Nigeria
Nigeria: SEC warns investors about 4 blacklisted Italian e-commerce firms
Nigeria’s Securities and Exchange Commission (SEC) has warned the Nigerian investing public to desist from dealing with four blacklisted Italian e-commerce companies. The ...
Nigeria
Nigeria Exchange Set for Startup Boom As SEC Approves Listing Rules for Tech Board
The Securities and Exchange Commissionhas approved the rules for listing on Nigeria Exchange’s new Technology Board, the NGX announced Monday. The technology board ...
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Nigeria: CBN Amends Cash Withdrawal Policy, Raises Weekly Limits
The Central Bank of Nigeria has reviewed upward the limit on cash withdrawals made by individuals and organisations. Ahead of the distribution of ...
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Nigeria: PenCom, PFAs outline conditions for accessing mortgage funds
The National Pension Commission (PenCom) and Pension Operators Association of Nigeria (PenOp) have specified conditions for accessing equity contributions for the acquisition of ...
Nigeria
Nigeria: CBN may withdraw banks’ forex license over diaspora remittances
The Central Bank of Nigeria, CBN, threatened to withdraw foreign exchange dealership licences of banks that partner with International Money Transfer Operators, IMTOs, ...
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Nigeria: FG to stop cash withdrawals from ALL government accounts, says NFIU
The Nigerian Financial Intelligence Unit(NFIU) says the government is planning to stop cash withdrawals from federal, states and local government accounts. Modibbo Tukur, ...
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Nigeria’s Insurance Sector Expands 9% to N2.3trn – NAICOM
The National Insurance Commission (NAICOM) says the insurance industry has recorded total assets of N2.3 trillion, indicating 9.0 per cent year on year ...
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Nigeria Generates $547m from 5G Auction – Buhari
President Muhammadu Buhari has commended the auctioning of the 5G spectrum, which generated 547 million dollars. The president attributed the feat to the ...
Nigeria
Nigeria to Regulate Cryptocurrency to Flow With Global Economic Innovations
Nigeria plans to regulate cryptocurrency to be up to date with global practices. The African nation once banned the trading of crypto in ...
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Nigeria: FG says Starlink to roll out service in Nigeria before end of 2022
The Federal Government said that Elon Musk’s satellite company, Space X, will be rolling out Starlink Internet Service before the end of 2022. This is even ...
