Digitally driven financial institution VFD Microfinance Bank has returned to the path of profitability in the 2024 financial year as it recorded N366.6m profit after tax from the N333m loss it had suf...
The Chief Executive Officer of Sterling Bank, Abubakar Suleiman, has urged more lenders in the country to join in the cancellation of bank transfer fees to improve the banking experience for Nigerians...
Global financial services firm, JP Morgan Chase, yesterday, warned that the substantial decline in oil prices below its break-even of $60 per barrel, will push Nigeria’s current account balance into d...
About 783 mobile operators in over 200 countries are on the journey to complete the deployment of the fifth-generation (5G) network.This comes as 326 5G networks have gone live across the globe, accor...
Global oil prices tumbled to their lowest in more than four years on Wednesday as fears over weakening demand and a supply excess deepened, driven by a renewed trade standoff between the United States...
President Bola Tinubu, yesterday hailed Afreximbank’s role in shaping Africa’s trade landscape, and commitment to breaking down barriers, bridging financing gaps as well as empowering African business...
FairMoney, the Nigerian consumer-focused lending fintech, grew its gross revenue by 62% to ₦121.9 billion in 2024, as it relied on customer deposits for lending operations, according to its unaud...
Senior Vice President for Research, Labs, Technology & Society at Google, James Manyika, has highlighted key areas where Artificial Intelligence (AI) could benefit Africans in today’s world of dig...
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has said that Nigeria’s gas development objective was gaining traction with more private sector investment in the sector. The minis...
The Dangote Refinery has notified marketers and customers of a reduction in its the price of Premium Motor Spirit (PMS) popularly called petrol at the point of loading from the refinery’s ga...