Nigeria
Nigeria: High Interest Rates and Multiple Taxes Continue to Constrain Businesses in September – CBN
Businesses and households across Nigeria have identified high interest rates, multiple taxes, and poor infrastructure as the top challenges affecting operations in September ...
News
Nigeria: Rising Interest Rates Push 51% of Informal Businesses Away from Loans — Moniepoint Report
A growing number of informal businesses in Nigeria are turning away from credit as borrowing costs rise and lending conditions tighten, according to ...
Nigeria
Africa: CBN, Bank of Angola sign MoU to boost bilateral technical cooperation
The Central Bank of Nigeria, CBN, and the Bank of Angola, yesterday, signed a Memorandum of Understanding, MoU, aimed at fostering closer bilateral relations ...
Nigeria
Nigeria: CBN Reaffirms Commitment to Open Banking Implementation, Says Rollout “Will Happen Soon”
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to launching the country’s open banking framework, clarifying that the system is not ...
Nigeria
Nigeria: SEC, SMEDAN empower 40 million SMEs
The Securities and Exchange Commission and the Small and Medium Enterprises Development Agency of Nigeria have signed a Memorandum of Understanding aimed at ...
Nigeria
Nigeria: NCC Advocates Full Waiver of Right of Way Charges to Boost Broadband Expansion
The Nigerian Communications Commission (NCC) has renewed its call for a 100% waiver of Right of Way (RoW) charges across all states in ...
News
Nigeria: IMF upgrades Nigeria’s 2025 growth forecast to 3.9% amid stronger fundamentals
The International Monetary Fund (IMF) has raised Nigeria’s economic growth forecast for 2025 to 3.9%, reflecting stronger domestic fundamentals, improved investor sentiment, and ...
Nigeria
Nigeria: FCCPC Commends CBN’s 48-Hour Refund Policy for Failed ATM Transactions
The Federal Competition and Consumer Protection Commission (FCCPC) has applauded the Central Bank of Nigeria (CBN) for introducing a new directive mandating banks ...
Fintech
Nigeria: OPay Dominates 2025 BAFI Awards with Three Major Wins
Nigeria’s leading financial technology company, OPay, has reinforced its position as an industry trailblazer after emerging as the only fintech firm to win ...
Nigeria
Nigeria’s PMI Rises to 54.0 in September, Signaling Stronger Economic Expansion — CBN
Nigeria’s economic momentum strengthened further in September 2025, as the country’s Purchasing Managers’ Index (PMI) climbed to 54.0 points from 51.7 points in ...