News
Nigeria: Union Bank Reassures Customers on Stability Following CBN Governor’s Remarks
Union Bank of Nigeria has reaffirmed the safety of customer deposits and the stability of its operations following recent comments by the Governor ...
Nigeria
Nigeria: PenCom Revises Pension Fund Price Disclosure Framework
The National Pension Commission (PenCom) has directed Pension Fund Administrators (PFAs) to discontinue the publication of daily unit prices for Retirement Savings Account ...
Africa
Africa: KPMG appoints Adeyemi African CEO
KPMG has announced the appointment of Tola Adeyemi as Chief Executive Officer for KPMG in Africa, alongside the addition of Professor Olayinka David-West ...
Ghana
Ghana: BoG to Embed Business Model Analysis in Bank Supervision Framework
The Bank of Ghana (BoG) has announced plans to formally integrate business model analysis into its routine supervisory assessments, marking a strategic shift ...
Nigeria
Nigeria: CBN Intervenes in FX Market to Moderate Naira Appreciation
The Central Bank of Nigeria (CBN) moved to temper the recent appreciation of the naira, purchasing approximately $190 million from the foreign exchange ...
Regulatory
Zambia’s President Backs New Cybercrime Laws Amid Rights Backlash
Zambia’s President Hakainde Hichilema has strongly defended the country’s new cybercrime laws, even as critics raise concerns about threats to free speech. The ...
Ghana
Ghana Tightens Law on Stablecoin Promotions
The Bank of Ghana (BoG) has sent out a strong warning to stop the illegal advertising of virtual assets and stablecoin products. This ...
Nigeria
Nigeria’s Capital Market Surges 125% to ₦123.93 Trillion – SEC Highlights Growth Momentum
Nigeria’s capital market has recorded a remarkable expansion, with total market capitalisation rising by 125 percent — from approximately ₦55 trillion in April ...
News
Nigeria: Ecobank Nigeria Redeems $300m Eurobond, Shifts Focus to Domestic Funding
Ecobank Nigeria has successfully repaid the full outstanding principal and accrued interest on its $300 million Eurobond due February 16, 2026, marking a ...
News
Nigeria and South Africa Lead Stablecoin Adoption as Usage Nears 80%
Nigeria and South Africa are emerging as frontrunners in Africa’s stablecoin expansion, with close to 80 percent of cryptocurrency users in both markets ...