Global
Global: Italy and South Korea Central Banks Forge Partnership for CBDC Collaboration
Banca d’Italia, the central bank of Italy, announced on December 5th that it has formalized a memorandum of understanding with South Korea’s central ...
Global
Global: Hong Kong and Thailand Collaborate on New Cross-Border QR Code Payment System
Hong Kong and Thailand have joined forces to introduce a groundbreaking cross-border QR code payment system, FPS x PromptPay Link. The collaboration between ...
News
Nigeria: Former Kaduna State Governor, Nasir El-Rufai, Plans $100 Million Venture Capital Fund Launch
Nasir El-Rufai, the former governor of Kaduna State, is set to initiate a $100 million venture capital fund, marking a significant move to ...
Global
Nigeria: First Bank Names Olukorede Adenowo as CEO for FirstBank UK
FirstBank Group has announced the appointment of Olukorede Adenowo as the Managing Director/Chief Executive Officer (CEO) of FirstBank UK. The appointment, effective from ...
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Nigeria: Banking Halls Overwhelmed as Customers Rush to Link BVN/NIN Amid Cash Shortage
A surge in customer traffic engulfed banking halls on Monday as individuals sought to link their Bank Verification Numbers (BVN) and National Identity ...
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Nigeria: Naira Records 10% Surge Amidst Adequate Forex Liquidity
The official exchange rate witnessed a notable upswing in favor of the Nigerian naira on Monday, marking a significant 10% gain, as reported ...
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Nigerian Economic Society Seeks Enhanced Collaboration with CBN for Development
The Nigerian Economic Society (NES) has expressed its intention to strengthen collaboration with the Central Bank of Nigeria (CBN) in two crucial areas ...
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Nigeria: NCC Expresses Support for Meta’s 2Africa Cable Landing in Nigeria
The Nigerian Communications Commission (NCC), the regulatory authority for the telecoms industry, has affirmed its full support for Meta’s initiative to land the ...
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Nigeria Initiates Loan and Grant Disbursement for SMEs
The federal government of Nigeria has officially launched two palliative programs, namely the Presidential Conditional Grant Programme and the Presidential Palliative Loan Programme, ...
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Nigeria: Minister Highlights President Tinubu’s Fiscal Responsibility in 2024 Budget Submission
The Minister of Information and National Orientation, Alhaji Mohammed Idris, has lauded President Bola Tinubu’s commitment to fiscal responsibility, citing the recently submitted ...