Nigeria
Nigeria: GTCO secures CBN, SEC approval to raise N10bn via private placement
Guaranty Trust Holding Company Plc (GTCO) has received regulatory approval from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission ...
Nigeria
Nigeria: FG cost-to-income policy eroding depositor protection buffer — NDIC
The Nigeria Deposit Insurance Corporation (NDIC) has raised concerns that the Federal Government’s 50 per cent cost-to-income ratio policy is constraining its capacity ...
Nigeria
Nigeria: NAICOM insists insurance recapitalisation deadline remains unchanged
The National Insurance Commission (NAICOM) has ruled out any extension of the ongoing insurance industry recapitalisation deadline, stressing that the timeline is clearly ...
Nigeria
Nigeria: CBN FX reforms fuel return of foreign card usage
Foreign card usage is gradually returning to Nigeria after years of restrictions, signalling improved foreign exchange liquidity and renewed confidence in the country’s ...
Nigeria
Nigeria: CBN strengthens banking sector resilience as recapitalisation gathers pace
Nigeria’s banking system remains fundamentally stable, sound and resilient, serving as a critical pillar of financial stability, according to the Central Bank of ...
Nigeria
Nigeria: Oyedele Spells Out Tax ID Requirements for Bank Accounts
Taiwo Oyedele, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has stepped in to clear up the confusion around Tax ...
Nigeria
Nigeria: Oyedele highlights sub-national tax reform as key to economic sustainability
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has underscored the importance of transforming tax administration at the ...
Nigeria
African countries study Nigeria’s data protection ecosystem
At least eight African countries are currently studying Nigeria’s data protection ecosystem as they seek to strengthen their own regulatory frameworks and institutional ...
Nigeria
Nigeria: FIRS Confirms NIN Now Serves as Automatic Tax ID for Nigerians
The Federal Inland Revenue Service (FIRS) has announced that the National Identification Number (NIN) issued by the National Identity Management Commission (NIMC) now ...
Nigeria
Nigeria: SEC Directs Capital Market Operators to Renew Registration from January 2026
The Securities and Exchange Commission (SEC) has directed all capital market operators to renew their registrations between January 1 and January 31, 2026. ...