News
Nigeria: SEC blames forex scarcity for low foreign investments
The Director-General of the Securities and Exchange Commission, Lamido Yuguda, has blamed the dwindling level of Foreign Portfolio Investments in the country on ...
Nigeria
Nigeria: Nigerian crypto payment startup shuts down, offers IP for sale
Nigerian crypto and Web3 company Lazerpay announced on April 13 that it is shutting down its operations. According to a statement released on Twitter by ...
News
Nigeria: CBN to mop up dormant account balances, unclaimed funds
The Central Bank of Nigeria has proposed that banks should transfer funds in accounts that have been dormant for up to 10 years ...
News
Nigeria: CBN Disowns Fake Recruitment Portal
The Central Bank of Nigeria (CBN) has disowned a fake recruitment portal, created in its name and inviting eligible Nigerians to submit job ...
News
Nigeria: SEC Expresses Zero Tolerance to Money Laundering
The Securities and Exchange Commission, (SEC), says it will continue to apply zero tolerance to money laundering, terrorism and proliferation of weapons financing ...
News
Nigeria: FirstBank takes financial literacy to 3,000 students
First Bank of Nigeria Limited promoted financial literacy education among 3,000 students across the country, as it joined the rest of the world ...
News
Nigeria: CBN to Banks, Others – Pay Special Attention to Risks, Comply With Anti-Money Laundering Rules
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions (OFIs) to pay special attention to credit risk, operational risk, ...
News
Nigeria: SEC to focus on revised capital market master plan
The implementation of the revised master plan of the capital market, fintech and commodities trading ecosystem roadmap will dominate the agenda of the ...
News
Nigeria: Naira declined in value by 10.2% in 2022- World Bank
The World Bank in its recent report has said that naira depreciated of 10.2% in 2022. This is according to the report is ...
News
Nigeria: FG bars online banks from accessing customers’ photos, contacts
Loan apps on Play Store will lose their ability to access their users’ contacts or photos from May 31, 2023. This came as ...
