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....
The Central Bank of Nigeria (CBN) has reported that there was N2.907 trillion currency in circulation in Nigeria as at end-December 2020. This was disclosed in...
MTN Nigeria and Airtel Africa Plc have received approval in principle to operate payment service bank (PSB) in the country. The two leading telcos disclosed in...
Data from the CBN show that gross official reserves rose by USD5bn (13.7% m/m), to hit USD41.8bn last month, its highest point since October ’19. This...
Heritage Bank Plc has launched Octiplus App, a robust innovative and advanced digital banking experience, “Octiplus”. Octiplus is a bank-agnostic, all-in-one digital banking application, which grants...
First Bank of Nigeria Limited created FirstSME Account to add to its SME product family in support of small and medium scale business owners by sustaining...
Financial Inclusion in Nigeria has been further threatened Nigerian banks closed 234 branches and 649 Automated Teller Machines (ATMs) in 2020. The International Monetary Fund (IMF)...
By CSL Analysts The need for improved lending to the private sector amid the pandemic-induced economic shocks on many sectors of the economy cannot be...