News
Nigeria: With Capacity to Boost Deposits Enhanced, Zenith Bank Leads Banking Sector With 69.9% Liquidity Ratio
With its customers deposits maintaining an upward trend, Tier-one lender, Zenith Bank Plc lead the Nigerian banking sector with 69.9 per cent liquidity ...
News
Nigeria: eNaira, BVN, TSA, NIN should give investors comfort – Buhari
The President, Major General Muhammadu Buhari (retd.), Tuesday in Riyadh, Saudi Arabia, said initiatives to drive the digital economy and fight corruption in ...
Nigeria
99.4 % of bank accounts contain less than N500,000-NDIC
The Nigeria Deposit Insurance Corporation, NDIC, said that 99.4 per cent of bank accounts contain less than N500,000 Maximum Insured Limit (MIL) of ...
Innovation
Interswitch partners with OkHi to launch Nigeria’s first digital address verification service
Quickteller customers use an OkHi address which can also be used for other personal purposes such as by delivery services. OkHi, a smart ...
Intelligence
Nigeria: UBA’s nine-month profit jumps 36% to N105bn on higher income from term loans
The bank’s gross earnings rose 7.9 per cent to N490.3 billion. United Bank for Africa (UBA), between January and September, reported N104.6 billion in ...
News
Nigeria: CBN launches eNaira, integrates 33 banks ,releases N200m for program take- off
The Central Bank of Nigeria has said it integrated 33 Banks into the eNaira platform with N500m successfully minted by the apex bank for the ...
News
Nigeria: Court unfreezes accounts blocked by CBN for cryptocurrency trading
A Federal High Court sitting in Abuja has vacated with immediate effect an interim order through which the Central Bank of Nigeria (CBN) ...
News
Nigeria: Economy improved slightly in August, says CBN
Economic activities improved slightly in August, compared to July, according to the Central Bank of Nigeria. The CBN said in a report on ...
Innovation
Nigeria: Insurance sector is in dire need of digital innovations to deepen penetration – Heirs Insurance
The Nigerian Insurance sector is in dire need of digital innovations like USSD codes, online registrations and e-claim processing among others to deepen ...
News
Central Bank Pumps N200 Billion into Healthcare Sector, Says Emefiele
Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) has said the apex bank has earmarked N200 billion to support the healthcare sector ...