Nigeria
Nigeria’s Broadcasting Code to be Reviewed, Licence Fee Increase Considered
The National Broadcasting Commission (NBC) has announced its plans to hold discussions with stakeholders in the broadcasting industry for a comprehensive review of ...
Nigeria
Nigeria: Experts Welcome New CBN Rules for Banking Sector Growth
Stakeholders in the financial sector have expressed their support for the new corporate governance rules recently issued by the Central Bank of Nigeria ...
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Nigeria: IMF Report- Strong Dollar Strains Economic Output in Emerging Markets, Including Nigeria
The International Monetary Fund (IMF) has released a report stating that a 10 per cent appreciation in the US dollar, driven by global ...
Nigeria
Nigeria: CBN Revokes Licenses of 2,698 BDCs in One Year
The Central Bank of Nigeria (CBN) has published an updated list of approved Bureau de Change (BDC) operators in the country, revealing a ...
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Nigeria: NITDA Plans to Establish Cybersecurity Lab in 2024
The National Information Technology Development Agency (NITDA) has announced its intention to establish a cybersecurity laboratory in Nigeria by 2024, as stated in ...
Nigeria
Nigeria Data Protection Commission Probes Companies for Data Breaches
The Nigeria Data Protection Commission (NDPC) has disclosed that it is currently investigating nine organizations for data breaches. Dr. Vincent Olatunji, the National ...
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Nigeria: PoS Operators Express Discontent as New Charges Take Effect
A segment of Point of Sale (PoS) operators in Nigeria has voiced their protest against the recently implemented increased service charges in the ...
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Nigeria: Naira Rebounds, External Reserves Slide to $34bn
The Nigerian naira (NGN) appreciated Monday against the dominant trading currency, the United States dollar (USD) to N795.28 at the investors’ and exporters’ ...
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Nigeria: CBN Extends Maximum Tenure for Bank CEOs to 12 Years
The Central Bank of Nigeria (CBN) has announced an extension of the tenure for Managing Directors/Chief Executives (MD/CEOs) of banks to a maximum ...
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Nigeria: CBN Recovers N471.82 Billion in Intervention Loan Repayments in Six Months
The Central Bank of Nigeria (CBN) has announced that it recovered a total of N471.82 billion in repayment from its intervention programs during ...
