News
Nigeria: Recapitalisation Fuels Insurance Sector’s GDP Growth to 20.78%
Nigeria’s ongoing insurance sector recapitalisation has emerged as a key catalyst for the strong real GDP growth recorded in Q3 2025, according to ...
News
Nigeria: Globacom Acquires More Spectrum, Eases Network Congestion
In order to provide faster internet speeds, ensure better coverage and better customer experience across the country, Globacom has announced extensive network infrastructure ...
Nigeria
Nigeria: CAC Warns of Intensified Crackdown on Unregistered PoS Operators
The Corporate Affairs Commission (CAC) has come out with a serious warning for all Point-of-Sale (PoS) operators in Nigeria. They’re making it clear ...
News
Nigeria: Galaxy Backbone, NASENI Strengthen Partnership to Advance Nigeria’s Digital Infrastructure
Galaxy Backbone Limited (GBB) and the National Agency for Science and Engineering Infrastructure (NASENI) have renewed their collaboration to enhance government-wide ICT services, ...
Nigeria
Nigeria: SEC Mandates Full Compliance by Capital Market Operators
The Securities and Exchange Commission (SEC), yesterday said that all the Capital Market Operators (CMOs) must state compliance level and ensure all tradable ...
Nigeria
Nigeria: Cardoso Confirms 16 Banks Have Met the New CBN Minimum Capital Requirement
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), recently shared some good news about the banking industry. He confirmed that ...
News
Nigeria: MTN’s MoMo PSB seals deal with Thunes to expand cross-border payments for Nigerians
MoMo Payment Service Bank (MoMo PSB), the fintech platform of Nigeria’s largest mobile network operator, MTN, has inked a strategic partnership with Thunes, ...
Nigeria
Nigeria: CBN Holds Interest Rate Steady at 27% as It Aims to Boost Economic Recovery
The Central Bank of Nigeria (CBN) has decided to keep the interest rate, or the monetary policy rate (MPR), steady at 27%. This ...
Nigeria
Nigeria: SEC Urges Market Operators to Deepen Compliance Culture Following Nigeria’s FATF Grey List Exit
The Securities and Exchange Commission (SEC) has called on capital market operators and wider financial sector stakeholders to strengthen a proactive, enduring culture ...
Nigeria
Nigeria: CBN Proposes Five-Year Ban for Serial Dud Cheque Issuers
The Central Bank of Nigeria (CBN) has unveiled a draft policy introducing stricter penalties for individuals who repeatedly issue dud cheques, including a ...