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...
A US judge upheld her decision to reject Elon Musk’s massive $55.8 billion compensation package at Tesla, denying an attempt to restore the pay deal through...
African Development Bank Group (AfDB) has approved a €200 million partial credit guarantee (PCG) to back Togo’s first sustainable financing initiative. he funding will enable Togo...
The newly redesigned website of the Central Bank of Nigeria has gone live today, Monday December 2, 2024 with many pages on the site failing to...
The Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, has the real sector of the economy is undergoing...
To commemorate the upcoming International Anti-Fraud Awareness Week, PalmPay, a leading financial institution in Nigeria, is launching a series of community-focused initiatives to educate the public...
The Federal Government has released has said payment of N66 billion pension arrears will commence next week. The money is part of the N88 billion budgeted...
The Debt Management Office (DMO) has announced that the federal government’s domestic debt stock reached N66.957 trillion by the first half of 2024, representing an 8.74%...
Taiwo Oyedele, the Chairman of the Presidential Fiscal Policy and Tax Reform Committee, has disclosed that the committee has put forward a proposal for tax relief...
A boost of $326.64 million that lifted Nigeria’s foreign reserves to $39.77 billion failed to pacify further depreciation of the naira at the official market last...
PalmPay, Nigeria’s leading fintech platform, was awarded the Most Outstanding Fintech Driving Financial Inclusion at the prestigious BrandCom Awards 2024, held on October 26th. The award,...
Trade deals between Nigeria and the United State has maintained an equilibrium as the annual trade value between the two countries hit $10 billion equivalent to...
In recognition of outstanding leadership and innovation, Dr. Olufemi Bakre, Managing Director and Chief Executive Officer of Parallex Bank Limited, has been honoured as the “Most...
PalmPay, an African-focused fintech company, has underscored the need for founders within the fintech ecosystem to boost investors’ confidence to drive more investment across the continent,...
According to the report by Expert Market Research (EMR), the global mobile banking market is projected to grow at a CAGR of 13.4% between 2024 and...
Taxes paid by Nigerians involved in the wholesale and retail trade, as well as the repair of motor vehicles and motorcycles, surged by 49% in the...
Heirs Insurance Group(HIG), comprising of Heirs Life Assurance (HLA), Heirs General Insurance (HGI) and Heirs Insurance Brokers (HIB), recorded a 59.30% increase in Gross Written Premium...
The Central Bank of Nigeria (CBN) will implement electronic foreign exchange matching systems (EFEMs) for foreign exchange transactions in the Nigerian foreign exchange market on December...