Nigeria
Nigeria: SEC and Market Stakeholders Advocate Increased Listing of Infrastructure Bonds by FG
The Securities and Exchange Commission (SEC) and various stakeholders in the capital market are urging the Federal Government to prioritize the listing of ...
Nigeria
Nigeria: FIRS Grants Full Waiver on Tax Penalties and Interests in Nigeria
The Federal Inland Revenue Service (FIRS) in Nigeria has announced the approval of a complete waiver on penalties and interests for all outstanding ...
Africa
Africa: GCR Maintains UBA’s Robust Ratings with a Stable Outlook
GCR Ratings (GCR) has upheld the long-term national and international scale ratings of United Bank for Africa Plc (UBA) at AA+ (NG) and ...
Nigeria
Nigeria: CBN Issues New Guidelines for BVN and NIN Integration; What Customers and Banks Need to Know
The Central Bank of Nigeria (CBN) has introduced new operational guidelines for deposit money banks (DMBs) aimed at enhancing the proper profiling of ...
Nigeria
Nigeria: CBN Sets March 1, 2024 Deadline for BVN-NIN Linkage, Imposes Restrictions on Non-Compliant Accounts
The Central Bank of Nigeria (CBN) has issued a directive stating that as of March 1, 2024, all accounts lacking both the Bank ...
Nigeria
Nigeria Eliminates Deadline for Submission of Old Banknotes
In October 2022, the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, unveiled plans to redesign and introduce a new ...
Ghana
Ghana: Absa Bank Ghana Appoints Adolph Kpegah as Interim Managing Director
Absa Bank Ghana LTD has announced the appointment of Adolph Kpegah as its Interim Managing Director. Mr. Kpegah will assume this temporary role ...
Nigeria
Nigeria: CBN Mandates Banks to Accept Both Old and Redesigned Banknotes
The Central Bank of Nigeria (CBN) has instructed all of its branches to continue issuing and accepting all denominations of Nigerian banknotes, encompassing ...
News
Nigeria: Naira Shows Resilience as Black Market Rate Holds Steady
Foreign exchange markets experienced varied movements as the demand for the US dollar was met with sufficient supply. According to data from the ...
News
Nigeria: FRC’s New CEO, Dr Rabiu Olowo, Pledges Rigorous Standards Enforcement and Digital Transformation
Dr Rabiu Olowo, the recently appointed Executive Secretary/Chief Executive Officer of the Financial Reporting Council (FRC), has outlined his agenda, emphasizing a commitment ...