News
Fidelity Bank appoints Chike-Obi as Board Chairman
Fidelity Bank has announced the appointment of Mustafa Chike-Obi as Chairman of the Board of Directors. The appointment has been approved by the ...
Nigeria
OPay Shuts Down ORide, Others in Nigeria
OPay, African Fintech startup, has announced it is suspending some of its Nigerian operations including ORide, OCar, and OExpress, excluding its payment operation, ...
Nigeria
Mobile payments in Nigeria have grown 391% in 1 year
Mobile payments in Nigeria are growing at an incredible pace according to data from the Nigerian Inter-Bank Settlement Scheme (NIBSS). Latest data shows ...
Nigeria
FX LIQUIDITY: Nigerian banks vulnerable, Moody’s warns
Global rating agency, Moody’s, has issued fresh warnings that Nigerian banks are facing foreign currency liquidity pressures of the type seen during the ...
Nigeria
NCC Announces Virtual Hackathon to Reward Covid-19 Tech-driven Solutions
Nigerian Communications Commission (NCC) has opened entry for adaptable digital solutions for addressing the impacts of pandemic and epidemic prone-diseases from technology hubs, ...
News
Nigerian entrepreneurs get £5,000 funding for innovative ideas on COVID-19
The funds were provided by the Royal Academy of Engineering project CARE (COVID Africa Rapid Entrepreneur) initiative in response to the coronavirus pandemic. ...
Nigeria
Senate summons Minister of Finance, CBN, EFCC, ICPC, others
The Senate on Wednesday summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, to brief it on measures put in place ...
Nigeria
NIRSAL MFB Closes COVID-19 Loan Application Portal – Disburses N49 Billion To Over 80,000 Households
NIRSAL Microfinance Bank has announced the closure of the Targeted Credit Facility, otherwise known as the COVID-19 Loan application. The bank made the ...
Regulatory
CBN probes forex dealers for imports regulations violation
The Central Bank of Nigeria has said it is probing some dealers for allegedly procuring foreign currencies for the purpose of importing items, ...
Nigeria
Nigeria: SEC moves to protect investors from bogus offers
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has introduced a major amendment to disclosures and information to be included in ...