Nigeria
Nigeria: SEC Introduces New Registration Requirement for Capital Market Operators
The Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has announced a new requirement for capital market operators (CMOs) renewing their ...
News
Nigeria: Naira Set for Rebound as CBN’s FX Matching System Launches
The era of foreign exchange (forex) speculation and market distortions in Nigeria may be nearing its end as the Central Bank of Nigeria ...
Nigeria
Nigeria: CBN’s Interest Rate Hike Dampens Stock Market Performance
The Nigerian Exchange Limited (NGX) experienced a downturn last week as the stock market reacted negatively to the Central Bank of Nigeria’s (CBN) ...
Nigeria
Nigeria: NASD Calls for Adherence to SEC Rules on Trading Unlisted Securities
The NASD OTC Exchange has urged public limited companies to comply with the Securities and Exchange Commission (SEC) regulation mandating that securities of ...
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Nigeria: CBN Launches Revamped Website to Enhance Transparency and User Experience
The Central Bank of Nigeria (CBN) has officially launched its newly redesigned website, marking a significant milestone in its efforts to improve transparency ...
Nigeria
Nigeria: CBN Extends Bureaux De Change Recapitalisation Deadline by Six Months, Urges Industry Unity
The Central Bank of Nigeria (CBN) has extended the deadline for bureaux de change (BDC) operators to meet new recapitalisation requirements by six ...
Nigeria
Nigeria: CBN Launches Electronic Foreign Exchange System with $100,000 Minimum Trading Limit
The Central Bank of Nigeria (CBN) has introduced the Electronic Foreign Exchange Matching System (EFEMS), a new initiative designed to promote transparency, fairness, ...
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Nigeria: Development Bank of Nigeria Wins CBN Financial Inclusion Leadership Award
The Development Bank of Nigeria Plc (DBN) has been honored with the Financial Inclusion Leadership Award by the Central Bank of Nigeria (CBN). ...
Nigeria
Nigeria: CBN, First Bank Advocate Stronger Collaboration with Chinese Banks
The Central Bank of Nigeria (CBN) and First Bank Nigeria Limited have called for enhanced collaboration between Nigerian and Chinese banks to support ...
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Nigeria: Digital Space Capital Records 81% Profit Surge to N620 Million
Digital Space Capital (DSC), a leading financial investment firm, reported an 81.7% increase in profit after tax to N620 million for 2023, up ...