News
Nigeria: Parthian Pensions Targets Informal Sector to Deepen Retirement Savings Coverage
Parthian Pensions Limited has unveiled plans to expand pension coverage across Nigeria’s informal sector through its rebranded Personal Pension Plan (PPP), aiming to ...
Nigeria
Nigeria: NAICOM Justifies Capital Requirements for Insurtechs, Says Rules Safeguard Innovation and Stability
The National Insurance Commission (NAICOM) has defended its recently introduced minimum capital requirements for insurtech firms, describing the policy as a necessary measure ...
Nigeria
Nigeria: CBN Reaffirms Strength and Resilience of Nigeria’s Banking System
The Central Bank of Nigeria (CBN) has reaffirmed the resilience and stability of the nation’s banking system despite prevailing economic challenges, underscoring that ...
Nigeria
Nigeria: FX Backlog Clearance and Transparency Drive Rise in External Reserves — CBN Governor
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has credited the recent growth in Nigeria’s external reserves to the clearance ...
Nigeria
Nigeria: Meta, NDPC Move to Settle $32.8 Million Data Privacy Dispute Out of Court
Global tech giant Meta and the Nigeria Data Protection Commission (NDPC) have agreed to resolve their $32.8 million data privacy dispute through an ...
Nigeria
Nigeria: CBN Reaffirms Commitment to Clean Naira Notes, Highlights Currency and Economic Stability Efforts
The Central Bank of Nigeria (CBN) has reiterated its commitment to ensuring the circulation of clean Naira notes while urging Nigerians to treat ...
Nigeria
Nigeria: NDIC Warns Nigerians Against Rising Ponzi Schemes, Reaffirms Deposit Insurance Protection
The Nigeria Deposit Insurance Corporation (NDIC) has cautioned Nigerians to remain vigilant against fraudulent investment platforms, including Ponzi schemes, stressing that only funds ...
Nigeria
Nigeria: CBN announces phased restructuring of fixed income market to enhance transparency and oversight
The Central Bank of Nigeria (CBN) has unveiled plans for a phased restructuring of the Nigerian Fixed Income Market, in a move aimed ...
News
Nigeria Spends $2.86bn on Debt Servicing in Eight Months – CBN
Nigeria expended $2.86 billion on external debt servicing between January and August 2025, representing 69.1% of total foreign payments of $4.14 billion, according ...
News
Nigerian Banks Deepen Digital Push with N126.8bn IT Investment in H1 2025
Nigeria’s top lenders have stepped up their digital transformation drive, channeling a combined N126.8 billion into information technology (IT) in the first half ...