAICOM) to expedite regulatory ...
Nigeria
Nigerian Logistics Startup Renda Raises $1.9 Million in Pre-Seed Funding Round
Renda, a Nigerian logistics startup, has secured $1.9 million in a pre-seed funding round aimed at expanding its end-to-end fulfilment solutions throughout Africa. ...
Nigeria
Nigeria: Active Mobile Subscriptions Decline by 5.4 Million Due to NIN-SIM Linkage
Data from the Nigerian Communications Commission (NCC) has revealed a decrease in total active mobile subscriptions in the country, with a dip of ...
