The Central Bank of Nigeria (CBN) is yet to speak on the next steps regarding the planned recapitalisation of Bureau De Change (BDC) operators, even as the official deadline of …
Growth in Nigeria’s pension assets dropped to a 12-month low of ₦61.91 billion at the end of March 2025, primarily due to outflows from approved existing schemes (AES), according to …
The Debt Management Office (DMO) has announced the opening of subscriptions for two Federal Government of Nigeria (FGN) Savings Bonds starting today, Monday, June 2, 2025. The retail-targeted bonds, priced …
The Dar es Salaam Stock Exchange (DSE) in Tanzania has started a set of new reforms to make the market more attractive to foreign investors, improve transparency, and bring the …
Former Mauritanian Minister for Economic Affairs and Finance, Dr. Sidi Ould Tah, has been elected as the ninth president of the African Development Bank Group (AfDB). The announcement was made …
The Competition Authority of Kenya (CAK) has approved a planned acquisition by U.S.-based fintech company, Moniepoint Inc., which aims to acquire a controlling 78% stake in Sumac Microfinance Bank Limited. …
The Federal Government needs to spend around ₦880 billion every year to maintain the country’s federal road network properly, according to Minister of State for Works, Mohammed Goroyo. However, the …
Seven big Nigerian banks have reported a combined ₦18.82 trillion in restricted deposits with the Central Bank of Nigeria (CBN) as at March 31, 2025. This is a 7.3 percent …
The Chartered Risk Management Institute of Nigeria (CRMI) has applauded the appointment of its outgoing President and Chairman of the Governing Council, Professor Ezekiel Oseni, as Executive Director for Risk …
The Association of Bureau De Change Operators of Nigeria (ABCON) has raised serious concerns about the impact of the Central Bank of Nigeria’s (CBN) new capital requirements for Bureau De …
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