The Nigerian capital market has witnessed substantial growth, driven by a successful recapitalization exercise undertaken by Nigerian banks. The Securities and Exchange Commission (SEC) has revealed that these financial institutions…
Following the expiration of a 60-day deadline on September 5, 2024, the Corporate Affairs Commission (CAC) has announced its plans to collaborate with law enforcement agencies to enforce compliance to…
The Corporate Affairs Commission (CAC) has provided a much-needed sigh of relief for Point of Sale (PoS) operators in Nigeria by extending the registration deadline by 60 days. Initially set…
In a move that has sent ripples through the Nigerian fintech sector, Carbon, a leading digital lender, has announced the discontinuation of its debit card operations, effective just two years…
CEM REPORT, BUSINESS| The Nigerian financial landscape is undergoing a significant shift with the mandatory registration of Point of Sale (PoS) agents by the Corporate Affairs Commission (CAC). This new…
CEM REPORT, FINANCE| The financial landscape is rapidly evolving, with microfinance and fintech institutions playing a critical role in expanding financial inclusion and driving economic growth. However, these sectors also…
CEM REPORT, FINANCE | The introduction of microfinance banks into the Nigerian financial sector in 2005 was with a high expectation for the purpose of catering for the underserved public,…
CEM REPORT, TECHNOLOGY | With several innovation and services introduced in recent months, as well as deployment of new technologies, MoneyMaster Payment Service Bank (MMPSB), promoted and backed by Globacom,…
CEM REPORT, FINANCE | The Nigerian financial landscape is set to witness another seismic shift as the Central Bank of Nigeria (CBN) has increased the application fee for an International…
CEM REPORT, FINANCE | In a groundbreaking move to safeguard the booming mobile money market, Nigeria is deploying a high-tech weapon against fraudsters: AI-powered Point of Sale (PoS) terminals with…