News
Nigeria: Flutterwave Denies Alleged Hacking of Payment System
“We want to reassure you that Flutterwave has not been hacked,” the company said. Flutterwave, an Africa-focused payments company, on Sunday debunked reports ...
Nigeria
Nigeria: Zenith Bank gets CBN’s approval in principle to restructure into a holding company
The Central Bank of Nigeria has granted approval in principle for Zenith Bank Plc to transition into a non-operating financial holding company structure. ...
News
Nigeria: Banks Lend N947b to Customers amid Cash Crunch
According to the Monetary Policy Committee of the Central Bank of Nigeria (CBN), Nigerian banks offered 130,854 new credits worth N974.46 billion to ...
News
Nigeria: Supreme Court Cancels Naira Redesign Policy, Okay Use of Old Notes
Market pressures expect to ease as the Supreme Court on Friday (March 3, 2023) ordered that old N200, N500, and N1,000 notes remain ...
News
Nigeria: Only 24% of Nigeria Central Bank’s Anchor Borrowers Loan Repaid – IMF
The IMF, however, said the weak effect of agricultural credit on production growth could be associated with difficulties in targeting the right recipients ...
News
Nigeria: FirstBank Reinforces Commitment to Women Empowerment
Tier-1 lender, First Bank of Nigeria says it plans to dedicate the month of March to celebrating women across the world, Mrs Folake ...
News
Nigeria: Diaspora Enrollment Exercise Increases by 563% says NIMC
According to the National Identity Management Commission, the number of Nigerians living abroad who had National Identification Numbers increased by 563.57% from 55,181 ...
News
Nigeria: 7% of Nigerian Internet Users Affected By Phishing in 2022 – Kaspersky
“Among the financial phishing attempts in Nigeria 31.1% were through websites of fake payment systems.” About seven per cent of internet users in ...
News
Nigeria: Cash shortages lead to sharp decline in business activities — Stanbic IBTC report
Stanbic IBTC Bank has stated that the February PMI data indicated that cash shortages across the Nigerian economy had negative impact on the private ...
News
Nigeria: Adaora Umeoji Retires as Zenith Bank Deputy Managing Director
The Deputy Managing Director of Zenith Bank Plc, Dr. Adaora Umeoji has retired from the financial institution following the new tenure limits for ...
