Nigeria
Nigeria: Seven Banks’ Mandatory Deposits with CBN Rise to N18.16trn
Following the increase in Cash Reserve Ratio (CRR) to 50 per cent by the Central Bank of Nigeria (CBN), deposit money banks’ mandatory ...
Nigeria
Nigeria: Easing Inflation Strengthens Case for CBN Rate Cut as MPC Convenes
Nigeria’s Monetary Policy Committee (MPC) is set to deliberate on a potential interest rate cut this week, with analysts projecting a 50–75 basis ...
Nigeria
Nigeria: PenCom Redesigns Pension Scheme to Capture Informal Sector Workers
The National Pension Commission (PenCom) has unveiled a redesigned pension scheme aimed at expanding coverage in Nigeria’s informal sector, which makes up the ...
Nigeria
Nigeria: FG to Issue ₦758bn Bond to Settle Pension Liabilities – PenCom
The Federal Government is set to issue a ₦758 billion bond before the first week of October to offset outstanding pension liabilities, according ...
Nigeria
Nigeria: MTN Nigeria Secures NCC Approval to Lease Spectrum from T2 Mobile
MTN Nigeria Communications Plc has received regulatory approval from the Nigerian Communications Commission (NCC) to lease frequency spectrum from T2 Mobile Limited—formerly 9Mobile—in ...
Nigeria
Nigeria: CBN Reaffirms Drive for Financial Inclusion and Productivity — Cardoso
The Central Bank of Nigeria (CBN) has restated its strong commitment to advancing financial inclusion and stimulating productivity as part of broader efforts ...
Nigeria
Nigeria: EFCC Warns Cybercrime Fuels Stricter Visa Restrictions for Nigerians
The Economic and Financial Crimes Commission (EFCC) has linked the growing visa restrictions faced by Nigerians abroad to rising cases of cybercrime and ...
Nigeria
Nigeria: LCCI Urges Transparent Incentive Schemes in New Tax Laws to Drive Industrialisation
The Lagos Chamber of Commerce and Industry (LCCI) has called for transparent implementation of incentive schemes under the Nigeria Tax Reform Act 2025, ...
Nigeria
Nigeria: CBN Reiterates Commitment to Economic Stability and Financial Inclusion
The Central Bank of Nigeria (CBN) has restated its determination to drive economic growth by fostering productivity, deepening financial inclusion, and safeguarding monetary ...
Regulatory
Global: Singapore Moves to Block Banking and Mobile Access for Convicted Scammers
Singapore is set to tighten its crackdown on financial crime by introducing sweeping restrictions on convicted scammers, barring them from accessing critical services ...