News
Nigeria: CBN Streamlines Foreign Exchange Processes, Abolishes Multiple Exchange Rate Window
The Central Bank of Nigeria (CBN) has officially announced significant changes in the country’s foreign exchange market operations. In a statement issued on ...
News
Nigeria: OPay Leads Nigeria’s Fintech Scene, Securing Global Recognition from CNBC and Statista
In a remarkable accomplishment, Nigeria’s OPay has taken the forefront in the Financial Technology (Fintech) landscape, earning an exclusive spot in the Digital ...
Nigeria
Nigerian Regulatory Bodies and Exchange Collaborate to Strengthen Securities Lending Facility
The Nigerian securities market is set to witness a boost in investor participation and securities lending transactions, as the Securities and Exchange Commission ...
Nigeria
Nigeria: PenCom Explores Securities Lending by PFAs to Boost Capital Market
The National Pension Commission (PenCom) has announced its intention to formulate regulations that will enable Pension Fund Administrators (PFAs) to engage in securities ...
News
Nigeria: NITDA to Employ Blockchain Technology for Authenticating NYSC Certificates
The National Information Technology Development Agency (NITDA) has introduced an innovative initiative that employs blockchain technology to validate National Youth Service Corps (NYSC) ...
Regulatory
South African Regulator Advises Against Vodacom Group’s $696 Million Fiber Deal, Appeal Expected
Vodacom Group Ltd’s intended $696 million acquisition of two fiber operators in South Africa faces a hurdle as a local antitrust watchdog recommends ...
News
Nigeria: Vital Tax Reforms Needed for Enhanced Revenue Generation, Urges Muhammad Nami.
In pursuit of optimized tax revenue collection across Nigeria’s federal, state, and local government tax bodies, the nation must embark on essential and ...
News
Nigeria: Liquidity Boost and T-Bills Yield Increase as CBN Conducts Auction
In anticipation of the upcoming midweek primary market auction for Treasury bills rollover by the Central Bank of Nigeria (CBN), there has been ...
News
Nigeria: Zenith Bank Collaborates with AfCFTA on SMARTAfCFTA Trade Portal
Zenith Bank Plc has entered into a Memorandum of Understanding (MoU) with the African Continental Free Trade Area (AfCFTA) Secretariat to jointly develop ...
News
Nigeria: Banks Propose Repayment Plan for N120bn Telecom Debt
Telecommunication companies are evaluating a proposed repayment plan from Deposit Money Banks (DMBs) in order to resolve the N120 billion debt concerning the ...