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Nigeria: ‘NCC working to ease digital adoption for businesses’
The Nigerian Communications Commission (NCC) is working with various stakeholders, including consumers, to ensure that more businesses embrace digital platforms for delivering their ...
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Nigeria: Naira Trades at N446, Seasonal FX Demand Stokes Pressure
Amidst pressures in the foreign currency market, the Nigerian local currency, the naira, reclaimed value against the United States (US) dollar at Investors’ ...
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Nigeria: CBN Estimates $1bn Exports Proceed for Q4
Amidst scarcity of foreign currency inflows into the Nigerian economy, the Central Bank has estimated that export proceeds repatriation from for rebate will ...
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Nigeria: Active bank accounts in Nigeria is 133.5 million according to NIBSS
The number of active bank accounts in Nigeria increased to 133.5 million in 2021, according to the data released by the Nigeria Inter-Bank ...
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Nigeria: CBN to sustain dollar sales to banks
The Central Bank of Nigeria(CBN) has said it will continue to sell dollars to banks to enable them support non-oil exports. CBN Governor Godwin Emefiele ...
Nigeria
Nigeria: NAICOM issues revised guideline on Bancassurance
The National Insurance Commission (NAICOM) has rolled out revised guidelines on Bancassurance. According to NAN, the Chairman of the media subcommittee of the Insurance Industry ...
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Nigeria: Redesigned Naira now in banks, ready for issuance – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the newly redesigned Naira notes are already in banks and ready ...
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Nigeria: Jaiz Bank Relocates Head Office
A non-interest bank in Nigeria, Jaiz Bank has announced the relocation of its head office to its own building, Jaiz Bank House, Area ...
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Nigeria: E-payment transactions in Nigeria hit N38.9 trillion in November 2022
Data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that transactions worth N38.9 trillion were performed electronically in November through the NIBSS ...
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Nigeria: FSDH Merchant Bank announces $35million facility from IFC to boost growth of businesses in Nigeria
The International Finance Corporation (IFC) has approved a credit facility totaling US$35 million in partnership with FSDH, Nigeria’s foremost Merchant Banking Group, to ...
