A bill to enable Nigerian students to access loans at interest-free rates passed third reading in the House of Reps. This was disclosed in a statement by the Nigerian House of Representatives after plenary during the week. Another bill passed…
Nigeria’s Gross Domestic Product (GDP) growth slowed by 2.31 per cent in the first quarter of 2023 on a year-on-year basis. The National Bureau of Statistics (NBS) made this known the Nigerian Gross Domestic Product Report Q1 2023 released in…
Shareholders of leading financial institution, Fidelity Bank Plc, have commended the board and management of the bank for delivering an exceptional performance in FY 2022. This was made known at the bank’s 35th Annual General Meeting (AGM) held virtually on…
Standard Chartered Bank Nigeria Limited has emerged best user of Artificial Intelligence, AI, for customer experience by The Digital Banker’s judging panel. The Digital Banker recognised the Bank’s card dispute automation initiative which facilitated an improvement in turnaround time of…
President Muhammadu Buhari, has asked the Senate to approve a request to pay the judgement debt in the sum of $566,754,584.31, £98,526,012.00, and N226 billion. It was gathered that the monies were owed by the Federal Government through the issuance…
Access Bank has announced its partnership with Konga, Nigeria’s leading composite e-commerce platform, to offer installment payments to customers through Pay with QuickBucks. This innovative payment solution will enable Access Bank customers to purchase products on Konga and make payments…
African Develop ment Bank (AfDB) , yesterday, lamented the devastating effects of climate change in several poor African countries, saying the continent would require $2.7 trillion in interventions by 2030 to adapt. The development bank, which took a swipe at…
By Sodiq Adelakun Nigeria’s Central Bank Digital Currency (CBDC), eNaira, and the first to be issued in the world, is failing to live up to expectations in terms of boosting remittance and improving the informal economy. This is despite huge…
Senator representing Borno South senatorial district, Ali Ndume has vowed to sue the Federal Government over move to collect $800million loan from the World Bank despite opposition from Nigerians. Last week, Zainab Ahmed, Minister of Finance, Budget and National Planning, revealed…
The Debt Management Office has refuted the claim by a non-governmental organisation, Socio-Economic Rights and Accountability that Nigeria has defaulted in repaying its Chinese loans. SERAP in a statement lauded the judgement that ordered the present regime led by the…
