News
Nigeria’s Half-Year Direct Remittances Decline by 21% to $952 Million – CBN
The Central Bank of Nigeria (CBN) has released data showing that Nigeria received a total of $952 million in direct remittances from Nigerians ...
News
Nigeria: FIRS Grants Extension for Companies’ Income Tax Returns Submission
The Federal Inland Revenue Service (FIRS) in Nigeria has announced an extension of the due date for submitting companies’ income tax returns for ...
Africa
Nigeria: African Development Bank (AfDB) Supports Nigeria’s FX Rates Unification
The African Development Bank (AfDB) has commended President Bola Tinubu’s administration in Nigeria for unifying the naira exchange rate, stating that it will ...
News
Nigeria: OPay Transforming Nigeria’s Fintech Landscape and Driving Financial Inclusion
In a market traditionally dominated by deep-pocketed commercial banks, few fintech companies were expected to thrive. However, the fintech narrative in Nigeria has ...
Africa
Africa: CardinalStone Forecasts 47% Upside for Ecobank as Earnings and Dividends Expected to Rise
Equities research analysts at CardinalStone Partners Limited have projected a potential upside of 47% for Ecobank Transnational Incorporated (ETI) based on anticipated growth ...
News
Nigeria Leads Crypto Interest in Africa, Accounting for 67% of Total
Nigeria has emerged as the country with the highest interest in cryptocurrencies, particularly Bitcoin and Ethereum, in Africa, according to a recent research ...
News
Nigeria: CBN Lifts Cash Deposit Restriction On Domiciliary Accounts, Allows $10,000 Daily Withdrawals
The Central Bank of Nigeria has announced the removal of cash deposit limitations on domiciliary accounts, granting account holders the liberty to withdraw ...
News
Nigerian Naira Declines, FX Rate Expected to Reach N785 in One Month
The Nigerian naira experienced a decline of N7.65 at the Investors’ and Exporters’ foreign exchange (FX) window during the past week, despite two ...
Mozambique
Mozambique: IMF Approves Second Review Under Extended Credit Facility Arrangement for Mozambique
The International Monetary Fund (IMF) has completed the Second Review under the three-year Extended Credit Facility (ECF) arrangement for Mozambique. This milestone enables ...
Ghana
Ghana: Consolidated Bank Ghana Joins United Nations Global Compact for Sustainable Business Practices
Consolidated Bank Ghana Ltd. (CBG) has demonstrated its commitment to responsible business practices by becoming a member of the United Nations Global Compact ...