The Central Bank of Nigeria’s ambition to transform its payment ecosystem through biometric-driven and “invisible” transactions may redefine how millions of citizens pay for goods and services, but th...
Nigeria’s headline inflation rate has gone up again, the third consecutive month, in May 2026, hitting 15.93 percent The National Bureau of Statistics, NBS, announced the increase in its latest consum...
FirstBank Nigeria yesterday announced that FirstAdvance, its flagship salary backed digital loan product, has hit a milestone of N1 billion daily disbursement. The bank, in a statement, said that the ...
The Central Bank of Nigeria, CBN, has directed banks, fintechs and other operators in the payments ecosystem to store all payment transaction data generated in Nigeria within the country, while also i...
Foreign investors channelled $3.23bn into Nigerian bonds in the first quarter of 2026, highlighting a strong appetite for the country’s fixed-income securities amid elevated interest rates and improvi...
Ecobank Nigeria has reiterated its commitment to driving the growth of Small and Medium Enterprises and promoting local industries as the fifth edition of the Ecobank Adire Lagos Experience concluded ...
The Chartered Institute of Personnel Management of Nigeria has warned that the rapid and unregulated adoption of artificial intelligence across workplaces, academia, and government could create ethica...
Quest Merchant Bank Limited has strengthened its market position following GCR Ratings’ affirmation of the bank’s national scale issuer ratings of BBB(NG) and A3(NG), alongside an outlook revision to ...
Africa can unlock more than $469bn in additional annual revenue without raising statutory tax rates, according to the African Development Bank. Chief Economist and Vice President for Economic Governan...
he International Finance Corporation and Standard Chartered Bank have launched a $300m risk-sharing facility to expand access to supply chain finance for businesses across eight African countries, inc...
