News
CBN appoints new directors
The Central Bank of Nigeria has confirmed the appointment of eight directors, including Osita Nwanisobi as the Director, Corporate Communications Department. Nwanisobi had ...
News
Nigeria: CBN directs banks to publish names, BVN of Forex defaulters
The Central Bank of Nigeria (CBN) has directed all banks to publish names of customers who try to break the rules on Forex ...
News
Nigeria: We Made N95.5bn Advance Tax Payment to Support Govt’s Revenue – MTN
Telecommunication giant, MTN Nigeria, has disclosed that it agreed to make an advance tax payment of N95.5bn between March 2021 and June, 2021, ...
Nigeria
CBN announces Bitt Inc. as Tech. Partner for its eNaira
The Central Bank of Nigeria (CBN), has announced the formal engagement of the global Fintech Company, Bitt Inc., as the Technical Partner for its digital ...
Nigeria
Nigerian B2B marketplace Sabi raises round of seed funding as it hits 150k merchant mark
Nigerian startup Sabi, a B2B marketplace serving Africa’s informal sector, has secured a seed funding round as it announces the milestone of over ...
News
Nigeria: Zenith Bank’s half-year profit rises to N117bn
Zenith Bank Plc has reported profit before tax of N117.06bn for the first half of 2021, rising by 2.67 per cent year on ...
Nigeria
CBN issues draft guidelines to Nigerian banks on e-Naira
The CBN recently sent a presentation to Nigerian banks about the eNaira project, revealing more details about its design and operational module. The ...
News
Nigeria: MTN’s MoMo Agent increased by 121,000 in H1 2021
MoMo Agent Network, operated by Y’ello Digital Financial Services, a subsidiary of MTN Nigeria, added 121,000 customers in the first half of year ...
Intelligence
NIGERIA: ECONOMY GROWS AT 5% IN Q2, HIGHEST SINCE 2014 – NBS
The Nigerian economy, which exited a recession in December 2020, grew at a real rate of 5.01 percent in the second quarter of ...
Nigeria
Fresh from funding and YC, Nigerian B2B marketplace Suplias aims to supercharge its growth
Nigerian startup Suplias, a B2B marketplace where mom and pop stores in Africa buy inventory from manufacturers using a mobile app, is targeting ...