Nigeria
Nigeria: Money Market Rates Surge as Banks Borrow N420bn from CBN
Money market rates have surged significantly as banks increased their borrowing from the Central Bank of Nigeria (CBN) to address liquidity pressures. Deposit ...
Regulatory
Global: Google Loses US Antitrust Case on Search Dominance: Moody’s Flags Risks for Alphabet and Apple
Google has lost a significant U.S. antitrust case concerning its dominance in the search engine market, a development Moody’s has flagged as credit ...
Regulatory
Global: Australia’s Central Bank Highlights Economic Uncertainty and Cautious Policy Forecasting
The Reserve Bank of Australia (RBA) highlighted significant uncertainty in economic forecasts, explaining why policymakers have maintained current interest rates while awaiting further ...
Nigeria
Nigeria: CBN Disqualifies Six Banks in Latest Retail Dutch Auction
The Central Bank of Nigeria (CBN) has disqualified six prominent banks from participating in its most recent Retail Dutch Auction System (rDAS) held ...
Regulatory
Global: UAE Insurer Censured for Breaching Personal Data Collection Regulations
The Central Bank of the UAE (CBUAE) has issued a warning to a UAE-based insurer for breaching regulations concerning the collection of personal ...
Egypt
Egypt: Central Bank of Egypt Orders Banks to Ease Account Opening for Non-Resident Foreigners
In a recent directive, the Central Bank of Egypt (CBE) has instructed banks to streamline the process for non-resident foreigners to open bank ...
Nigeria
Nigeria: Banks’ Index Rises 5.1% as Investors Inject N49 Billion into Equities
For the first time in several months, the banking index on the Nigerian Exchange Limited (NGX) emerged as the top gainer, climbing by ...
Nigeria
Nigeria: New Digital Share Offering Platform Aims to Reduce Unclaimed Dividends
The Nigerian Exchange Group (NGX Group) has launched NGX Invest, a cutting-edge digital platform designed to enhance the efficiency of dividend payments and ...
Nigeria
Nigeria: Calls for Reduced Regulatory Burdens on Investors
Dr. Muda Yusuf, Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), has raised serious concerns about the increasing ...
Nigeria
Nigeria: New SEC Director-General to Unveil Strategic Agenda
Dr. Emomotimi Agama, the newly appointed Director-General of the Securities and Exchange Commission (SEC), will lead a key meeting this week aimed at ...