Nine Nigerian banks have taken significant steps toward settling their outstanding debts to telecommunication operators for Unstructured Supplementary Service Data (USSD) services, thereby ...

XTransfer, China’s leading B2B cross-border trade payment platform, has partnered strategically with Ecobank Group, a premier pan-African financial services provider, to enhance cross-border ...

The Federal Government has reaffirmed its dedication to sound fiscal management and sustainable economic development through the implementation of the revised Cash Management ...

Nigeria and Uganda have taken a significant step toward deepening their trade relationship under the African Continental Free Trade Area (AfCFTA), following the ...

Nigeria’s mobile money sector continues to expand at an unprecedented rate, with transactions reaching N71.5 trillion in 2024, according to recent data from ...

TransferGo, a leading remittance network, has introduced a new multi-currency business account designed to streamline global transactions for companies operating in the UK ...

The unfolding developments surrounding the U.S. Treasury payments system have raised serious concerns, with potential implications for financial institutions, government operations, and global ...

Nigeria is positioned as a major beneficiary of the European Union’s Global Gateway initiative, which aims to invest €150 billion in Africa’s infrastructure ...

The Federal Inland Revenue Service (FIRS) has officially commenced the implementation of the withholding tax system as part of efforts to enhance tax ...

The National Pension Commission (PenCom) has released a new circular outlining the operational requirements for Licensed Pension Fund Administrators (PFAs) regarding their branches ...