Nigeria
Nigeria: CBN, EFInA Advocate Policy Reforms to Close Gender Financial Inclusion Gap
The Central Bank of Nigeria and Enhancing Financial Innovation and Access have called for a strategic overhaul of financial policies and product design ...
News
Nigeria: Stransact, Doftwerks Achieve ISO 27001 Certification for Data Security
Stransact and its technology subsidiary Doftwerks have obtained ISO/IEC 27001:2022 certification, reinforcing their commitment to global standards in information security and data protection. ...
News
Nigeria: Forensic Audit Findings Inform CBN’s Intervention in Union Bank
Fresh insights have emerged linking the intervention of the Central Bank of Nigeria in Union Bank of Nigeria to findings from a forensic ...
Nigeria
Nigeria: NCC Defines Eligibility for Subscriber Compensation Over Network Failures
Nigerian Communications Commission (NCC) has introduced a new compensation framework requiring mobile network operators to provide relief to subscribers affected by persistent poor ...
Nigeria
Nigeria: CBN Tightens BVN Rules to Strengthen Banking Security Framework
The Central Bank of Nigeria (CBN) has unveiled a comprehensive overhaul of the Bank Verification Number (BVN) framework, introducing stricter enrolment criteria and ...
Nigeria
Nigeria: NDPC Reviews Data Protection Compliance Across Ecosystem
Nigeria is strengthening its approach to data protection and cybersecurity, as the Nigeria Data Protection Commission(NDPC) intensifies compliance reviews across the digital ecosystem. ...
Nigeria
Nigeria: NAICOM Raises Minimum Capital for Microinsurance Firms to ₦3bn
The National Insurance Commission (NAICOM) is set to increase the minimum capital requirement for microinsurance operators to ₦3 billion, marking a significant shift ...
Fintech
Nigeria: CBN Grants Flutterwave Banking Licence as Fintech Payments Surpass $40bn
Flutterwave has received regulatory approval from the Central Bank of Nigeria (CBN) to operate banking services, marking a significant step in its evolution ...
News
Nigeria: C2FO, IFC Launch CycleFlow in Nigeria to Tackle $30bn SME Financing Gap
A new working capital platform, CycleFlow, has been launched in Nigeria to address persistent financing challenges faced by small businesses, enabling companies to ...
Nigeria
Nigeria: Naira Settlement Policy Reshapes Nigeria’s Remittance Landscape
A new directive by the Central Bank of Nigeria (CBN) mandating naira-based settlement for diaspora remittances marks a significant shift in Nigeria’s foreign ...
