News
Nigeria: Central Bank of Nigeria’s July 2022 Treasury Bills auction records 23% oversubscription
The Central Bank of Nigeria’s Treasury Bills auction for a 364-Day tenor, which sought to raise N258.5 billion from investors, recorded an oversubscription ...
News
Nigeria : Metaverse ecosystem market to hit $2t by 2030
“As more areas of our lives cross over into these virtual ecosystems, larger portions of our expenditures in media and entertainment, spend on ...
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Nigeria: Senate Invites CBN Governor over Falling Naira
Nigerian Senate at plenary resolved to invite the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, to educate and inform senators ...
Nigeria
Nigeria: Islamic Lender TAJBank Upgrades to National Banking Licence
TAJBank Limited, Nigeria’s leading non-interest bank, has secured approval for nationwide banking operations from the Central Bank of Nigeria (CBN). The bank’s Managing ...
News
Nigeria: Nigeria has the second largest market for cryptocurrencies in Africa in 2022 – Bitget report
A new cryptocurrency market report titled, “What Does the Future Hold for Crypto Exchanges,” has revealed that in terms of the cryptocurrency market size in ...
News
Nigeria: Providus Bank Retains BB+ Rating with Positive Outlook
GCR Ratings has affirmed Providus Bank Limited’s national scale long and short-term issuer ratings of BB+ (NG) and B (NG) respectively; with a ...
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Nigeria: Buhari Appoints Four Non-Executive Directors for CBN
Four personsbwere nominated by President Muhammadu Buhari for the position of Non-Executive Directors of the Board of the Central Bank of Nigeria (CBN). ...
Nigeria
Nigeria: CBN accuses MAPs, Discos of diversion of funds meant for metering Nigerians
The Central Bank of Nigeria (CBN) has moved to freeze 157 accounts of companies that are Meter Asset Providers (MAPs) for allegedly diverting ...
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Nigeria: Ecobank Nigeria Extends Remittance Services to Business Accounts Holders
Ecobank Nigeria has extended its innovative remittance services to its business account holders. This implies that Business Account holders can now receive funds ...
Nigeria
Nigeria: Orange Group Eyes Nigeria’s Technology Market, Meets NCC
Orange Group, a telecom investor and operator said it is interested in making an entry into Africa’s biggest technology market as it explores ...