News
Nigerian House of Representatives Urges Commercial Banks to Cease Excess Charges and Illegal Deductions
The House of Representatives in Nigeria has called on commercial banks operating in the country to put an end to excessive charges and ...
News
Nigeria’s Half-Year Direct Remittances Decline by 21% to $952 Million – CBN
The Central Bank of Nigeria (CBN) has released data showing that Nigeria received a total of $952 million in direct remittances from Nigerians ...
Global
Global: US Dollar Weakens in Anticipation of Inflation Report
On Wednesday (July 12, 2023), the United States (US) dollar index dipped below 101.6, reaching its lowest point in two months, as market ...
Global
Global: UK Government Initiates Consultation for Digital Securities Sandbox
The UK Government has launched a consultation process to establish a Digital Securities Sandbox (DSS), aimed at testing innovative market infrastructures for digital ...
News
Nigeria: FIRS Grants Extension for Companies’ Income Tax Returns Submission
The Federal Inland Revenue Service (FIRS) in Nigeria has announced an extension of the due date for submitting companies’ income tax returns for ...
Africa
Nigeria: African Development Bank (AfDB) Supports Nigeria’s FX Rates Unification
The African Development Bank (AfDB) has commended President Bola Tinubu’s administration in Nigeria for unifying the naira exchange rate, stating that it will ...
News
Nigeria: OPay Transforming Nigeria’s Fintech Landscape and Driving Financial Inclusion
In a market traditionally dominated by deep-pocketed commercial banks, few fintech companies were expected to thrive. However, the fintech narrative in Nigeria has ...
Africa
Africa: CardinalStone Forecasts 47% Upside for Ecobank as Earnings and Dividends Expected to Rise
Equities research analysts at CardinalStone Partners Limited have projected a potential upside of 47% for Ecobank Transnational Incorporated (ETI) based on anticipated growth ...
Global
Global: Survey Predicts 24 Central Banks to Issue Digital Currencies by 2030, BIS Finds
According to a survey conducted by the Bank for International Settlements (BIS), approximately two dozen central banks from both emerging and advanced economies ...
News
Nigeria Leads Crypto Interest in Africa, Accounting for 67% of Total
Nigeria has emerged as the country with the highest interest in cryptocurrencies, particularly Bitcoin and Ethereum, in Africa, according to a recent research ...
