Nigeria
Nigeria: SEC Pledges to Address N215 Billion in Unclaimed Dividends with Tech Solutions
The Securities and Exchange Commission (SEC) has reaffirmed its commitment to tackling the growing issue of unclaimed dividends, which have now reached N215 ...
Nigeria
Nigeria: MPC Raises Concerns Over Fiscal Policies’ Impact on Inflation Control
Members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) have voiced concerns that certain fiscal policies are undermining ...
Nigeria
Nigeria: Senate Proposes N50 Million Fine for Unlicensed Insurance Firms
The Nigerian Senate has put forward a proposal for a N50 million fine or a two-year prison sentence, or both, for principal officers ...
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Nigeria: Ecobank to Host First-Ever Fintech Challenge Semifinal in Lagos, Nigeria
Ecobank, the pan-African banking leader, has announced that the inaugural semifinal event of its Fintech Challenge will take place in Lagos, Nigeria. The ...
Nigeria
Nigeria: NDIC Expedites Compensation for Heritage Bank Depositors Following License Revocation
The Nigeria Deposit Insurance Corporation (NDIC) has swiftly disbursed 82.36% of insured deposits to customers of the recently liquidated Heritage Bank. This comes ...
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Nigeria: CBN resumes publication of key economic reports
The Central Bank of Nigeria (CBN) said it is back with the publication of several key economic reports to make relevant information available ...
Nigeria
Nigeria: SEC approves extension of Access Holdings rights issue
The Securities and Exchange Commission has approved the extension of the rights issue of Access Holdings Plc to August 23. A statement from ...
News
Nigeria: Lagos State to Tokenize Real Estate, Aiming to Boost Revenue
Lagos State Government has unveiled an ambitious plan to tokenize its real estate sector, leveraging blockchain technology to revolutionize property transactions. This initiative ...
Nigeria
Nigeria to Auction ₦190 Billion in Reopened Bonds in August
The Nigerian Debt Management Office (DMO) has announced plans to auction ₦190 billion in reopened bonds next week. This move is part of ...
Nigeria
Nigeria: Money Market Rates Surge as Banks Borrow N420bn from CBN
Money market rates have surged significantly as banks increased their borrowing from the Central Bank of Nigeria (CBN) to address liquidity pressures. Deposit ...