News
Nigeria’s Foreign Debt Servicing Costs Soar to $1.81 Billion in Seven Months
Data released by the Central Bank of Nigeria (CBN) reveals that the federal government allocated a substantial $1.81 billion to service its foreign ...
Nigeria
Nigeria: CBN Imposes ₦718 Billion Debit on Banks for Missing Loan Target
The Central Bank of Nigeria (CBN) has imposed a substantial ₦718 billion debit on Deposit Money Banks (DMBs) due to their failure to ...
News
Nigeria: Wema Bank’s Hackaholics 4.0: 10 Finalists Announced, Sharing Over N50m in Cash Prizes
On Monday, ten finalists were unveiled during Wema Bank’s Hackaholics 4.0 grand finale pre-pitch competition, where they collectively secured over N50 million in ...
News
Nigeria: NDIC Disburses N1.08bn to Depositors of Failed Banks
Mr. Bello Hassan, the Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), has revealed that the organization has disbursed approximately N1.08 billion ...
Nigeria
Nigeria: NAICOM Collaborates with Federal Government to Develop Guidelines for Government Asset Insurance
Mr. Sunday Thomas, the Commissioner for Insurance and Chief Executive Officer (CEO) of the National Insurance Commission (NAICOM), has revealed that the insurance ...
News
Nigeria: VFD Group Plc Successfully Lists on the NGX Main Board
VFD Group Plc, a versatile proprietary investment company, has achieved a significant milestone by listing its shares on the Main Board of the ...
Africa
Nigeria’s Fintech sector is expected to reach 60% whilst the RegTech sector is on course to rise by 40% among all start-ups by 2026
RegTech Africa & Agpaytech has released a report on the State of Fintech and Regtech activities in Nigeria. The report indicated that in the first ...
News
Nigeria: World Bank Cautions Central Banks Against Unconventional Monetary Measures
The World Bank has issued a warning to the Central Banks of Nigeria, Ethiopia, and Uganda, advising them to refrain from adopting unconventional ...
Nigeria
Nigeria Records Remarkable Surge in Active Mobile Subscriptions, Reveals NCC
The Nigerian Communications Commission (NCC) has announced a significant milestone in the country’s mobile communication sector, with active mobile subscriptions reaching an impressive ...
News
Nigeria: Paystack Introduces Virtual Terminals for Enhanced Payment Experiences
Paystack, a fintech company based in Nigeria, is unveiling a new product called “virtual terminals,” aimed at enhancing the payment experience for both ...
