Nigeria
Nigeria: FCCPC says joint committee has commenced investigations of money lending fintechs
The Federal Competition and Consumer Protection Commission (FCCPC) says the joint regulatory and enforcement committee to probe rights violation and unfair practices in ...
News
Nigeria: Fidelity Bank appoints new Independent Non-Executive Director
Fidelity Bank Plc has announced the appointment of Mrs. Morohunke Adenike Bammeke, as an Independent Non-executive Director of the bank, with effect from ...
Innovation
Nigeria: CBN deploys Electronic Non-Commercial Export forms for exports
The Central Bank of Nigeria, CBN, said it has deployed electronic Non-Commercial Exports, NCX, forms to replace hardcopy NCX. The apex bank also said ...
News
Nigeria: Telcos Seek Regulator’s Intervention to Address Industry Issues
Telecommunications operators (Telcos), which include Value Added Service (VAS) providers, have stressed the need for the Nigerian Communications Commission (NCC), the telecoms industry ...
News
Nigeria: NAICOM set to implement IFRS17 From Jan 2023
The National Insurance Commission (NAICOM) has said that it would not go back on the proposed implementation of International Financial Reporting Standard (IFRS17) ...
Innovation
Nigeria: NDIC to Adopt Risk-based Approach in Determining Banks’ Premium
The Nigeria Deposit Insurance Corporation (NDIC) said it was reviewing its approach for determining the premium by banks to its Deposit Insurance Fund ...
News
Nigeria: World Bank says CBN FX policies discourage foreign investment and fuel inflation
The World Bank has stated that the Central Bank of Nigeria’s exchange rate management policies continue to discourage investment and fuel inflation. This was disclosed ...
Nigeria
Nigeria: SEC Warns Companies, Registrars to Stop Selective Dividend Payments
The Securities and Exchange Commission (SEC) has warned quoted companies and capital market registrars against the practice of making selective payments and distribution ...
Nigeria
GreenTec Capital invests undisclosed amount in Nigeria logitech ShapShap
ShapShap, a Nigeria logitech startup is focused on delivering Africa’s fragmented logistics market. This logitech is focused on delivering Africa’s fragmented logistics market. ...
Innovation
Nigeria: Access Bank, SME.NG, others partner to roll out female entrepreneurs product
Access Bank Plc, in partnership with SME.NG and other leading institutions, including the Bank of Industry (BOI), LAPO Microfinance Bank, Chapel Hill Denham, and ...
