Stablecoins Could Slash Remittance Costs Below 1%
In a significant push for financial modernization, the Africa Stablecoin Network (ASN) has formally endorsed the call by Central Bank ...
Tag: SEC
Nigeria’s Capital Market Share of GDP Rises to 33% – SEC
The Securities and Exchange Commission Nigeria (SEC) says Nigeria’s capital market has expanded significantly since April 2024, with market capitalisation ...
Capital Market GDP Contribution Triples to 33%
The Nigerian capital market has experienced a historic expansion, with its contribution to the nation’s Gross Domestic Product (GDP) nearly ...
Nigeria’s Crypto Crackdown Reshapes a Billion-Dollar Market
The strategic retreat of homegrown crypto exchange Quidax from peer-to-peer (P2P) trading marks a pivotal moment in Nigeria’s fraught relationship ...
GTCO Secures Approval to Raise ₦10bn in Private Share Sale
Guaranty Trust Holding Company Plc (GTCO) has received regulatory approval to raise ₦10 billion through a private placement of its ...
FATF Exit Starts New Compliance Race
Nigeria’s Securities and Exchange Commission (SEC) has issued a firm call to action for the financial sector to strengthen and ...
Nigerian Stocks Retreat Below 150,000-Point Mark
The Nigerian equities market experienced a sharp retreat this past week, erasing significant gains as sustained sell-offs drove the benchmark ...
SEC Pushes for Digital Transformation Among Registrars, CMOs to Strengthen Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) has urged registrars and other capital market operators (CMOs) to embrace innovation and technology ...
Reps Propose Unified Regulator For Nigeria’s Fintech
In a significant move to streamline the governance of its booming digital finance sector, the Nigerian House of Representatives has ...
Nigeria’s $50-Billion Crypto Surge Reveals Gaps in Capital Market Growth
Between July 2023 and June 2024, Nigeria saw over $50 billion in cryptocurrency transactions, says Dr. Emomotimi Agama, Director-General of ...
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