Nigeria
Nigeria: NCC Mandates Telecom Operators to Notify Consumers of Network Outages and Offer Compensation
The Nigerian Communications Commission (NCC) has issued a new directive requiring all licensed telecommunications operators in the country to publicly notify consumers of ...
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Nigeria: World Bank Flags Nigeria’s FDI Drop Below 1% of GDP as Afreximbank Urges Shift Toward African-Led Investment
Foreign direct investment (FDI) into Nigeria fell to less than one percent of the country’s gross domestic product (GDP) in 2024, according to ...
Nigeria
Nigeria: SEC Reports N1.1 Trillion Dividend Payouts in 2024 as Capital Market Activity Gains Momentum
The Securities and Exchange Commission (SEC) has announced that publicly listed companies in Nigeria declared a combined N1.1 trillion in dividends to shareholders ...
Nigeria
Nigeria: CAC and NIBSS Launch API-Driven Data Access Platform for Private Sector Compliance and Verification
In a significant step toward enhancing regulatory transparency and private sector interoperability, the Corporate Affairs Commission (CAC) has partnered with the Nigeria Inter-Bank ...
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Nigeria: Access Bank and Deloitte Launch SME Business Clinic to Drive Sustainable Growth Across Nigeria
In a landmark initiative to empower Nigeria’s small and medium-sized enterprises (SMEs) for long-term sustainability, Access Bank Plc has partnered with global professional ...
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Nigeria: Naira Holds Steady as FX Reserves Strengthen Amid Diminished Dollar Demand
The Nigerian naira maintained relative stability against the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Monday, with the Central Bank ...
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Nigeria: Capital Market Critical to Realising $1 Trillion Economy Target – Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reiterated the strategic role of Nigeria’s capital market in realising ...
Nigeria
Nigeria: CBN MPC Expected to Hold Interest Rate Steady to Sustain Inflation Moderation
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has commenced its two-day deliberation, with the focus squarely on the direction of ...
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Nigeria: Naira Firms as Corporate Dollar Demand Eases Amid CBN’s Strategic Support
The Nigerian naira posted modest gains last week against the US dollar, buoyed by subdued corporate demand for foreign exchange and signs of ...
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Nigeria: Interbank Rates React as Banks Withdraw N1.4 Trillion from CBN Standing Facility
Short-term benchmark interest rates in Nigeria’s money market edged higher last week amid tightening system liquidity, following a significant withdrawal of funds through ...