News
Nigeria: NCC awards N20m grant to four startups
The Nigerian Communications Commission has awarded N20 million grant to four Nigerian tech startups. This is in furtherance of its commitment to encourage ...
Nigeria
IdentityPass secures $360,000 Pre seed Funding to change digital identity verification experience across Africa
Identitypass, a Nigerian digital compliance and security company, which delivers seamless identity verification solutions to businesses in Africa has today secured $360,000 in ...
Nigeria
Nigeria: CBN Caps Loan at N5bn in New ‘100 for 100’ Policy
The Central Bank of Nigeria (CBN) has set a maximum threshold of N5 billion to be accessed by an obligor under its new ...
Innovation
Nigeria: First Bank Unveils Fully Automated Self Service Branch
First Bank of Nigeria Limited, has announced the launch of its fully automated branch, called the FirstBank Digital Experience Centre. The bank in ...
News
Nigerian Telecom Regulator to Generate N632bn Revenue
Telecommunication regulator, the Nigerian Communications Commission (NCC) says it is targeting revenue of N632.39 billion for the 2022 fiscal year. Executive Vice Chairman ...
News
Nigeria: Lack of regulation affecting cryptocurrency probe, says EFCC
The Economic and Financial Crimes Commission has said lack of regulation of the operation of cryptocurrency is a major challenge inhibiting its investigations. ...
Intelligence
Nigeria’s private sector borrowing hits record high of N33.8 trillion
Nigeria’s credit to the private sector ballooned to another all-time high of N33.8 trillion as of September 2021. This is according to data ...
News
Nigeria: Court sentences ex-Pension boss, Maina to 8 years in prison for money laundering
The Federal High Court sitting in Abuja, on Monday, convicted and sentenced the former Chairman of the defunct Pension Reform Task Team, PRTT, ...
News
Nigeria: UBA to terminate $500 million Eurobond early ahead of fresh debt offering
United Bank for Africa (UBA) will invite interests from holders of its $500 million Eurobond due for maturity in 2022 for redemption ahead of ...
News
Nigeria: CBN says foreign currency deposit by banks reduced significantly in 2020
The Central Bank of Nigeria (CBN) stated that it recorded a significant reduction in foreign exchange deposits by Deposit Money Banks (DMBs) due ...