News
Nigeria: CBN’s strategies to save Naira failing, says LCCI
The Lagos Chamber of Commerce and Industry has said that the Central Bank of Nigeria’s effort to save the naira is only redirecting ...
Intelligence
Nigeria: POS transactions in Nigeria hit N4.1 trillion in 8 months
The POS transactions hit its highest levels for any eight-month period, increasing by 44.8% and 108% compared to N2.81 trillion and N1.96 trillion recorded in ...
Intelligence
Nigeria’s pension fraud hits N157bn — EFCC
Economic and Financial Crimes Commission, Tuesday disclosed that the Anti-graft agency has convicted pension frauds to the tune of N157 billion. Director of ...
News
Nigeria: NGX vows to transform financial services through technology
Nigerian Exchange (NGX) has vowed to transform the financial services space through technology with a keen focus on the Nigerian capital market that ...
News
Nigeria: 180 million telephone lines linked with NIN
Over 180 million telephone lines are now linked with the National Identity Numbers (NIN), the Executive Vice Chairman of the Nigerian Communications Commission ...
Nigeria
Nigeria: CBN releases regulatory guidelines on the eNaira
The Central Bank of Nigeria has released the regulatory guideline on the eNaria. The guidelines shall apply to all financial institutions and users ...
News
Nigeria: BoI’s Disbursement to SMEs, Large Enterprises Hits Over N1 Trillion in 6 Years
The Bank of Industry (BoI) has revealed that its disbursement to Micro, Small and Medium Enterprises (SMEs) and large enterprises has reached over ...
Nigeria
Nigeria: Bitmama secures $350,000 pre-seed funding to deliver blockchain-powered payments solutions across Africa
African blockchain company, Bitmama, has closed a $350,000 pre-Seed round, led by Flori Ventures, with participation from Nigeria-based investment fund, Emergence Capital, Fedha ...
News
Nigeria: Why foreign investors prefer Ghana to Nigeria – CBN ex-deputy governor
Tunde Lemo, former Deputy Governor of the Central Bank of Nigeria, has disclosed that foreign investors prefer Ghana to Nigeria because of poor infrastructure, ...
News
Nigeria: Access Bank’s $500m Eurobond oversubscribed by 200%
Access Bank Plc announced to investors and the Nigerian Exchange Limited that it successfully priced $500m Eurobond which was over-subscribed by more than ...