Nigeria
Nigeria: Exclusion of Retained Earnings Poses Challenges for Nigerian Banks’ Recapitalization, Warns Moody’s
Moody’s Rating has cautioned that the exclusion of retained earnings from Nigeria’s deposit money banks’ (DMBs) capital base calculation will complicate recapitalization efforts ...
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Nigeria: NITDA Issues Fraud Alert: QR Codes Exploited by Scammers
he National Information Technology Development Agency (NITDA) has issued a crucial warning to Nigerians concerning the increasing threat posed by scammers utilizing QR ...
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Nigerian Government Forms Technical Committee for iDICE Program Advancement
The Federal Government of Nigeria (FGN) has taken a significant stride by establishing a technical committee dedicated to overseeing the implementation of the ...
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Nigeria: Zenith Bank Secures Nigeria’s Best Bank Award for Fourth Consecutive Year at Global Finance Awards 2024
Zenith Bank Plc, a leading multinational financial service provider in Nigeria, has once again been recognized as the Best Bank in Nigeria at ...
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Nigeria: World Bank Reports Nigeria’s Progress Towards Digital ID Registration Goal
Nigeria is steadily progressing towards its target of providing digital identification to 148 million citizens by June 30 this year, as highlighted in ...
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Nigeria: Aella Evolves into Aella Microfinance Bank, Pledging Enhanced Financial Solutions for Nigerians
Aella, a leading provider of credit and financial services in Nigeria, has announced its transformation into Aella Microfinance Bank, formerly known as Aella ...
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Nigeria: ABCON Applauds CBN for Resuming Dollar Sales to BDCs
The Association of Bureaux de Change Operators of Nigeria (ABCON) has extended its commendation to the Central Bank of Nigeria (CBN) for its ...
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Nigeria: CBN Affirms Merit-Based Selection of Remita for TSA Platform
The Director of Banking Services at the Central Bank of Nigeria (CBN), Hamisu Abdullahi, emphasized the merit-based process behind selecting Remita to provide ...
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Nigeria: CBN Reports Influx of Over $1.5 Billion into Nigerian Economy, Citing Effective Monetary Policies
The Central Bank of Nigeria (CBN) has revealed that the Nigerian economy experienced a substantial inflow of over $1.5 billion in recent days, ...
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Nigeria: Mastercard and Zenith Bank Join Forces to Introduce Innovative Payment Cards, Driving Financial Inclusion in Nigeria
In a strategic collaboration aimed at advancing financial inclusion across Nigeria, global payments leader Mastercard has partnered with multinational Nigerian financial institution Zenith ...
