Nigeria
Nigeria: CBN Introduces Nigerian Overnight Financing Rate as New Benchmark
The Central Bank of Nigeria (CBN), in partnership with the Financial Markets Dealers Association (FMDA), has unveiled the Nigerian Overnight Financing Rate (NOFR) ...
Nigeria
Nigeria: FCCPC warns firms against non-compliance with statutory obligations
The Federal Competition and Consumer Protection Commission (FCCPC) has warned firms, legal advisers, transaction parties and other stakeholders against non-compliance with statutory obligations ...
Nigeria
Nigeria Intensify Efforts to Deepen Monetary Cooperation, Financial Integration across Africa
Nigeria has stepped up efforts to host the African Union (AU) African Monetary Institute (AMI), signalling a renewed push toward deeper monetary cooperation ...
Nigeria
Nigeria: CBN proposes mediation panel to resolve loan disputes
The Central Bank of Nigeria is advancing plans to introduce a structured dispute resolution mechanism for loan-related conflicts, proposing the establishment of a ...
Nigeria
Nigeria: NDIC begins final wind-down of 89 failed banks after resolution process
The Nigeria Deposit Insurance Corporation has initiated the final phase of winding down 89 defunct Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs), ...
Nigeria
Nigeria: FG advances collaborative framework to strengthen cybersecurity resilience
The Federal Government is ramping up efforts to safeguard Nigeria’s digital economy, with plans to establish a National Cybersecurity Coordination Council aimed at ...
Ghana
Ghana: World Bank Endorses Ghana’s Reform Progress as Recovery Gains Momentum
The World Bank has expressed renewed confidence in Ghana’s economic recovery, backing the government’s reform agenda as it transitions from crisis stabilisation to ...
Ghana
Ghana: BoG Governor Calls for Overhaul of IMF Support Framework for African Economies
Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has called for significant reforms in how the International Monetary Fund supports its ...
Nigeria
Nigeria: Reform momentum drives revaluation of Nigeria’s insurance stocks
Nigeria’s insurance equities are undergoing a notable market re-rating, signalling a shift from long-standing undervaluation to renewed investor interest, driven largely by ongoing ...
Nigeria
Nigeria’s Insurance Sector Records Strong Growth with N2.3tr Premiums and N4.8tr Assets
Nigeria’s insurance industry is witnessing sustained expansion, with new data highlighting increased premium volumes, improved claims settlement, and rising asset growth—signalling stronger confidence ...