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The rise in transaction volume for direct debits suggests more Nigerians are adopting direct debit as a form of payment.
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In the hustle and bustle of everyday life, Nigerians wake up to the harsh realities of economic challenges. From the cost of living soaring...
Nigeria’s Credit Rating Gets a Boost Good news for Nigeria! The country’s economic outlook is looking brighter. Recently, Fitch Ratings, a group that decides...
Wema Bank: From Humble Beginnings to Major Player On May 2, 2024, Wema Bank, one of Nigeria’s oldest banks, turned 79 years old. It’s...
Organized labor unions in Nigeria have taken a stand against the recent increase in electricity tariffs by the federal government, opting to picket power...
The Role of the Central Bank in Nigeria’s Economy Recently, the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, shared some insights that can...
The rise in transaction volume for direct debits suggests more Nigerians are adopting direct debit as a form of payment.
12 Nigerian companies raised the fund through Commercial Paper issuances from the capital market in nine months, despite the economic downturn.
All payment service providers and stakeholders in the payments system are required to ensure strict compliance with these requirements and all other payments system...
Turnover at the I&E window has thinned significantly when compared to the first 3 months of the year and the onset of Christmas festivities...
The country is asking for financial help to overcome a crisis that could sink an extra 7 million people into poverty.
In November, Hadi Sirika, minister of aviation, had said local airlines incurred a debt of N22 billion within a period of 10 years.
Mid-tier lender FCMB Group Plc is forecasting that first-quarter earnings will fall more than 20% as rates decline.
Travel allowances are a major component of Nigeria’s dollar utilization.
Finance Minister, Zainab Ahmed had said after assessing the gains of the closure, the committee recommended to the president to reopen the borders.
The CBN has managed to hold reserves broadly stable, with a downward bias amounting to a fall of USD1.18bn over six months.