Tag: Nigerias

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Nigeria’s Securities Regulator Wants to Hike Crypto Firm Registration Fees by 400%

Nigeria’s Securities Regulator Wants to Hike Crypto Firm Registration Fees by 400%

The proposed amendments to the rules for crypto issuers, exchanges and custody platforms include increases to all supervision fees. Instead of a 100,0 [...]
Nigeria’s Forex Crisis Adds MTN to Growing List of Financially Distressed Companies -March 04, 2024 at 07:06 am EST

Nigeria’s Forex Crisis Adds MTN to Growing List of Financially Distressed Companies -March 04, 2024 at 07:06 am EST

"Most of the naira weakness will affect 2024, more than 2023, and it will take some time for MTN to recoup cost pressure from the consumer given regul [...]
Dangote Cement: Nigeria’s most valuable company posts record income of N553 billion

Dangote Cement: Nigeria’s most valuable company posts record income of N553 billion

Dangote Cement, Nigeria’s most valuable company and partly owned by Africa’s richest man, more than doubled its comprehensive income to N1 trillion by [...]
Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls — TradingView News

Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls — TradingView News

In the first month of 2024, Nigeria’s headline inflation rose from nearly one percent to 29.9%. However, on a year-on-year basis, the January 2024 hea [...]
Nigeria’s naira at record low despite improving FX liqudity -February 09, 2024 at 11:35 am EST

Nigeria’s naira at record low despite improving FX liqudity -February 09, 2024 at 11:35 am EST

ABUJA (Reuters) -Nigeria's naira dropped to a record intra-day low against the dollar on Friday, LSEG data showed, following a d [...]
Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts

Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts

Nigeria’s push to increase oversight of digital assets aligns with recent initiatives from neighboring African nations, where cryptocurrencies have be [...]
Stakeholder urges swift implementation of Nigeria’s blockchain policy

Stakeholder urges swift implementation of Nigeria’s blockchain policy

A stakeholder in the blockchain and fintech ecosystem has called on the Federal Government of Nigeria to implement regulations that will foster the wi [...]
Nigeria’s Patricia Technologies relieved as arrest made in crypto wallet heist

Nigeria’s Patricia Technologies relieved as arrest made in crypto wallet heist

The Nigeria Police Force (NPF) said it has arrested one politician, Ambassador Wilfred Bonse, concerning the theft of over $246,153 (200 million naira [...]
Nigeria’s NITDA advocates AI integration in payments for global recognition

Nigeria’s NITDA advocates AI integration in payments for global recognition

In a bid for greater global recognition and domestic use of the Nigeria Payments System, the director-general (DG) of the National Information Technol [...]
Nigeria’s 3MTT program draws 1M+ applicants, introduces AI course

Nigeria’s 3MTT program draws 1M+ applicants, introduces AI course

Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, said the 3 Million Technical Talent (3MTT) program’s million appl [...]
Preshbae: Nigeria’s Richest Female Forex Trader Powering the Financial Landscape! – Vanguard

Preshbae: Nigeria’s Richest Female Forex Trader Powering the Financial Landscape! – Vanguard

Preshbae: Nigeria’s Richest Female Forex Trader Powering the Financial Landscape!  Vanguard www.vanguardngr.com [...]
Nigeria’s forex market needs clear, enforceable rules — Parthian Partners boss – Vanguard

Nigeria’s forex market needs clear, enforceable rules — Parthian Partners boss – Vanguard

Nigeria’s forex market needs clear, enforceable rules — Parthian Partners boss  Vanguard www.vanguardngr.com [...]
Nigeria’s forex market needs restructuring—Tinubu’s aide – Vanguard

Nigeria’s forex market needs restructuring—Tinubu’s aide – Vanguard

Nigeria’s forex market needs restructuring—Tinubu’s aide  Vanguard www.vanguardngr.com [...]
Nigeria’s central bank Governor Cardoso pledges to clear $7 billion forex backlog

Nigeria’s central bank Governor Cardoso pledges to clear $7 billion forex backlog

ABUJA, Sept 26 (Reuters) - Nigeria's new central bank Governor Olayemi Cardoso said on Tuesday his top priority was to clear the bank [...]
Nigeria’s central bank Governor Cardoso pledges to clear $7 billion forex backlog – Today

Nigeria’s central bank Governor Cardoso pledges to clear $7 billion forex backlog – Today

ABUJA, Sept 26 (Reuters) - Nigeria's new central bank Governor Olayemi Cardoso said on Tuesday his top priority was to clear the bank's backlog of uns [...]
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