News
Nigeria: World Bank Highlights Inadequate Digital Infrastructure in Nigeria for Cashless Economy
The World Bank has emphasized that Nigeria’s digital and financial infrastructure is insufficient to support a smooth transition to a cashless economy. This ...
News
Nigeria: Sterling Bank Collaborates with SMEDAN to Establish SME Database
Sterling Bank has entered into an agreement with the Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) to create a comprehensive database ...
News
Nigeria: UBA Introduces UBA Braille Account Opening Form, Pioneering Financial Inclusivity for the Visually Impaired
United Bank for Africa (UBA), Africa’s Global Bank, has launched the UBA Braille Account Opening Form, a groundbreaking initiative in the Nigerian and ...
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Nigeria: CBN Implements New Limits on Contactless Transactions
The Central Bank of Nigeria (CBN) has introduced guidelines that impose limits on contactless payments in the country, according to two circulars issued ...
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Nigeria: ICPC Raises Concerns About Corruption in Many World Bank Grants
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has revealed that numerous grants from the World Bank are tainted by corruption. ...
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Nigeria: Taj Bank and Mercy Corps Collaborate to Reduce Financial Exclusion in North East Nigeria
Taj Bank and Mercy Corps have joined forces by signing a Memorandum of Understanding (MoU) to combat the prevalent issue of financial exclusion ...
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Nigerian Government Commits to Accelerating Access to Low-Interest Loans for MSMEs
In observance of the 2023 World Micro, Small and Medium Enterprises Day, Vice President Kashim Shettima has announced the Federal Government’s determination to ...
Nigeria
Nigeria: Google Fund Supports 60 Nigerian Startups with $11 Million
Since its inception in 2021, the Google Black Founders Fund has provided support to 60 Nigerian startups. The fund has now reached a ...
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Nigeria: EMURGO Africa Highlights eNaira’s Potential to Reduce Payment System Costs
According to EMURGO Africa, the introduction of eNaira has the potential to offer affordable payment solutions to consumers and businesses, thereby enhancing financial ...
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Nigeria: Market Valuation of Nigeria’s Top Banks Surges to N3.5 Trillion
The combined market valuation of Nigeria’s leading five banks has experienced a significant surge, reaching approximately N3.5 trillion. This increase is attributed to ...
