News
Nigerian fintech of the unbanked Bankly raises $2M led by Vault
Nigeria remains a largely cash-dominated country. There are more than 100 million adult Nigerians, of which more than half have little or no ...
News
Lagos Bus Services commence deployment of contactless payment card to commuters
The Managing Director/Chief Executive Officer of Lagos Bus Services Limited (LBSL), Mr Idowu Oguntona, has announced that the company commenced deployment of the ...
Nigeria
NSE Consumer Goods index contracts by 1.46% to close at 531.97 index points
The NSE Consumer goods index retraced the previous week’s gains of 2.18%, by about 67%. The Nigerian Stock Exchange Consumer Goods Index (CGI), ...
News
BOI secures N300 million loan for creative sector – VP Osinbajo
Vice President Yemi Osinbajo announced that the Bank of Industry(BoI), has secured a N300 Million loan for Nigerian creatives, the loan is also ...
Africa
CBN plans to issue N570.4m treasury bills in Q2
The Central Bank of Nigeria (CBN) has disclosed its plan to issue treasury bills worth N570.4m in the second quarter. The CBN disclosed ...
Nigeria
N6.98 USSD flat rate will stabilise payment system, says CBN
The Central Bank of Nigeria (CBN) has said the harmonisation of all Unstructured Supplementary Service Data (USSD) fees to a single rate of ...
Nigeria
CBN launches talents, artwork and skills competition
The Central Bank of Nigeria has launched a Talents, Artworks and Skills competition for Nigerians between the ages 18 and 35 as part ...
Nigeria
Stellar Development Foundation Invests $750K in Nigeria Remittance Platform
The Stellar Development Foundation (SDF) just pumped $750,000 into Cowrie, a Nigeria-based Fintech platform facilitating crypto remittance transfers. SDF said the investment, made through ...
News
NIBSS launches NQR Code Payment system in Nigeria
Nigeria Inter-Bank Settlement System Plc (NIBSS), officially unveiled its innovative NQR payment solution; an innovative payment platform implemented in collaboration with all financial ...
News
NCC moves to resolve N42bn USSD debt
The Nigerian Communications Commission (NCC) says a meeting has been convened to resolve the N42bn Unstructured Supplementary Service Data (USSD) debt issue between ...