Nigeria
Nigeria: NITDA Launches Digital Competence Framework to Curb Public Sector Brain Drain
In a strategic move to stem the tide of talent migration—popularly known as the ‘Japa syndrome’—the National Information Technology Development Agency (NITDA) has ...
Nigeria
Nigeria: PenCom Strengthens Strategy to Protect N24.11 Trillion Pension Assets Against Inflation and Economic Shocks
Amid heightened economic volatility, rising inflation, and eroding purchasing power of Retirement Savings Account (RSA) holders, the National Pension Commission (PenCom) is moving ...
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Nigeria: ESG Now Core to Economic Growth and National Transformation — FITC CEO
The Managing Director/CEO of the Financial Institutions Training Centre (FITC), Dr. Chizor Malize, has reaffirmed that Environmental, Social and Governance (ESG) principles have ...
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Nigeria’s Instant Payment System Among World’s Most Advanced – CBN
The Central Bank of Nigeria (CBN) has reaffirmed the country’s position as a global leader in instant payments, citing the sophistication of its ...
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Nigeria Embraces Tax Dispute Resolution Framework to Enhance Revenue Mobilisation
The Federal Government of Nigeria has reaffirmed its commitment to building a fair, responsive, and revenue-efficient tax system by deepening the integration of ...
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Nigeria: Analysts Link Inflation Slowdown to Rising FX Inflows, Moderated Money Supply
Nigeria’s recent deceleration in inflation has been attributed to improving macroeconomic fundamentals, enhanced foreign exchange inflows, and tighter monetary and fiscal coordination. Analysts ...
Nigeria
Nigeria: Bridging Financial Inclusion Gaps Could Lift 700,000 Nigerians Out of Poverty – SEC DG
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized that narrowing the financial inclusion gender gap could ...
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Nigeria: Naira Gains Ground Amid CBN Intervention and Renewed Foreign Portfolio Inflows
The Nigerian naira appreciated marginally at the official foreign exchange window last week, trading at ₦1,547/$, up from ₦1,549/$, bolstered by targeted interventions ...
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Nigeria: ATM Usage Declines as POS Transactions Soar to N223 Trillion in 2024
The adoption of Point-of-Sale (POS) platforms for financial transactions surged dramatically in 2024, with the total transaction value hitting N223.27 trillion, according to ...
Nigeria
Nigeria: UBA’s Alawuba Calls for Judicial Reforms to Strengthen Nigeria’s Financial Stability
Oliver Alawuba, Group Managing Director of United Bank for Africa (UBA) Plc and Chairman of the Body of Bank CEOs, has called for ...