Nigeria
Nigeria: NAICOM Recapitalisation Drive Reshapes Nigeria’s Insurance Landscape
Nigeria’s insurance sector is undergoing a significant transformation as the National Insurance Commission (NAICOM) enforces a 31 July 2026 recapitalisation deadline. More than ...
Nigeria
Nigeria: CBN Strengthens Regulatory Oversight as Digital Finance Ecosystem Expands
The Central Bank of Nigeria (CBN) is intensifying its supervisory approach to Nigeria’s fast-growing digital finance ecosystem, introducing new measures aimed at reinforcing ...
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Nigeria: MoMo PSB Deepens Financial Inclusion with Y’ello Box Digital Hub and Community Training
Residents of Iraboko community have taken a major step toward financial empowerment following a financial literacy initiative led by MoMo Payment Service Bank ...
Nigeria
Nigeria: SEC Mandates Immediate Asset Freeze on 13 Terror-Linked Entities in Capital Market Crackdown
Nigeria’s Securities and Exchange Commission (SEC) has issued a sweeping directive ordering the immediate freezing of assets linked to 13 entities recently flagged ...
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Nigeria: AfDB Backs Nigeria’s Digital Infrastructure Drive with $200m Fibre and Skills Investment
The African Development Bank Group (AfDB) has approved a $200 million loan to support Nigeria’s nationwide fibre-optic expansion and digital skills development initiative, ...
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Nigeria: DataPro Trains Journalists on AI-Driven Financial Reporting and Analytics
As part of ongoing efforts to strengthen the quality and integrity of financial journalism, DataPro, a Nigeria-based technology-driven Credit Rating Agency, has trained ...
Nigeria
Nigeria: VASPA Raises Transparency Concerns Over CBN’s VASP Supervisory Pilot
The Virtual Asset Service Providers Association (VASPA) has welcomed the Central Bank of Nigeria’s (CBN) move to strengthen oversight of the country’s virtual ...
Nigeria
Nigeria: Oyedele Flags Errors in New Tax Laws, Announces Plans for Correction
Minister of State for Finance, Taiwo Oyedele, has acknowledged the presence of errors in Nigeria’s newly introduced tax reform laws, confirming that steps ...
Nigeria
Nigeria: LIRS Extends Individual Tax Filing Deadline to April 21
The Lagos State Internal Revenue Service (LIRS) has announced a further extension of the deadline for filing individual annual income tax returns, shifting ...
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Nigeria: Stronger bank–telco collaboration critical to tackling rising fraud risks – PwC
Deeper collaboration between financial institutions and telecommunications operators will be critical to addressing the growing threat of digital fraud, according to a new ...