News
Nigeria: I&E Forex Window Records $53.02 Million Turnover Following CBN’s Lifting of Forex Ban
After the Central Bank of Nigeria (CBN) lifted the forex ban on 43 items, the Investor & Exporter (I&E) forex window saw a ...
Nigeria
Nigeria: CBN Deducts N430 Billion from Banks as Short-Term Rates Decline
Amid economic uncertainties, the Central Bank of Nigeria (CBN) has imposed a substantial penalty of N430 billion on banks for their failure to ...
Africa
Africa: Afreximbank and Morocco Forge $1 Billion Trade and Investment Partnership
The African Export-Import Bank (Afreximbank) has signed a significant memorandum of understanding (MoU) with the Moroccan Government, represented by the Ministry of Economy ...
News
Nigeria: PenCom Reports Strong Growth in Retirement Savings Accounts and Assets
The National Pension Commission (PenCom) has revealed impressive progress in the number of Retirement Savings Accounts (RSAs) and pension assets under management, marking ...
News
Nigeria: Naira Faces Depreciation Despite Reversal of Unsuccessful FX Policy
The Nigerian Naira continues to depreciate, with market participants trading the US dollar at N764.86, as persistent pressures on the local currency persist ...
Nigeria
Nigeria: CBN’s New Governor Signals Shift Away from Key Development Finance Projects
Olayemi Cardoso, the new Governor of the Central Bank of Nigeria (CBN), appears to be stepping away from several significant development finance projects ...
News
Nigeria: Stakeholders Urge Nigerian Government to Recognize Telecom Infrastructure as National Assets
Stakeholders in the Information and Communication Technology (ICT) sector are calling upon the Nigerian federal government to officially designate telecom infrastructure as critical ...
Nigeria
Nigeria: Federal Government to Uphold Statutory Limits on Borrowing – Finance Minister Edun Assures
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has reaffirmed the government’s commitment to respecting the statutory limits ...
News
Nigeria: Access Bank and Visa Forge Partnership for Streamlined Cross-Border B2B Payments
Access Bank has entered into a strategic partnership with Visa to bolster the efficiency of cross-border business-to-business (B2B) payments for the bank’s corporate, ...
Kenya
Kenya: Bolt Kenya Addresses License Renewal Controversy and Booking Fee Charges
Amidst the ongoing discussions surrounding the renewal of its operating license in Kenya, Bolt Kenya is optimistic that a resolution will be reached ...