SEC cracks down on unregistered digital platforms
SEC cracks down on unregistered digital platforms The Securities and Exchange Commission has officially launched its inaugural Regulator/FinTech Clinic, signalling a proactive step towards strengthening dialogue with Nigeria’s rapidly growing financial technology ecosystem. The event, held on Tuesday, aims to... Read More →
Profit-taking drags NGX lower, market cap sheds N725bn
Profit-taking drags NGX lower, market cap sheds N725bn The Nigerian Exchange Limited retreated into negative territory on Tuesday, as profit-taking in blue-chip equities erased gains from the Monday trading session. Investors adopted a cautious stance, opting to lock in profits... Read More →
CBN extends anti-money laundering compliance deadline for banks
CBN extends anti-money laundering compliance deadline for banks The Central Bank of Nigeria has given Deposit Money Banks 18 months to fully comply with its new baseline standards for automated anti-money laundering solutions, while other financial institutions have 24 months... Read More →