Nigeria
Nigeria: PenCom Launches E-Pension Clearance Certificate Application Portal for Employers
The National Pension Commission (PenCom) has introduced a fully automated online platform for employers to apply for Pension Clearance Certificates (PCCs), marking a ...
Nigeria
Nigeria: CBN Raises Interest Rate to 27.5% Amid Inflation Concerns
The Central Bank of Nigeria (CBN) has increased its Monetary Policy Rate (MPR) by 25 basis points to 27.5%, up from 27.25%. The ...
Nigeria
Nigeria: CBN Sets $100,000 Minimum Trade Limit on New Electronic FX Platform
The Central Bank of Nigeria (CBN) has announced the introduction of a minimum trade threshold of $100,000 for transactions conducted on its newly ...
Regulatory
Global: FSB Adjusts Capital Requirements for Bank of America and Crédit Agricole in 2024 Update
The Financial Stability Board (FSB) has announced adjustments to the capital requirements for two global systemically important banks (G-SIBs) in its 2024 update. ...
Regulatory
Nigeria: CBN Extends BDC Recapitalisation Deadline to June 2025
The Central Bank of Nigeria (CBN) has extended the deadline for the recapitalisation of Bureau De Change (BDC) operators by six months, moving ...
Nigeria
Nigeria: Corporate Governance: A Pillar for Telecom Industry Growth – Maida
The Nigerian Communications Commission (NCC) has underscored the pivotal role of corporate governance in driving the success and sustainability of the telecom industry. ...
Regulatory
Global: FCA Fines Macquarie Bank £13 Million for Fictitious Trades
The UK’s Financial Conduct Authority (FCA) has imposed a £13 million fine on the London branch of Macquarie Bank for “serious failings” that ...
Nigeria
Nigerian Banks and Corporates Raise N2.7 Trillion from Capital Market in 2024 – SEC
The Securities and Exchange Commission (SEC) has announced that Nigerian banks and other corporates raised a total of ₦2.7 trillion from the capital ...
Nigeria
Nigeria: FIRS Chairman Advocates for Expanding Taxpayer Base Over Introducing New Taxes
The Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has reaffirmed that Nigeria’s ongoing tax reforms aim to broaden the ...
Nigeria
Nigeria: Central Bank of Nigeria Raises Interest Rate to 27.50% Amid Inflation Battle
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the benchmark interest rate to 27.50%, continuing its efforts ...
