Africa Specialty Risks launches Parametric Underwriting Division Africa Specialty Risks (ASR), the pan-African focused managing general agent, announced the launch of its parametric division,...
Uber, Bolt, rideshare operators to see global revenue hit $12.4bn by 2022 After the pandemic blow that threw the global ride-sharing industry off balance in...
WhatsApp drags India to court over disclosure rules Agency Report WhatsApp has filed a lawsuit in Delhi against the Indian government seeking to block regulations...
Oil rises on bullish API inventory report The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 439,000 barrels...
Crypto miners succumb to pressure to cut energy use Bitcoin miners in North America have agreed to form the Bitcoin Mining Council to promote energy...
FG moves to tame $2.6bn annual forex outflow by telcos The federal government has shown concern to tame the annual outflow of foreign exchange...
Air transport’s contribution to GDP slumps by 11.8% Air transport’s contribution to Gross Domestic Product (GDP) for the first quarter of 2021 sunk by 11.78...
OML 118: NNPC signs deep-water agreement to unlock $10bn investments The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract partners have executed...
SEC considers sacking senior workers as staff gulp 80% cost The Securities and Exchange Commission (SEC) has said it is considering reducing its workforce...
Stocks remain depressed as 1.2% losses in GUARANTY burdens market Profit-taking continued on Tuesday in the domestic equities market, with Tier I Banking stock...
By Emmanuel Okoegwale (emmanuel@mobilemoneyafrica.com) In furtherance to enhance access to basic financial services for underserved and unbanked segments of the society, the Central Bank of Nigeria...
Nigeria set to get six fighter jets in August —Emefiele The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has disclosed that...
UBA Group appoints Caroline Anyanwu as new board member United Bank for Africa (UBA), the leading pan-African financial services institution, has announced the appointment...
Q1 2021: Cornerstone Insurance grows profit 39% to N688m despite paying N1.63bn claim Despite paying higher claims totaling N1.63 million in the first quarter...
Crypto’ll have a place in Nigeria, Emefiele promises During the 279th MPR meeting held today in Abuja, the CBN Governor, Godwin Emefiele assured Nigerians that...
MPC retains MPR at 11.5%, other parameters unchanged The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to...
CBN reviews capital base for payment firms The Central Bank of Nigeria (CBN) has set new capital requirements for payment firms in the country....
FG releases N5bn aviation bailout, N21bn balance remaining Bans 22-year old aircraft in Nigeria The Permanent Secretary, Federal Ministry of Aviation, Hassan Musa on...
Global aviation stunned by Belarus jetliner diversion By Agency Report The United Nations’ aviation agency said it was “strongly concerned” by the apparent forced landing of a...
Global green bonds hit $1.1tn, says report A report by Climate Bonds Initiative, an international non-profit organisation dedicated to climate change solutions and promoting...