Nigeria
Nigeria: CAC Launches Initiative to Register Two Million Businesses
In a monumental stride towards economic revitalization, the Corporate Affairs Commission (CAC) has joined forces with Monie Point Micro Finance Bank to embark ...
Nigeria
Nigeria: NCC Announces Deactivation of Unlinked SIM Cards by End of February
The Nigerian Communications Commission (NCC) has declared that SIM cards not linked to National Identity Numbers (NIN) will be deactivated by the conclusion ...
Africa
Africa: Nigeria and Togo Integrate Biometric Digital IDs for Loan Programs
Nigeria and Togo, two West African nations, are leveraging their biometric digital ID systems to streamline and enhance government loan programs. In Nigeria, ...
Nigeria
Nigeria: CBN Introduces Revised Consumer Protection Regulations
The Central Bank of Nigeria (CBN) has unveiled an exposure draft on Revised Consumer Protection Regulations, signaling a proactive response to the dynamic ...
Nigeria
Nigeria: CBN’s FX Regulation to Impact Banks’ Profitability in the Short Term says Moody’s
Moody’s Ratings has cautioned that the Central Bank of Nigeria’s (CBN) recent foreign currency regulations are poised to exert pressure on banks’ profitability ...
Ghana
Ghana: Bank of Ghana Unveils Database Portal
The Bank of Ghana (BoG) has introduced the beta version of its database portal, aimed at providing a unified platform for accessing and ...
Ghana
Ghana: Government Halts Implementation of 15% VAT on Electricity
The Ministry of Finance has announced the official suspension of the planned 15 percent Value Added Tax (VAT) on domestic electricity consumption, following ...
Nigeria
Nigeria: House of Representatives to Probe Banks’ Non-Adherence to 24-Hour FX Sell Down Directive
The House of Representatives has announced plans to investigate banks and financial institutions for non-compliance with directives from the Central Bank of Nigeria ...
Nigeria
Nigeria: NIBSS Reports Surge in Cashless Transactions to N611 Trillion
The Nigeria Inter-Bank Settlement System (NIBSS) announced on Wednesday a significant rise in cashless transactions in the country, reaching a total of N611.06 ...
Nigeria
Nigeria: United Capital Endorses CBN’s Collaborative Approach with Stakeholders
United Capital Group, an asset management firm, has voiced its support for the Central Bank of Nigeria’s decision to engage stakeholders in future ...
