The value of global eCommerce payment transactions will exceed $7.5 trillion by 2026, from $4.9 trillion in 2021. This growth rate of 55% over the next five years will be driven by retailers offering compelling omnichannel retail experiences that increase…
Nigeria’s leading digital bank, Wema Bank Plc has reassured its customers and stakeholders that it has and would continue to operate with the highest level of corporate governance, following all rules, policies, and procedures. In a press statement made available…
The total value of capital imported into the country in the third quarter of last year (Q3, 2021) stood at $1.73billion, representing 97.73 per cent increase compared to the $875.62million recorded in the preceding quarter. According to the Nigerian Capital…
The Debt Management Office (DMO) has released a calendar for the issuance of bonds for the first quarter of 2022 (Q1-2022). The calendar shows that on Jan. 16, DMO will issue a N70 billion to N80 billion, four years and…
Standard Chartered Bank has said that its decision to close down some of its branches will not in any way impact staff in 2022. The bank stated this in an official statement made available to Nigerian NewsDirect and signed by…
Ecobank Nigeria in partnership with Learntor, a comprehensive Agile Digital Transformational training and consultancy company has provided intensive Digital Technology training for select youths being part of the bank’s youth development initiative. The training focused on developing capacity of the…
Access Bank plc has stated that it has no relationship with an investment seeking platform, Access Capital Investment Platform promising huge returns on investment. The tier-1 bank made this known in a disclosure filed to the Nigerian Exchange and signed…
By Seun Ibiyemi The Central Bank of Nigeria is forecasting a Gross domestic product (GDP) growth rate of 3.2% in 2022. This is according to CBN Governor Godwin Emefiele. Mr. Emefiele made this remark as part of his personal statements at…
The Board of Directors, Guinness Nigeria Plc, has appointed Mr Emmanuel Difom, as the company’s Finance and Strategy Director, effective Nov. 1, 2021. This is contained in a formal notification signed by the Company Secretary, Mr Rotimi Odusola, to the…
Nigeria’s deposit money bank loans to governments in the country reached N2.17trillion within nine-months, which represents 22.59 per cent increase as at the end of September 2021 from N1.77trillion recorded in December 2020. This represents a N400billion increase within the…
