Nigeria
Nigeria: Tinubu reshuffles cabinet, replaces finance minister
Bola Ahmed Tinubu has approved a cabinet reshuffle that sees the exit of Wale Edun as Minister of Finance and Coordinating Minister of ...
Nigeria
Nigeria: FCCPC warns firms on merger compliance, signals sanctions for violations
The Federal Competition and Consumer Protection Commission has issued a strong advisory to companies, legal practitioners, and transaction advisers, urging strict compliance with ...
Nigeria
Nigeria: Wema Bank surpasses recapitalisation threshold, secures national licence
Wema Bank has successfully exceeded the Central Bank of Nigeria’s revised capital requirements, reinforcing its position within the country’s top-tier banking segment and ...
Ghana
Ghana: BoG pivots to diaspora capital for long-term economic financing
The Bank of Ghana is intensifying efforts to channel diaspora remittances into structured investment vehicles, positioning overseas inflows as a strategic source of ...
Nigeria
Nigeria: NCC, CBN Launch Joint Initiative to Combat SIM-Related Financial Fraud
The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have strengthened cross-sector collaboration with the launch of a joint framework ...
Regulatory
Global: UK Advances Payment Reforms to Support Stablecoins, AI and Tokenised Finance
The UK government is accelerating plans to modernise its payments landscape, unveiling a series of regulatory reforms designed to accommodate emerging technologies such ...
Nigeria
Nigeria: CBN Introduces Nigerian Overnight Financing Rate as New Benchmark
The Central Bank of Nigeria (CBN), in partnership with the Financial Markets Dealers Association (FMDA), has unveiled the Nigerian Overnight Financing Rate (NOFR) ...
Nigeria
Nigeria: FCCPC warns firms against non-compliance with statutory obligations
The Federal Competition and Consumer Protection Commission (FCCPC) has warned firms, legal advisers, transaction parties and other stakeholders against non-compliance with statutory obligations ...
Nigeria
Nigeria Intensify Efforts to Deepen Monetary Cooperation, Financial Integration across Africa
Nigeria has stepped up efforts to host the African Union (AU) African Monetary Institute (AMI), signalling a renewed push toward deeper monetary cooperation ...
Nigeria
Nigeria: CBN proposes mediation panel to resolve loan disputes
The Central Bank of Nigeria is advancing plans to introduce a structured dispute resolution mechanism for loan-related conflicts, proposing the establishment of a ...