Nigeria
Nigeria: SEC DG to Address Capital Market’s Role in Wealth Creation at Upcoming Summit
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, is set to headline the 13th Annual Conference of the Institute ...
Regulatory
Global: BIS’s Project Mandala Proves Feasibility of Automated Cross-Border Compliance Using Zero-Knowledge Proofs
Project Mandala, led by the Bank for International Settlements (BIS) and partnered with central banks from multiple nations, is showcasing how automated compliance ...
Nigeria
Nigerian Banking Sector Achieves N7.91 Trillion Market Cap Amid New Recapitalization Wave
Nigerian bank stocks on the Nigerian Exchange Limited (NGX) reached a market capitalization of N7.91 trillion as of Friday’s close, fueled by renewed ...
Regulatory
Global: Bank of England Advocates for Retail CBDC to Bridge Innovation Gap in Banking
Bank of England Governor Andrew Bailey has reiterated his support for a retail central bank digital currency (CBDC), emphasizing that central banks may ...
Nigeria
Nigeria: Cardoso Reports Active Consultations to Remove Nigeria from FATF Money Laundering Watchlist
The Central Bank of Nigeria (CBN) announced on Saturday that it has been engaged in consultations since February 2023 to secure Nigeria’s removal ...
Nigeria
Nigeria: Rebasing Nigeria’s Economy to Enhance Data Accuracy – NBS
The National Bureau of Statistics (NBS) has announced that its planned rebasing of Nigeria’s Gross Domestic Product (GDP) will provide a more accurate ...
Regulatory
Global: How Digital Bonds Could Reshape Debt Markets and Lower Borrowing Costs
The introduction of government-issued blockchain-based bonds, known as digital gilts, could transform global debt markets by reducing borrowing costs and enabling new trading ...
Kenya
Kenya Cuts Benchmark Interest Rate to 12% to Boost Private Sector Credit
The Central Bank of Kenya (CBK) has reduced its benchmark interest rate by 75 basis points to 12% in its October 8, 2024, ...
Nigeria
Nigeria’s External Reserves Reach $40.2 Billion, Says CBN
Nigeria’s external reserves have risen to $40.2 billion as of October 18, 2024, according to the Central Bank of Nigeria (CBN). CBN’s Deputy ...
Nigeria
Nigeria: CBN Engages Nigerian Diaspora to Enhance Remittance Inflows
The Central Bank of Nigeria (CBN) has initiated targeted engagements with the Nigerian diaspora to enhance remittance flows into the country, aiming to ...
