Regulatory
CBN probes forex dealers for imports regulations violation
The Central Bank of Nigeria has said it is probing some dealers for allegedly procuring foreign currencies for the purpose of importing items, ...
Nigeria
Nigeria: SEC moves to protect investors from bogus offers
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has introduced a major amendment to disclosures and information to be included in ...
Nigeria
Deregulation why FG will not hands-off downstream oil sector PPPRA
The Petroleum Products Pricing Regulatory Agency (PPPRA), Sunday, insisted that it would continue to regulate the downstream petroleum industry, irrespective of the recent ...
Regulatory
CBN Releases Draft Framework for Regulatory Sandbox Operations
In view of increasing consumers appetite for payment solutions and emerging disruptive technology in the financial services space, the Payments System Management Department ...
Regulatory
Business owners will now get CAC certificate with TIN
As part of the Ease Of Doing Business Initiative, the Corporate Affairs Commission (CAC) will now work with the Federal Inland Revenue Service ...
Nigeria
SEC disclaims iBSmartify Nigeria, cautions investors
The Securities and Exchange Commission (SEC), Sunday, disclaimed the activities of iBSmartify Nigeria, while it warned Nigerians to desist from patronizing the firm ...
Nigeria
FG acquires profiling robots for airport
The Federal Government has acquired Profiling Robots to process passengers at the Departure Hall of airports. This was disclosed by the government via ...
Nigeria
Banks besiege CBN for loans as scarcity of funds intensifies
The interbank money market has been gripped with intense scarcity of funds as amount of idle cash (liquidity) in the market fell by ...
Nigeria
Fitch says Nigerian banks have a risk indicator of 12.14, explains why
A new report by Fitch Solutions titled “Nigeria: Banking & Financial Services Report Q3 2020” has revealed that the Banking Industry Risk Indicator ...
Regulatory
FRC issues timelines compliance with corporate governance code
The Financial Reporting Council (FRC) has issued timelines for corporate entities to report compliance with the National Code of Corporate Governance (NCCG). The ...