News
NIGERIANS SPENDS $13BN ON E-COMMERCE YEARLY — FG
The federal government had said that e-commerce spending in Nigeria is estimated at $13 billion annually. The Permanent Secretary in the Federal Ministry ...
News
Nigeria: Access Bank successfully launches $500 million Senior Unsecured Eurobond
Access Bank Plc has announced the successful launching of a $500 million 144A/RegS Senior Unsecured Eurobond, as part of its Global Medium-Term Note ...
Nigeria
Nigeria: Agri-Tech start-up Releaf secures $4.2 million to boost food processing in Nigeria
Agri-tech start-up, Releaf, has raised a total of $4.2 million in seed funding and grants to support the development and scaling of technology ...
News
CBN to establish Nigerian International financial Centre to attract foreign investors
The Central Bank of Nigeria (CBN) has announced that the Nigerian International Financial Centre (NIFC) will be established to act as a gateway ...
News
Nigeria: FirstBank wins Private Bank of the Year award
First Bank of Nigeria Limited, has been awarded the Private Bank of the Year 2021 by Global Finance, the voice of the global market ...
Innovation
Nigeria gets nod for 5G roll out
The Federal Government of Nigeria has approved the deployment of the 5G (Fifth Generation Network) in the country. According to a statement by ...
News
Nigeria: Fidelity Bank Reports 72.4% Increase in PBT To N20.6bn
Fidelity Bank Plc has announced a profit before tax of N20.6billion for half year ended June 31, 2021 as against the N12billion in ...
News
Nigeria: No plan to convert ‘forex’ accounts into naira — CBN
The Central Bank of Nigeria has assured members of the public that it didn’t issue a directive to convert the foreign exchange in ...
Nigeria
Nigeria: One-Click Checkout Firm OurPass Raises $1M Pre-Seed, Set To Build ‘Fast For Africa’
Nigerian tech firm, OurPass, has closed a $1m pre-seed round led by Tekedia Capital and angel investors from Fortune 500 companies. OurPass is ...
Nigeria
CBN issues guidelines for Basel III, to commence implementation in November
The Nigerian Central Bank (CBN) has set November 2021 as the deadline for banks to begin implementing Basel III criteria. The Basel III ...