News
Nigeria: CBN’s Balance Sheet Expands to N58 Trillion, Amidst Ongoing Investigation
Amidst an ongoing investigation into Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), the latest financial statement of the ...
News
Nigeria: Engineer Bisoye Coker-Odusote Named Acting DG of NIMC by President Tinubu
President Bola Tinubu has designated Engineer Bisoye Coker-Odusote as the Acting Director-General (DG) of the National Identity Management Commission (NIMC). In a statement ...
Nigeria
Nigerian Fintech Moniepoint Receives Approval for Acquisition of Kenyan Fintech Kopo Kopo
Moniepoint, a prominent Nigerian Fintech firm offering a comprehensive payments, banking, and operations platform for businesses, has been granted regulatory approval for the ...
News
Nigeria: ACOFDC’s Sub Saharan Africa MD, Kelvin Jiraji, to Attend Honorable Minister’s Welcome Reception in Nigeria
The Africa Chamber of Digital Commerce (ACOFDC) is excited to announce that Mr. Kelvin Jiraji, Managing Director for Sub Saharan Africa, will represent ...
Nigeria
Nigeria: New Guidelines Issued by Nigeria’s Central Bank for Bureau de Change Operators
The Central Bank of Nigeria has introduced fresh operational guidelines for Bureau de Change (BDC) operators in the nation, establishing their permissible limits ...
News
Nigeria: NESG Engages in Collaborative Discussion with CBN for Economic Stability
The Nigerian Economic Summit Group (NESG) engaged in a productive dialogue with the Central Bank of Nigeria (CBN) on Tuesday (August 22, 2023), ...
News
Nigeria’s Net Foreign Reserves Dipped to $3.7 Billion by the End of 2022 – JP Morgan
According to a report by JP Morgan, a prominent American multinational financial services corporation, Nigeria’s net foreign exchange (FX) reserves saw a decline, ...
News
Nigeria: FGN Bonds Face Selling Pressure, Market Demand Drops by 67%
Nigeria’s Federal Government bonds encountered challenges in the secondary market on Monday, as fixed income investors, including asset/fund managers and some pension fund ...
News
Nigeria: Experts Urge Nigerian Government to Expand Tax Base to Informal Sector
A group of experts has called upon the Nigerian Federal Government to broaden its tax coverage to include the informal sector and unregistered ...
News
Nigeria: Leaked CBN Letter to Bank Reiterates 2015 Circular Prohibiting Naira Overdrafts Secured by Foreign Currency Deposits
A confidential letter from the Central Bank of Nigeria (CBN) to a commercial bank has surfaced, exposing a firm directive from the central ...
