Nigeria’s Payment Service Bank, 9Payment Service Bank (9PSB) and SeerBit, a Pan-African enterprise payment platform, have entered into a strategic partnership that will facilitate seamless access to financial services for individuals and businesses in Nigeria. 9PSB and SeerBit will co-create…
The African Development Bank (AfDB) Group, has said that its financial sector portfolio in Nigeria is currently valued at $1.3 billion of which the figure represents 30 per cent of the bank’s portfolio. This was made known by the Director-General,…
The Debt Management Office (DMO), says it raised N123.85 billion in its July Federal Government of Nigeria (FGN) bond auction. The DMO, which made this known in a statement, said that the three instruments auctioned were valued at N75 billion…
In a bid to modernise Nigeria’s capital markets and ensure that it is well positioned to support economic transformation driven by private sector investment, the Securities and Exchange Commission (SEC) and the African Development Bank Group (AfDB) have signed an…
Financial Expert, Okechukwu Unegbu, has urged the Central Bank of Nigeria (CBN) to ensure a complete review in all the rates in Monetary Policy Rates. Unegbu gave the advice ahead of the CBN two-day Monetary Policy Committee (MPC) meeting for…
Banks listed on the floor of the Nigerian Exchange scooped a total of N36.04 billion from account maintenance charges in the first quarter of 2022. This is according to data extracted from the quarterly financial statements of listed Commercial Banks…
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said that the Monetary Policy Committee will chart a new course for an improved monetary policy and Central Bank of Nigeria (CBN) that will provide direction for monetary policy…
Ecobank Nigeria has said its partnership with HerAbility Hub to promote girl-child education is in line with its overall strategy to support the development of the nation’s education sector. The partnership tagged Somolu school tour with the theme, ‘ Shattering…
The Naira on Friday gained against the green back at the Investors and Exporters’ window, exchanging at N430 to the dollar. The figure represented an appreciation of 1.34 per cent compared with N424. 62, which it exchanged for the dollar…
The United Bank for Africa (UBA) has officially launched a new branch in the United Arab Emirates (UAE). The Nigerian tier-1 Bank is extending its operations to the oil-rich Middle East Country with the official launch of its new branch…
