Top storyNigeria Tightens Stablecoin Regulations With Minimum Capital Requirements
Nigeria’s Central Bank has introduced new capital requirements for stablecoin issuers, mandating a minimum of 15 billion nairas (about 11.1 million USD) for companies issuing stablecoins backed by for…
Access Holdings Considers Selling Foreign Subsidiary Amid CBN Capital Rules
Access Holdings, Nigeria’s largest lender by assets, is evaluating the sale of at least one of its overseas subsidiaries to align with recent Central Bank of Nigeria (CBN) capital rules. The move come…
nitsda launches sovereign cloud for data localization
Nigeria’s National Information Technology Development Agency (NITDA) has launched a sovereign cloud initiative aimed at enhancing data localization compliance. The move follows growing regulatory pres…