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Firm ticks CBN boxes with AI-powered fraud detection tools

Leading international compliance and cybersecurity technology company with deep roots across Africa, Smartcomply, has disclosed that its Adhere platform, an AI-powered AML compliance and fraud detection solution, is aligned with the Baseline Standards for Automated Anti-Money Laundering Solutions issued by the Central Bank of Nigeria, CBN, on March 10, 2026. The CBN directive was contained […]

Invest Lagos summit 3.0 to boost capital flows, infrastructure devt, others, Sanwo-Olu

.As Lagos, CWEIC unveil 2026 prog By Olasunkanmi Akoni Lagos State Governor, Babajide Sanwo-Olu, has unveiled the year 2026 Invest in Lagos Summit 3.0, the state government’s flagship international investment platform, in partnership with the Commonwealth Enterprise and Investment Council, CWEIC, saying it aimed to consolidate Lagos’ role as Africa’s leading sub-national gateway for capital […]

FCMB completes N500bn recapitalisation, retains international license

FCMB Group Plc has completed the recapitalisation of its banking subsidiary, First City Monument Bank Limited, and has secured its international banking licence after obtaining all required regulatory approvals. The Group raised more than N400 billion through a series of transactions, including public equity offerings, a convertible instrument, and a minority divestment in one of its […]

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