PRESS RELEASE Valentine’s Day is a time for love, appreciation, and heartfelt gestures. As is tradition, many people took to social media to show their valentine...
Africa’s Global Bank, United Bank for Africa (UBA) Plc demonstrated its commitment to fostering peace and stability across Africa with a landmark donation of $500,000 to...
The Managing Director, PalmPay, Chika Nwosu has identified smartphone penetration, internet connectivity and innovative technologies as key factors that are crucial to increased access to mobile...
The Managing Director, PalmPay, one of Africa’s leading fintech platform, Chika Nwosu has restated the commitment of the company towards the adoption of cashless payments across...
The African Development Bank (AfDB) has signed a $700,000 Donor Contribution Agreement with United States government to develop a credit rating platform for Africa. The agreement...
The African Development Bank (AfDB) has launched and priced a new GBP 500 million 3-year Benchmark transaction due February 1st, 2028. The bond pays a coupon...
Leadway Group has donated N117 million in relief packages and cash to the Borno State flood victims in response to the floods that have devastated communities across...
By Ivo Takor, mni, Esq. INTRODUCTION On Tuesday, November 19, 2024, the Senate Committee on Establishment and Public Service conducted a public hearing on a bill...
The move by the Nigerian Police Force (NPF) to pull out of the Contributory Pension Scheme (CPS) could cause damage of up to N5 trillion to...
Nine Deposit Money Banks (DMBs) are to pay a N1.35 billion fine for failing to adequately load their Automated Teller Machines (ATMs) during the Yuletide. The Central...
After days of silence over the well-publicised $225.8 million case with the General Hydrocarbons Ltd (GHL) owned Nduka Obaigbena’s by, First Bank of Nigeria finally released...
The inflation figure for December 2024 is expected to rise further on the back of price pressure. This was revealed in the Cowry Weekly Financial Markets...
The Lagos State Internal Revenue Service (LIRS) has issued a reminder to all employers in Lagos State to fulfill their statutory obligation to file annual tax...
CBN Halts Export Proceeds Repatriation Extensions The Central Bank of Nigeria (CBN) has announced an immediate suspension of approvals for the extension of export proceeds repatriation...
China Development Bank has released a $254.76 million loan to Nigeria for a railway project linking the two northern states of Kano and Kaduna. The stated...
PalmPay, a leading Africa-focused fintech platform, has been recognized in the 2024 KPMG West Africa Banking Industry Customer Experience Survey for delivering exceptional customer experiences and...
Guaranty Trust Holding Company Plc (GTCO Plc) has successfully completed the first tranche of its equity capital raise programme, following the completion of the capital verification...