Flutterwave has distanced itself from reports claiming the federal government has approved a $75 million investment in the company as a precursor to a public listing....
CitiTrust Financial Services Limited, the parent company of Osun-partly owned LivingTrust Mortgage Bank, has approached the Court of Appeal sitting in Lagos, following the company’s conviction at the Federal...
Federal court in Lagos has suspended the enforcement of Nigeria’s most comprehensive framework for regulating digital lending apps. On April 15, Justice Ambrose Lewis-Allagoa of the Federal...
Federal government has said that Nigeria has no plans to seek a loan from the International Monetary Fund’s proposed $50 billion support package for economies hit...
Central Bank of Nigeria (CBN), in collaboration with financial market dealers, has introduced the Nigerian Overnight Financing Rate (NOFR), a standardized benchmark designed to enhance transparency...
Central Bank of Nigeria (CBN) has released an exposure draft proposing the establishment of a 30-member Mediation and Dispute Resolution Panel (MDRP) aimed at strengthening consumer...
Nigeria Deposit Insurance Corporation (NDIC) said that it has commenced the process of liquidating 89 closed Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs). This followed...
Nigeria’s economy is projected to grow at 4.1 per cent in 2026 and strengthen slightly to 4.3 per cent in 2027, even as the International Monetary...
Securities and Exchange Commission (SEC) has proposed new rules for Public Offering of securities by a Free Trade Zone Entity (FTZE). Free Trade Zone Entity is...
Central Bank of Nigeria has proposed a specialised mediation panel to resolve disputes in secured lending, cutting court delays and boosting asset-backed loans. In a circular...