Nigeria
Nigeria: NAICOM Urges Insurance Firm Directors to Uphold Ethical Standards
Directors of insurance firms have been encouraged by the National Insurance Commission (NAICOM) to adhere to ethical standards in their operations. Speaking at ...
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Nigeria: Federal Government Records N1.5 Trillion Fiscal Deficit in Two Months
Recent figures from the Central Bank of Nigeria (CBN) reveal that the Federal Government of Nigeria experienced a fiscal deficit of N1.54 trillion ...
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Nigeria: FIRS and CAC to Enhance Collaboration for Increased Revenue Generation
The Federal Inland Revenue Service (FIRS) and the Corporate Affairs Commission (CAC) have expressed their commitment to fortify their existing collaboration in order ...
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Nigeria: CBN Reports Surge in Forex Inflow, Reaching $11 Billion in Two Months
Nigeria experienced a substantial surge in foreign exchange (forex) inflow, reaching an aggregate of $11.11 billion in the months of July and August, ...
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Nigeria: CBN Alerts Public on Circulation of Counterfeit Notes Amid Lingering Naira Scarcity
The Central Bank of Nigeria (CBN) issued a statement on Friday, drawing attention to the presence of counterfeit banknotes in circulation, particularly in ...
Nigeria
Nigeria: Banks Instructed to Remove Non-Deposit Financial Institutions from Transfer Platforms
Banks have received directives to discontinue the inclusion of Switches, Payment Solution Service Providers (PSSPs), and Super Agents from the Nigeria Inter-Bank Settlement ...
Nigeria
Nigeria: CBN Governor, Olayemi Cardoso, Approves Revised Service Charter for Enhanced Business Facilitation
Mr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has given his approval for the revised Service Charter of the ...
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Nigeria: Bitmama Strengthens Blockchain-Powered Cross-Border Payments with Payday Acquisition
Bitmama Inc., a prominent blockchain payments platform in Nigeria, has made a significant move in the country’s fintech sector by acquiring Payday, a ...
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Nigeria: Former Kaduna State Governor, Nasir El-Rufai, Plans $100 Million Venture Capital Fund Launch
Nasir El-Rufai, the former governor of Kaduna State, is set to initiate a $100 million venture capital fund, marking a significant move to ...
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Nigeria: Banking Halls Overwhelmed as Customers Rush to Link BVN/NIN Amid Cash Shortage
A surge in customer traffic engulfed banking halls on Monday as individuals sought to link their Bank Verification Numbers (BVN) and National Identity ...
