Nigeria

MTN Nigeria Secures N42.2 Billion in New Capital

MTN Nigeria Communications Plc has successfully raised N42.2 billion in debt capital through the issuance of commercial papers (CPs) under its N250 billion ...

By Regtech AfricaJanuary 20, 20250

Nigeria

Nigeria: SEC Warns Capital Market Operators of Penalties for Non-Renewal of Registration

The Securities and Exchange Commission (SEC) has issued a stern warning to capital market operators (CMOs) to renew their registration for 2025 by ...

By Regtech AfricaJanuary 20, 20250

News

Nigeria: BVN Now Mandatory for RSA Holders Starting February – PenCom

The National Pension Commission (PenCom) has announced that from February 1, Bank Verification Numbers (BVNs) will be mandatory for all Retirement Savings Account ...

By Regtech AfricaJanuary 20, 20250

Africa

Africa: Ethio Telecom Partners with AfDB to Propel Africa’s Digital Transformation

Ethio Telecom and the African Development Bank (AfDB) are collaborating on initiatives to advance Ethiopia’s digital economy and support Africa’s broader digital transformation ...

By Regtech AfricaJanuary 20, 20250

Fintech

Nigeria: Baobab Network Invests in CreditChek to Expand Cross-Border Credit Access

Baobab Network, a leading early-stage investor and accelerator, has kickstarted its 2025 investment cycle by investing in CreditChek, a Nigerian fintech startup focused ...

By Regtech AfricaJanuary 20, 20250

Nigeria

Nigeria: FG Aims to Pass Digital Economy Bill by Q2 2025

The Federal Government of Nigeria is working toward the passage of the Digital Economy Bill by the second quarter of 2025, marking a ...

By Regtech AfricaJanuary 20, 20250

Nigeria

Nigeria: Market Rates Surge as Banks Borrow N4 Trillion from CBN

Amid a significant liquidity deficit in the Nigerian banking system, banks turned to the Central Bank of Nigeria (CBN) for support, borrowing approximately ...

By Regtech AfricaJanuary 20, 20250

Africa

Africa: AfDB Partners with U.S. to Launch Credit Rating Platform for African Markets

The African Development Bank (AfDB) has entered into a partnership with Prosper Africa, a U.S. Presidential initiative, to develop an innovative Credit Rating ...

By Regtech AfricaJanuary 20, 20250

Nigeria

Nigeria: External Reserves Dip as CBN Intensifies Naira Defense

Nigeria’s gross external reserves have witnessed a consistent decline in 2025, impacted by reduced US dollar inflows and sustained foreign exchange (FX) interventions ...

By Regtech AfricaJanuary 20, 20250

Nigeria

Nigeria: PenCom Implements BVN Mandate for RSA Registration and Data Recapture Starting February 1, 2025

The National Pension Commission (PenCom) has announced a new directive requiring the mandatory inclusion of Bank Verification Numbers (BVN) for all Retirement Savings ...

By Regtech AfricaJanuary 18, 20250

MTN Nigeria Secures N42.2 Billion in New Capital

Nigeria: SEC Warns Capital Market Operators of Penalties for Non-Renewal of Registration

Nigeria: BVN Now Mandatory for RSA Holders Starting February – PenCom

Africa: Ethio Telecom Partners with AfDB to Propel Africa’s Digital Transformation

Nigeria: Baobab Network Invests in CreditChek to Expand Cross-Border Credit Access

Nigeria: FG Aims to Pass Digital Economy Bill by Q2 2025

Nigeria: Market Rates Surge as Banks Borrow N4 Trillion from CBN

Africa: AfDB Partners with U.S. to Launch Credit Rating Platform for African Markets

Nigeria: External Reserves Dip as CBN Intensifies Naira Defense

Nigeria: PenCom Implements BVN Mandate for RSA Registration and Data Recapture Starting February 1, 2025

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