News
Nigeria: Market Valuation of Top Nigerian Banks Surges Past N6 Trillion Mark
The collective stock market valuation of major Nigerian banks has surpassed the N6 trillion threshold, experiencing a notable increase of about 13% within ...
Nigeria
Nigeria: CBN Appoints New Leadership for Dissolved Union, Keystone, Polaris Banks
Shortly after the dissolution of the boards and managements of Union, Keystone, and Polaris Banks, the Central Bank of Nigeria (CBN) has swiftly ...
Nigeria
Nigeria: CBN Removes Board of Directors from Union, Titan, Keystone, and Polaris Banks
The Central Bank of Nigeria (CBN) has taken immediate action by dismissing the entire Board of Directors of Polaris, Titan, Union, and Keystone ...
News
Nigeria: World Bank Forecasts Nigeria’s Per Capita Income Recovery by 2025
The World Bank has issued a projection indicating that Nigeria’s per capita income is anticipated to rebound to pre-pandemic levels by the year ...
Nigeria
Nigeria: Consumers Applaud Babatunde Irukera’s Impactful Leadership at FCCPC
Following the removal of Mr. Babatunde Irukera from his position as the Executive Vice Chairman of the Federal Competition and Consumer Protection Commission ...
Nigeria
Nigeria: CBN Introduces Approval Requirement for 5% Bank Share Purchases
In a move to prevent situations similar to the Oba Otudeko and FBN Holdings incident, the Central Bank of Nigeria (CBN) has implemented ...
Innovation
Mozambique Cyber Revolution Summit 2024 – Cybersecurity Innovations: Leading the Future of Protection
We TraiCon Events will be hosting Mozambique’s premier cybersecurity event titled as “Cyber Revolution Summit” scheduled on 28th & 29th, February 2024 in ...
Nigeria
NIgeria: CBN Releases $61.64 Million to Address Trapped Funds of Foreign Airlines
The Central Bank of Nigeria (CBN) has successfully disbursed $61.64 million to foreign airlines through deposit money banks, as announced by Hakama Sidi-Ali, ...
Angola
Angola Central Bank Gears Up to Tackle Escalating Inflation
The Monetary Policy Committee (CPM) of the National Bank of Angola (BNA) is set to convene on January 19 to deliberate on strategies ...
Nigeria
Nigerian Banks Cease Acceptance of Loan Applications for CBN Intervention Programs
An increasing number of Nigerian Deposit Money Banks (DMBs) are initiating the process to cease accepting loan applications under the Central Bank (CBN) ...