Nigeria
Nigeria: United Capital Leads as Top Gainer on NGX for the Week
United Capital Plc emerged as the top gainer on the Nigerian Exchange (NGX) for the week ending July 19, 2024, with its share ...
Nigeria
Nigeria: MPC Faces Costly Policy Trade-offs Amid FX Crisis and Minimum Wage Implementation
As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) convenes today for a two-day policy decision meeting, it faces ...
Regulatory
South African Banks Reduce ATMs Amid Digital Banking Surge
South African banks are shutting down ATMs as the adoption of digital banking continues to rise, with more customers transitioning to online and ...
News
Nigeria Invites Youth to Participate in ECOWAS Cybersecurity Hackathon
The Federal Government of Nigeria is calling on all Nigerian youths and IT enthusiasts to register for the upcoming ECOWAS Cybersecurity Hackathon. This ...
News
Nigeria: Airlines Cite Forex Volatility and Inflation as Causes of Rising Airfares
Local airlines have attributed the surging airfares in Nigeria to the volatility of foreign exchange rates and the country’s soaring inflation. Osita Okonkwo, ...
Nigeria
Nigeria: Bank Stocks Fall on NGX Following Senate’s Move to Amend Finance Act 2023 Retroactively
Banking stocks on the Nigerian Exchange Limited (NGX) experienced declines on Friday following the Senate’s decision to retroactively amend the Finance Act 2023, ...
Nigeria
Nigeria: CBN Directs Banks to Transfer Dormant Accounts and Unclaimed Balances to Its Custody
The Central Bank of Nigeria (CBN) unveiled revised guidelines on Friday for managing dormant accounts, unclaimed balances, and other financial assets within banks ...
Nigeria
Nigerian Regulator Fines Meta $220 Million for Privacy Law Violations
The Federal Competition and Consumer Protection Commission (FCCPC) of Nigeria has levied a $220 million fine against Meta, alleging that the privacy policy ...
Nigeria
Nigeria: FG Unveils Blueprint for Africa’s Digital Trade Transformation
On Friday, the Federal Government of Nigeria unveiled a comprehensive strategy to lead Africa’s digital trade transformation, aligning with the framework of the ...
Nigeria
Nigeria: FG Plans to Regulate eCommerce Platforms in Nigeria to Enhance Security
The Federal Government of Nigeria is set to implement new regulations to enhance security across eCommerce platforms. According to the proposed bill, individuals ...