The Africa Finance Corporation (AFC), said its board has approved a commitment of $100 million to invest in Africa-focused technology fund managers. The commitment comes amidst...
Nigeria Revenue Service (NRS), in collaboration with the Joint Revenue Board (JRB), has announced the implementation of a nationwide Taxpayer Identification (Tax ID) system, mandating all...
Securities and Exchange Commission (SEC) has approved the transition to the T+1 settlement cycle for capital market transactions from June 1, 2026. T+1 settlement is a...
Nigeria’s banking sector is losing an estimated N2.5 trillion in annual earnings due to the Central Bank of Nigeria’s high Cash Reserve Ratio (CRR) policy, according...
Lagos State Government has sanctioned 15 money lending firms over violations of operational guidelines and practices considered harmful to residents. Ibrahim Layode, commissioner for Home Affairs,...
First Bank of Nigeria Limited, in partnership with Visa, has launched its multicurrency Visa Signature card, a premium offering designed for Nigeria’s affluent segment, as well...
The African Development Bank Group (AfDB) has approved a $200 million financing facility for the Bank of Industry (BoI) to expand access to long-term funding for...
