News
Nigeria: NAICOM & FintechNGR Inaugurates Insurance Policy Project as FintechNGR & Galaxy Backbone Set up Nigerian Domestic Cloud Initiatives
In a bid to deepen its impacts on the policy landscape and make innovation more entrenched in Nigeria, FintechNGR has partnered with the ...
Nigeria
Nigeria: NGX Group commences strategic investment in Ethiopian Securities Exchange
Nigerian Exchange Group, NGX Plc has announced a significant investment in the Ethiopian Securities Exchange (ESX). NGX Group is among the top institutional investors that ...
Nigeria
Nigeria: CBN Issues Warning Against Using Forex as Collateral for Naira Loans
The Central Bank of Nigeria (CBN) has issued a stern warning to bank customers, urging them to refrain from using foreign currency as ...
News
Nigeria: Banking Analysts Predict Potential Surge in Dividend Payouts Amid Recapitalization
As Nigerian banks brace for the task of meeting the Central Bank of Nigeria’s (CBN) new capital requirements, analysts foresee a possible surge ...
News
Nigerian Exchange Group CEO Takes Helm as CSCS Chairman
Mr. Temi Popoola, the Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX), has been elected as the Chairman of Central Securities ...
News
Nigeria: World Bank Forecasts Continued High Inflation for Nigeria in 2024
The World Bank has projected that Nigeria’s inflation rate will remain elevated at 24.8 percent year-on-year in 2024, according to its latest report ...
News
Nigeria: NAICOM Highlights AI’s Potential to Boost Insurance Sector Profitability
Mr. Sunday Thomas, the Commissioner for Insurance/CEO of the National Insurance Commission (NAICOM), emphasized the pivotal role of artificial intelligence (AI) in shaping ...
News
Nigeria: NITDA and GIZ/DTC Collaborate to Advance Digital Literacy, Engage Stakeholders in Lagos
In a concerted effort to bridge the digital divide and equip Nigerians with crucial digital competencies, the National Information Technology Development Agency (NITDA), ...
News
Nigeria: CBN Focuses on Bank Recapitalization for Economic Resilience
Despite facing economic challenges that led Nigeria into recession in 2020 and drove inflation rates up to 31.7% by February this year, Nigerian ...
News
Nigeria: CBN Reports $950 Million Decline in External Reserves Over 17 Days
Nigeria’s foreign exchange reserves have witnessed a substantial decline, dropping by approximately $1.02 billion within a span of 18 days as the Central ...
