As part of the ongoing investigations of the former Minister of Petroleum Resources, Diezani Alison-Madueke, the Economic and Financial Crimes Commission has arrested a former Managing...
The value of electronic payments in Nigeria has risen to N247.43 trillion in 11 months, according to data obtained from the Nigeria Inter-Bank Settlement System (NIBSS)....
Users of Firstmonie Wallet are in for an exciting time as they are being rewarded for their continued patronage of its services in a two-month campaign,...
The National Pension Commission (PenCom) has disclosed that as at November, 72,000 participants have been registered under the Micro Pension Plan (MPP). This was disclosed by...
The Nigeria Deposit Insurance Corporation (NDIC) says it has paid a total of N113.4 billion as insured and uninsured sums to depositors of closed banks since...
Debt failure: UBA seizes AEDC’s 60% equity The United Bank for Africa (UBA) took over 60 per cent equity of private investors in Abuja Electricity Distribution...
Ecobank Group announces retirement of Patrick Akinwuntan as MD Ecobank Group has announced the upcoming retirement of Patrick Akinwuntan, Regional Executive and Managing Director, Ecobank Nigeria....
One of the most fascinating quotes of popular British business magnate and author, Sir Richard Brandson is that “A great business is simply an idea to...
AfDB approves $35 million facility for Ecobank International affiliates The Board of Directors of the African Development Bank (AfDB) has approved a $35 million unfunded risk-sharing...
Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that in less than four weeks, the eNaira app had witnessed almost 600,000 downloads since...
By Afrinvest Research Global Macroeconomic Review & Outlook Recovery Weakens amid Resurging COVID-19 Cases The International Monetary Fund (IMF) in its January 2020 World Economic Outlook...
Sovereign Trust Insurance Plc. has released its third quarter results for the period ended September 30, 2021 and the underwriter posted double-digit growth in its key...
The Chartered Institute of Bankers of Nigeria (CIBN) has decried rising cyber-attacks on banks and other financial institutions, which it fears could undermine the industry’s gains....
The National Pension Commission (PenCom) has disclosed that Pension Fund Operators (PFOs) in the country generated a total earnings of N109.68 billion in the financial year...
State governments, private employers indicted 5.1 other accounts not properly documented The National Pension Commission has said that a total of 3.5 million retirement savings...
The former managing director of Fidelity Bank Plc, Nnamdi Okonkwo has debunked viral news that he was arrested by the Economic and Financial Crimes Commission, EFCC....
Fidelity Bank Plc has announced the introduction of a new savings campaign that will run till July 2022 and will see customers rewarded with cash prizes...
Economic experts in the country have reacted to the money and credit statistics report recently released by the Central Bank of Nigeria (CBN) which indicate significant...
Nigeria’s foreign exchange reserve sustained its decline as the Central Bank of Nigeria (CBN) stepped up its interventions in the FX market. Thus, the gross reserves...
According to news reports, Flutterwave, a digital payment platform, has acquired Disha, a content creator. This is Flutterwave’s first acquisition since it was launched in 2016....