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...
By FBNQuest Research According to the most recent data provided by the CBN’s Quarterly Statistical Bulletin (QSB), the total utilisation of foreign exchange (FX) by various...
Disengaged staff members of the Central Bank of Nigeria (CBN), who were laid off in a mass redundancy last year, are currently seeking redress at the...
Trading in FBN Holdings (FBN) Plc’s N149.575 billion rights issue will close on Monday, December 30. The Holding Company had earlièr notified the investing public that...
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have issued a directive requiring Deposit Money Banks (DMBs) to settle the protracted ₦250...
External Reserves data released by the Central Bank of Nigeria (CBN) shows that Nigeria’s gross official reserves rose by $446.9 million to $40.2 billion in November...
PalmPay, a leading fintech company in Nigeria, has reiterated its commitment to combating financial fraud through cutting-edge technology. This was emphasized during a high-level courtesy visit...