Intelligence
Amazon Closes In On $9 Billion Deal To Buy MGM
Amazon could be getting close to a $9 billion deal to purchase Hollywood studio MGM, according to The Wall Street Journal. The agreement, ...
Intelligence
Telecoms tycoon Masiyiwa named in Britain’s rich list
Zimbabwe-born telecoms mogul Strive Masiyiwa has been named in the Sunday Times Rich List with an estimated wealth of $1.5 billion becoming the ...
Intelligence
Nigeria has the most developed real-time payments scheme in Africa – new research reveals
Of all the African countries, Nigeria has the most developed real-time payments scheme, according to a new global research from ACI Worldwide and ...
Intelligence
Central bank digital currencies may be disruptive for financial systems – Fitch
The broader adoption of general-purpose central bank digital currencies (CBDCs) will present authorities with trade-offs between risks and benefits, according to Fitch Ratings. ...
Intelligence
Nigeria’s forex utilization falls 65% to $4.98 billion in Q1 2021
Data from the Central Bank of Nigeria reveals Nigeria utilized $4.98 billion on the import of goods and services into the country in ...
Intelligence
Nigeria diaspora remittances drop by 27.7% to $16.8bn – World Bank
The World Bank has claimed that remittances by Nigerians in the Diaspora dropped by 27.7 per cent in 2020. The Bank disclosed this ...
Intelligence
E-payment transactions in Q1 2021 rise 82% to N66trn
Nigeria’s financial system has recorded further surge in the value of electronic payment (e-payment) transactions to N65.6 trillion in the first quarter of ...
Intelligence
Nigeria Records 9.17% Increase in VAT Revenue in Q1-2021
Nigerian government records a 9.17% increase in value added tax (VAT) in the first quarter of 2021 when compared with total receipts in ...
Intelligence
TOP BANKING AND FINTECH TRENDS FOR 2021
What we have seen over a period of time is that a lot of employees rely on digital means to accomplish the tasks ...
Intelligence
Galaxy set to acquire BitGo in a deal worth over $1.2 billion
Galaxy Digital has agreed to buy BitGo, the U.S.-regulated crypto custody specialist, for $1.2 billion in stock and cash. The acquisition comes as ...