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JP Morgan intends to expand in Nigeria by converting its Lagos office into a fully operational branch and applying for a merchant banking license from the CBN. This encompasses the …
JP Morgan to Expand Operations in Nigeria with Merchant Bank License Acquisition Read More
Nigeria is set to recognize cryptocurrencies with the passage of the 2025 Investment and Securities Bill, defining crypto assets and providing legal support for trading platforms. This shift comes after …
Nigeria Embraces Cryptocurrency with New Investment and Securities Bill Read More
This week features key business stories such as the approval of tax reform bills maintaining VAT at 7.5%, concerns over naira abuse, and PenCom’s directive empowering PFAs. Additionally, NERC has …
Week Ahead: Key Business Developments in Nigeria – March 17 to March 21 Read More
Nigeria has initiated significant economic reforms focused on stabilizing financial markets and controlling inflation, led by the Central Bank of Nigeria in collaboration with fiscal authorities. The recent Monetary Policy …
Nigeria’s Economic Shift: From Stabilization to Growth Amid Inflation Challenges Read More
The CBN has strengthened its regulatory oversight to ensure a transparent financial system in Nigeria. A recent training workshop emphasized the importance of compliance with global banking standards. Experts highlighted …
CBN Enhances Regulatory Oversight to Protect Nigeria’s Financial System Read More
The collaboration between the Nigeria Customs Service (NCS) and the Central Bank of Nigeria (CBN) is essential for driving trade and economic stability in Nigeria. Under CGC Bashir Adewale Adeniyi, …
Customs and CBN: Pioneering Nigeria’s Economic Transformation Read More
Tigran Gambaryan of Binance has challenged the Central Bank of Nigeria’s claims regarding a $26 billion outflow, asserting it reflects cumulative trade volume. He criticizes the CBN for scapegoating Binance …
Binance Executive Refutes CBN’s Claims of $26 Billion Outflow from Nigeria Read More
Nigeria has raised US $2.2 billion through Eurobond issuance, attracting over US $9.0 billion in demand, indicating strong international investor confidence amidst ongoing economic reforms. The offering saw widespread participation …
Nigeria Successfully Raises US $2.2 Billion Through Eurobond Issuance Read More