The Federal Mortgage Bank of Nigeria (FMBN) says it has disbursed N394.575 billion to beneficiaries from 1992 to 2022. The Group Head, Corporate Communications (FMBN), Mr Lawal Sauri disclosed this in an interview with on Monday in Abuja. According to…
By Ogaga Ariemu All On, Solstroem have signed investment deal to finance technology platform for Carbon Credits. This was disclosed by All On Communication officer, Wisdom Chapp-Jambo on Monday in a statement made available to Nigerian NewsDirect. In his remarks,…
The share price of online e-commerce giant Jumia is up 14% in pre-market days after an online news site, Nairametrics had reported a possible acquisition bid by rival Zinnox Technologies, owners of Konga. Shares of Jumia fell 11.32% on Wednesday…
Digital payments company, Interswitch has secured a $110 million in joint investment from LeapFrog Investments and Tana Africa Capital to scale its digital payment services across Africa. The two investors confirmed this in a statement. Interswitch Group CEO, Mitchell Elegbe,…
The Management of FBN Holdings, owners of First Bank, has confirmed it will release its audited results for the year ended December 2021 on or before the end of May 2022. FBN Holding is yet to release its 2021 audited…
Following Central African Republic’s recognition of Bitcoin as a legal tender without consulting its regional monetary authority, the Central African bank is cracking down on Bitcoin transactions. The Bank of Central African States, which already does not recognize cryptocurrencies, is…
The Naira on Thursday depreciated further at the Investors and Exporters window, exchanging at N420 to the dollar, a 0.30 per cent depreciation, weaker than N418.75 traded on Wednesday. The open indicative rate closed at N416.50 to the dollar on…
The Institute of Chartered Accountants of Nigeria (ICAN) Ojo, Badagry, Agbara (OBA) District Society on Thursday mentored not less than 500 teenagers in secondary schools within the Badagry axis of Lagos on how they could become successful chartered accountants. The…
The Association of Bureaux De Change Operators of Nigeria (ABCON) has developed a roadmap campaign plan needed to save the naira from further decline and enhance exchange rate stability. The ABCON National Executive Council said the move to save the…
The Federal Inland Revenue Service (FIRS) has reached out to other African countries to collaborate with it to effectively tax digital businesses. Executive Chairman (FIRS) Muhammad Nami, made the call at a Technical Assistance Programme organised by African Tax Administrators’…
