Nigeria
Nigeria: FG Targets N1.8tn from Bond Market in Q1 2025
The Federal Government aims to generate N1.8tn from the bond market in the first quarter of 2025, as revealed by the Debt Management ...
Innovation
Nigeria: CBN Launches Digital Initiatives to Transform Financial Transactions
The Central Bank of Nigeria (CBN) has introduced two groundbreaking digital initiatives: the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies ...
Fintech
Global: LemFi Raises $53M to Expand Cross-Border Remittance Services Across Europe
Nigerian fintech company LemFi has secured $53 million in a funding round led by Left Lane Capital, with participation from Y Combinator, Palm ...
Nigeria
Nigeria: Bureau De Change Operators Struggle as CBN Recapitalisation Deadline Approaches
Nigeria’s Bureau De Change (BDC) operators are navigating significant challenges in their bid to meet the Central Bank of Nigeria’s (CBN) revised capitalization ...
Nigeria
Nigeria: FCCPC and NCC Sign MoU to Enhance Telecoms Regulation and Consumer Protection
The Federal Competition and Consumer Protection Commission (FCCPC) and the Nigerian Communications Commission (NCC) have signed a Memorandum of Understanding (MoU) to strengthen ...
News
Nigeria: World Bank Pledges $500 Million for Nigeria’s Ambitious Fibre Optic Network Expansion
The World Bank has committed $500 million to support Nigeria’s ambitious plan to expand its fibre optic network by 90,000 kilometers. This development, ...
News
Nigeria: MTN Nigeria Earns Compliance Management System Certification
MTN Nigeria has achieved a significant milestone by becoming the first Nigerian organization, the first company in the telecommunications sector, and the first ...
Nigeria
Nigeria’s SEC Enhances Borrowing Framework Amid Supreme Court Subvention Ruling
The Securities and Exchange Commission (SEC) of Nigeria has announced measures to strengthen the regulatory framework for government and corporate borrowing, aiming to ...
Nigeria
Nigeria: NGX Group CEO Advocates Collaboration to Strengthen Pan-African Capital Markets
The Group CEO of Nigerian Exchange Group Plc (NGX Group), Temi Popoola, has underscored the transformative potential of Africa’s capital markets at the ...
Ethopia
Nigeria to Support Ethiopia’s First Securities Exchange
The Nigerian Exchange Group (NGX) Plc is leveraging its six decades of experience to support the Ethiopian Securities Exchange (ESX), Ethiopia’s first-ever stock ...