News
Nigeria: Derivative and Contractor Inflows Ease Interbank Rate Pressures
The Nigerian interbank market experienced relief as liquidity inflows from derivatives, contractors, and other sources improved the banking system’s balance, easing short-term interest ...
Nigeria
Nigeria: Telecom Operators Warn of Service Shedding Amid Tariff Challenges – ALTON
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has issued a stark warning, announcing that its members may begin service shedding unless ...
News
Nigeria: Higher Budget Deficit Could Further Depreciate Naira – Fitch
Fitch Ratings has cautioned that Nigeria’s economic stability efforts may falter if the government fails to achieve its fiscal deficit reduction targets. The ...
News
Nigeria: Kashifu Advocates for Technology Adoption to Spur Economic Prosperity at FutureMap Academy Workshop
The Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa, has urged policymakers to leverage the unique resources and strengths ...
News
Nigeria: CBN Introduces Whistleblowing Platform to Strengthen Transparency in Nigeria’s Financial Sector
The Central Bank of Nigeria (CBN) has announced the launch of a whistleblowing platform as part of its commitment to fostering transparency, accountability, ...
Nigeria
Nigeria: NCC Approves MTN’s Disconnection of Exchange Telecommunications
The Nigerian Communications Commission (NCC) has granted approval for MTN Nigeria to disconnect Exchange Telecommunications Ltd. from its network over unpaid interconnect charges. ...
News
Nigeria and Saudi Arabia Strengthen Economic Partnership
Nigeria has taken a significant step to bolster its economic ties with Saudi Arabia through a high-level delegation to Riyadh, led by the ...
Nigeria
Nigeria: CBN Approves Sterling HoldCo’s N75bn Capital Injection
The Central Bank of Nigeria (CBN) has granted approval for the N75 billion additional capital raised by Sterling Financial Holdings Company (Sterling HoldCo), ...
Nigeria
Nigeria, Others Lose $1.6bn Daily to Illicit Financial Flows – AfDB
Africa is losing approximately $1.6 billion daily due to illicit financial flows (IFFs) and profit shifting by multinational corporations operating on the continent, ...
Nigeria
Nigeria: MTN, NTEL Spectrum Lease Extension to Enhance Nigeria’s 3G and 4G Coverage
The Nigerian Communications Commission (NCC) has approved the renewal and expansion of the spectrum lease agreement between MTN Nigeria Communications Plc and Natcom ...