In a remarkable milestone for the Bitcoin mining industry, businesses in this sector generated a staggering $2 billion in monthly revenue from block rewards and transaction...
Moniepoint Microfinance Bank, renowned as Nigeria’s leading financial institution catering to small and medium-sized businesses, along with their customers and employees, has introduced its latest innovation:...
Following the Easter holiday break, the foreign exchange (FX) market reopened on Tuesday with a notable surge in the value of the Naira against the US...
The naira is poised to maintain its upward trajectory against the US dollar, propelled by the recent decision of the Central Bank of Nigeria (CBN) to...
By Sodiq Adelakun A race for funding has commen-ced among commercial and merchant banks as the Central Bank of Nigeria (CBN) mandates a capitalisation surge, leaving...
The African Export-Import Bank (Afreximbank) has partnered Sterling Bank to introduce an innovative supply chain finance product ‘Payables Finance,’ in Nigeria. This is contained in a...
A substantial number of Nigerians are struggling to meet repayment obligations for loans issued under the Central Bank of Nigeria (CBN) and NIRSAL Microfinance Bank’s targeted...
…Nigeria implements key reforms to stabilise FX marke By Sodiq Adelakun Naira has continued in its upward trajectory, appreciating against the US dollar as it is...
The Central Bank of Nigeria has issued a new directive on the recapitalisation of the capital base of banks in the country raising the minimum capital...
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has raised apprehensions regarding the Central Bank of Nigeria’s decision to increase the Monetary...