News
Nigeria: CBN Rejects N1.2 Trillion in OMO, Treasury Bills Bids Amid Rate Cuts
Investor demand for Nigeria’s short-term fixed-income instruments remains strong as the Central Bank of Nigeria (CBN) continues to attract both local and foreign ...
News
Mastercard Study: 83% of Nigerian Women Embrace Entrepreneurship, Outpacing Regional Trends
A new Mastercard study, Empowerment for All, has revealed that Nigerian women are embracing entrepreneurship at an exceptional rate, with 83% identifying as ...
Nigeria
Nigeria: AfDB Approves $230M Trade Finance Facility for Access Bank to Ease FX Liquidity for Nigerian SMEs
The African Development Bank (AfDB) has announced a $230 million trade finance facility for Access Bank Plc to strengthen trade finance activities and ...
Fintech
Brass Gears Up for Q1 2025 Relaunch Following Paystack-Led Acquisition
Nigerian fintech startup Brass is preparing for a public relaunch in early 2025 after undergoing significant restructuring following its acquisition. Brass, which provides ...
Fintech
Nigeria to Roll Out Treasury Management & Revenue Assurance System (TMRAS) for Enhanced Revenue Collection
The Federal Government of Nigeria (FGN) is set to launch the Treasury Management & Revenue Assurance System (TMRAS), a new digital platform aimed ...
Fintech
Nigeria: Moniepoint Partners with Afrigopay to Expand Contactless Payments and Distribute 5 Million AfriGO Cards
Moniepoint Inc., a leading Nigerian fintech company, has partnered with Afrigopay Financial Services Limited (AFSL) to introduce tap-to-pay solutions and distribute 5 million ...
Nigeria
Nigeria: CBN Calls for Enhanced Compliance Frameworks to Combat Illicit Financial Flows
The Central Bank of Nigeria (CBN) has emphasized the urgent need for financial institutions to strengthen their compliance frameworks and align with global ...
Global
US Tax Reforms Could Reduce FDI in Nigeria – NESG
The Nigerian Economic Summit Group (NESG) has raised concerns that recent tax reforms introduced by the United States could negatively impact foreign direct ...
Nigeria
Nigeria: CBN Strengthens Regulatory Oversight to Enhance Financial Stability
The Central Bank of Nigeria (CBN) has reinforced its regulatory and compliance framework to bolster the resilience, transparency, and stability of the nation’s ...
Nigeria
Nigeria: CBN Set to Offer N650bn Nigerian Treasury Bills for Subscription
The Central Bank of Nigeria (CBN) is set to conduct a primary market auction (PMA), offering N650 billion worth of Nigerian Treasury Bills ...