Nigeria
Nigeria: NDIC steps up debt recovery from failed banks
The Nigeria Deposit Insurance Corporation has vowed to fully use its enhanced enforcement powers granted by the NDIC Act 2023 to recover outstanding ...
Nigeria
Nigeria: NDIC insures 99% of Nigerian depositors, says official
The Nigeria Deposit Insurance Corporation has said that about 99 per cent of depositors in Nigerian banks are fully covered under its enhanced ...
Nigeria
Nigeria: CBN allows BDCs to buy up to $150,000 weekly from FX market
The Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market ...
News
Nigeria must reduce debt reliance, says Edun
Nigeria must reduce its dependence on borrowing and build a stronger, more reliable domestic revenue base to stabilise its finances and fund development ...
Nigeria
Nigeria: NAICOM, CRC explore data-sharing partnership to boost insurance oversight
The National Insurance Commission (NAICOM) and CRC Credit Bureau have initiated discussions on a potential collaboration aimed at leveraging data and technology to ...
News
Nigeria: NITDA backs Artificial Intelligence-driven transformation at Corporate Affairs Commission
The National Information Technology Development Agency (NITDA) has thrown its weight behind the Corporate Affairs Commission’s (CAC) moves to recalibrate its operations with artificial intelligence–driven ...
Nigeria
Nigeria: SEC urges civil servants to build wealth through capital market
The Securities and Exchange Commission (SEC) has called on Nigerian civil servants to take advantage of opportunities in the capital market to build ...
News
Nigeria: Bonds, Sukuk enhance Nigeria’s capital market, says DMO
Nigeria’s Debt Management Office (DMO) has said that the introduction of long-term government bonds, Sukuk and Green Bonds has helped to open Nigeria’s domestic capital ...
Fintech
Nigeria: PenCom engages Fintech on Technology to democratize pension contributions
The National Pension Commission (PenCom) has partnered with fintech firm Awabah to make pension contributions more accessible, practical, and resilient for artisans, farmers, ...
News
Nigeria: NCC restates commitment to regional digital integration
Nigerian Communications Commission (NCC), in line with its commitment to collaboration and regional integration, has reaffirmed its dedication to strengthening partnerships among telecommunications ...