News
Nigeria: 9PSB, SeerBit Partner to Provide Seamless Customer Experience
Nigeria’s pioneer and foremost Payment Service Bank, 9Payment Service Bank (9PSB) and SeerBit, a pan-African enterprise payment platform, have entered into a strategic ...
News
Nigeria: CBN says Banking Sector Credit to Government Rises 35% to N17.9tr
The Central Bank of Nigeria (CBN) said Other Financial Institutions (OFIs); comprising Microfinance Banks, Development Banks, Merchant banks, and mortgage banks’ contributing credit to the ...
Nigeria
Nigeria: DeFi company, Stakefair, secures US$670k pre-seed to launch its business
Stakefair, a Decentralized Finance (DeFi) company has launched after securing US$670,000 pre-seed funding. Investors involved in the round include Adaverse, Nestcoin, Kepple Africa Ventures, Canza ...
News
Nigeria: CBN Raises Interest Rate from 13% to 14%
The Central Bank of Nigeria (CBN), Tuesday, raised the Monetary Policy Rate (MPR) from 13 percent to 14 percent amid continued inflationary pressure occasioned by ...
News
Nigeria: Airtel Nigeria Elevates Adebimpe Ayo-Elias to Human Resources Director
Airtel Nigeria, a leading telecommunications services provider, has announced the elevation of Adebimpe Ayo-Elias as Director, Human Resources & Administration, with effect from 1st July 2022. ...
News
Nigeria: Banks borrow N595.34bn from CBN in two months
Banks borrowed N595.34bn from the Central Bank of Nigeria between January and February, data obtained by our correspondent have shown. The CBN’s monthly ...
News
Nigeria: Appeal court directs NBC to address sublicensing complaints against MultiChoice
The court of appeal sitting in Port Harcourt has asked National Broadcasting Commission (NBC) to address the sublicense requests from MultiChoice Nigeria Limited ...
News
Nigeria: MAX – Africa’s First Mobility Tech Platform Reaches 100 Million KM Milestone
Drivers using MAX have travelled the equivalent of Earth to the Moon and back over 130 times Metro Africa Xpress Inc. (“MAX”) – ...
Nigeria
Nigeria: Flutterwave shuts down virtual dollar card service
Fintech company, Flutterwave, has said it will be shutting down its virtual dollar card service also known as Barter card, effective from July ...
News
Nigeria: Stanbic IBTC Makes Key Executive Appointments
Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced the appointment of new directors to oversee the operations of various ...