Nigeria
Nigeria: British American Tobacco Faces $110 Million Fine in Nigeria for Violations, FCCPC Announces
The Nigerian federal government has disclosed that British American Tobacco (BAT), Nigeria Limited, and its affiliated entities will be fined $110 million over ...
Nigeria
Nigeria: World Federation of Exchanges Advocates Stringent Regulations for Crypto Trading
In its recent report titled ‘Good Markets for Good Outcomes – the Role of Governance in the World’s Exchanges,’ the World Federation of ...
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Nigeria: Advancing Sustainable Business Growth by Embracing Technology in MSME Operations
In a bid to optimize Micro, Small, and Medium Enterprises (MSMEs) for effective service delivery and contribute to Nigeria’s socio-economic growth, key stakeholders ...
Nigeria
Nigeria: Federal Government Plans Enhanced Regulations for O-pay, Moniepoint, and Other Digital Lenders
The Federal Government, through the Federal Competition and Consumer Protection Commission (FCCPC), is gearing up to introduce additional regulations for the digital lending ...
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Nigeria: World Bank Forecasts Nigeria’s Diaspora Remittances to Surpass $20 Billion in 2023
The World Bank has projected that diaspora remittances to Nigeria will exceed $20 billion by the end of 2023, contributing to the total ...
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Nigeria: CBN Reassures Nigerians: Your Funds are Secure in Local Banks
In a bid to allay concerns and dispel rumors, the Central Bank of Nigeria (CBN) has affirmed the safety of funds within Nigerian ...
Nigeria
Nigeria Repays $1.8 Billion in Foreign Loans
[tta_listen_btn] The Nigerian government has successfully repaid a total sum of $1.8 billion in foreign loans, including part of the COVID-19 advances obtained ...
Nigeria
FCCPC Initiates Measures to Address Rising Indebtedness from Loan Apps
[tta_listen_btn] The Federal Competition and Consumer Protection Commission (FCCPC) has revealed plans to establish a comprehensive regulatory framework to tackle the issue of ...
Nigeria
Nigeria: CBN Reverses Crypto Transaction Ban for Banks with Regulatory Framework
In a recent circular addressed to banks and financial institutions, the Central Bank of Nigeria (CBN) has lifted the restrictions on banks, allowing ...
Nigeria
Nigeria: Central Bank of Nigeria Issues Warning Against Cash Scarcity Conspiracy by Banks and PoS Operator
The Central Bank of Nigeria (CBN) has issued a stern warning to both banks and Point-of-Sale (PoS) operators regarding an alleged conspiracy that ...