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...
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...
Nigeria has unveiled Domain Name System Security Extensions (DNSSEC) on its .ng domain, marking a major step toward strengthening national cybersecurity and enhancing trust in the...
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...
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...
As the Central Bank of Nigeria’s (CBN) recapitalisation exercise came to an end March 31, 2026, most banks operating in the country rose to the challenge...
Incorporated Trustees of the Data Privacy Lawyers Association (DPLA), a group of legal experts and data privacy advocates and Etisang Solomon have filed a fundamental rights enforcement suit...
Olugbenga Agboola, CEO, Flutterwave, has announced plans to establish Anambra State as the company’s hub for Nigeria’s South East, leveraging a fresh banking license from the...
Central Bank of Nigeria (CBN) has debunked rumours suggesting that Polaris Bank is undergoing liquidation, assuring the public that the country’s banking system remains stable and secure. The apex...
