News
Nigeria: CBN set for e-Naira, to own majority stake in Bitt Inc. – Emefiele
The Central Bank of Nigeria plans to own majority stake in Bitt Inc., CBN’s technical partner for digital currency, e-Naira. The CBN Governor, ...
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Nigeria: Access Bank’s oversubscribed $500 million bond may help strengthen exchange rate
Access Bank Plc has successfully launched a $500 million Unsecured Eurobond, as part of its Global Medium-Term Note Programme. The deal drew huge ...
Nigeria
Nigeria: Ride-hailing giant Didi plans to launch in Nigeria
China’s leading ride-hailing company, Didi will be launching in Nigeria soon. Founded in 2012, Didi is China’s dominant ride-hailing service, with 550 million ...
News
Nigeria: CBN Retains Interest Rate at 11.5%
The Central Bank of Nigeria says it has retained its benchmark rate at 11.5 per cent, and other key monetary policy parameters. The CBN governor, ...
News
Nigeria: DMO finalizes plan to restructure CBN’s N10trn overdrafts to govt
The Debt Management Office (DMO) is working out the process of restructuring the well over N10trillion overdrafts of the Central Bank of Nigeria (CBN) for government financing ...
Nigeria
Nigeria: Flutterwave partners with Currencycloud
Flutterwave, a US-based payment technology company, has teamed up with payment service provider, Currencycloud, in order to accelerate the launch of their payment network ...
News
Nigeria: Union Bank Appoints Aisha Abubakar as Independent Non-Executive Director
The Board of Directors, Union Bank of Nigeria Plc. (UBN) has announced the appointment of Ms Aisha Abubakar as an Independent Non-Executive Director, ...
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Nigeria: FG to review obsolete financial regulations
The Federal Government is set to conduct a comprehensive review of obsolete financial regulations that are operational in the country’s public service. According ...
Nigeria
Nigeria: 54gene closes $25 million Series B round
54gene, the health technology company advancing African genomics research for improved global health outcomes, has secured $25 million in a Series B round. The ...
News
Nigeria: CBN projects three per cent GDP growth
The Central Bank Governor, Godwin Emefiele, has said that the country’s Gross Domestic Product can rise to three per cent by the end ...