Nigeria
Nigeria: NDIC Insures Depositors’ Funds Up to N5 Million, OPay Reassures Customers
OPay, one of Nigeria’s leading financial technology companies, has reassured its customers that their deposits are now insured up to N5 million, aligning ...
Nigeria
Nigeria: SEC Approves N351 Billion Rights Issue for Access Holdings
The Securities and Exchange Commission (SEC) has given the green light for Access Holdings Plc to commence its N351 billion rights issue capital ...
Africa
ECOWAS to Launch Single Currency ‘ECO’
Finance Ministers and Central Bank Governors from the 15-member Economic Community of West African States (ECOWAS) are advancing plans to launch a single ...
News
Nigeria: NIGCOMSAT and Momas Partner to Enhance Communication Infrastructure
To bolster communication infrastructure within Nigeria’s defense sector, Nigerian Communications Satellite Limited (NIGCOMSAT) and Momas Equipment and Protective Applications International Limited (Momas-EPAIL) have ...
Nigeria
Nigeria: CAC Extends PoS Operators’ Registration Deadline to September 5, 2024
The Corporate Affairs Commission (CAC) has extended the deadline for Point of Sales (PoS) operators in Nigeria to register their businesses by 60 ...
News
Nigeria: FX Reserves Increase by $110 Million in 24 Hours, Reach $34.7 Billion
Nigeria’s foreign exchange reserves have surged to a new high of $34.7 billion, according to data released by the Central Bank of Nigeria ...
Regulatory
South African Regulator Defends Spectrum Approval Amid Vodacom’s Legal Suit
The spectrum in question involves the 900MHz, 1,800MHz, and 2,100MHz bands. Spectrum pooling allows multiple radio spectrum users to coexist within a single ...
Nigeria
Nigeria: CBN Issues Stern Warning to Banks Over Staff Malpractices Hindering Cash Circulation
The Central Bank of Nigeria (CBN) issued a stern warning to banks on Friday regarding the activities of their staff, which are allegedly ...
News
Nigeria: CBN’s Recapitalisation Programme Will Strengthen Banking Industry – Wema CEO, Oseni
The Managing Director/Chief Executive Officer of Wema Bank Plc, Moruf Oseni, recently discussed the bank’s journey and growth as it celebrated its 79th ...
News
Nigeria: NGX Group Names Jude Chiemeka as CEO of Nigerian Exchange
The Nigerian Exchange Group Plc has appointed Mr. Jude Chiemeka as the Chief Executive Officer of Nigerian Exchange Limited, its operating exchange subsidiary, ...