News
Nigeria: Hafsat Bakari Appointed CEO of Nigerian Financial Intelligence Unit by President Tinubu
President Bola Tinubu has named Hafsat Bakari as the Chief Executive Officer (CEO) of the Nigerian Financial Intelligence Unit (NFIU). Ajuri Ngelale, the ...
Nigeria
Nigeria: Fitch Warns Proposed FX Gateway Bank Could Impact Nigerian Banks’ Liquidity
Fitch Ratings, a prominent credit rating agency, has expressed concern that the proposed foreign currency gateway bank announced by the Central Bank of ...
News
Nigerian Banks Offload $3.3 Billion Amid Central Bank Efforts to Counter Naira Decline
The Nigerian Naira faced a renewed decline in both official and parallel foreign exchange markets on Friday. The national currency depreciated to N1,670/$ ...
Nigeria
Nigeria: CBN Restricts Banks as Naira Slips Amidst Fresh Forex Concerns
he Nigerian financial landscape witnessed a fresh downturn in the value of the naira across both official and parallel foreign exchange markets on ...
Nigeria
Nigerian Fintech Firm PennyTree Secures Crowdfunding License from SEC
PennyTree, a prominent Nigerian financial technology (Fintech) company, has successfully obtained a crowdfunding license from the Securities and Exchange Commission (SEC) of Nigeria, ...
Nigeria
Nigeria: CBN Implements New Policy on Foreign Oil Firms’ FX Repatriation
The Central Bank of Nigeria (CBN) has introduced a new directive restricting international oil companies (IOCs) from repatriating 100% of their foreign exchange ...
Nigeria
Nigeria: NITDA’s Drive Elevating Nigeria’s Sectorial Capacities with AI, by Shuaib Shuaib Agaka
In light of Nigeria’s ongoing technological advancements, the National Information Technology Development Agency (NITDA) emerges as a pivotal force shaping the country’s tech ...
Nigeria
Nigeria: CIBN Urges NDIC to Enhance Bank Monitoring Mechanisms
Ken Opara, the President/Chairman of Council of the Chartered Institute of Bankers of Nigeria (CIBN), has urged the Nigeria Deposit Insurance Corporation (NDIC) ...
Nigeria
Nigeria: FIRS Commits to Business-Friendly Tax Policies
In a recent meeting between the Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, and the management team of ...
News
Nigeria: Moniepoint Collaborates With NDPC to Advocate Responsible Data Use in Nigeria
Nigerian fintech firm Moniepoint has joined forces with the Nigeria Data Protection Commission (NDPC) to promote responsible handling of personal data among young ...

