Nigeria
Nigeria: CBN Temporarily Opens FX Window for BDC Operators at NFEM Rate
The Central Bank of Nigeria (CBN) has introduced a temporary window allowing Bureau de Change (BDC) operators to access US dollars at the ...
Nigeria
Nigeria: CBN Imposes Daily Cash Transaction Limit of N100,000 for POS Agents
The Central Bank of Nigeria (CBN) has introduced a daily cash transaction limit of N100,000 per customer for Point-of-Sale (POS) agents as part ...
Africa
African Nations Unite to Establish Continental Credit Rating Agency
Several African nations, including Nigeria, have announced plans to create a continental credit rating agency to address perceived biases in ratings from major ...
Nigeria
Nigeria: Nigerian Capital Market Positioned to Propel $1 Trillion Economy – SEC
The Nigerian capital market is strategically positioned to support the Federal Government’s ambitious agenda of transforming the national economy into a $1 trillion ...
Nigeria
Nigeria: Nigerian Capital Market Positioned to Propel $1 Trillion Economy – SEC
The Nigerian capital market is strategically positioned to support the Federal Government’s ambitious agenda of transforming the national economy into a $1 trillion ...
Nigeria
Nigeria: Jaiz Bank Meets CBN’s Revised Capital Requirement, Strengthens Leadership in Ethical Banking
Jaiz Bank Plc, Nigeria’s leading non-interest financial institution, has successfully met the new minimum capital requirements set by the Central Bank of Nigeria ...
Africa
Africa: ECOWAS Accelerates Plans for ECO Single Currency Launch by 2027
The Economic Community of West African States (ECOWAS) has intensified efforts to finalize the practical arrangements necessary for the introduction of its long-anticipated ...
Regulatory
South Sudan Lifts Cash Withdrawal Cap Amid Liquidity Crisis
The Bank of South Sudan (BoSS) has announced the removal of the SSP10 million ($2,567) cash withdrawal limit for commercial banks in a ...
Nigeria
Nigeria: SEC Enhances Oversight to Safeguard Investors Amid Nigeria’s Fintech Transformation
The Securities and Exchange Commission (SEC) has reaffirmed its commitment to safeguarding investors’ funds as financial technology (fintech) continues to reshape Nigeria’s investment ...
Nigeria
Nigeria: SEC DG Highlights Barriers and Strategies for Capital Market Growth
The Securities and Exchange Commission (SEC) has identified limited investor participation, regulatory challenges, and macroeconomic instability as critical barriers to the capital market’s ...