News
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 ...
News
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 ...
News
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 ...
News
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 ...
News
Nigeria: CBN Implements New Measures to Boost Forex Supply
The recent announcement of new measures by the Central Bank of Nigeria (CBN) to enhance foreign exchange inflow into the country has sparked ...
News
Nigeria: NAICOM Collaborates with Professional Insurance Ladies Association (PILA) to Drive Industry Growth
The Commissioner for Insurance, Mr. Sunday Thomas, has called on the Professional Insurance Ladies Association (PILA) to join forces with the National Insurance ...
Africa
Africa’s External Debt Projected to Reach $1.13 Trillion in 2023, Says Adesina
Dr. Akinwumi A. Adesina, President of the African Development Bank Group, revealed that Africa’s total external debt, which stood at $1.1 trillion in ...
News
Nigeria: CBN and Bill & Melinda Gates Foundation Forge Collaboration for Financial Inclusion
The Central Bank of Nigeria (CBN) and the Bill & Melinda Gates Foundation (BMGF) have finalized plans for a collaborative effort to enhance ...
News
Nigeria: CBN Encourages Tertiary Institutions to Embrace e-Naira for Fees and Salaries
The Central Bank of Nigeria (CBN) has urged students and management of tertiary institutions in the country to embrace the use of e-Naira ...