Central Bank of Nigeria (CBN) has blamed panic withdrawals by bank customers for the seeming scarcity of naira notes in the country. This comes following a...
Nigerians consumed alcohol worth about N2.18 trillion in 2022, according to a report titled the {Nigerian Alcoholic Beverages Industry Report, 2022”. This represents 13.3 per cent...
National Communication Authority (NCA) of Ghana has warned people in Ghana to avoid using Starlink’s equipment or services and directed anyone involved in sales or service...
Central Bank of Nigeria (CBN), has alerted Nigerians of counterfeit naira notes in circulation amid reports of currency shortage in the country. The apex bank in...
Nigeria Inter-Bank Settlement System (NIBSS) has asked banks to delist Payment Solution Service Providers (PSSPs) Switches and Super Agents from its outward payment or transfer list....
Nigeria Deposit Insurance Corporation (NIDC), has asked depositors of 20 failed banks to come forward and claim their liquidation dividends amounting to N16.8 billion. Bello Hassan,...
IHS Holding has offered improved commercial terms to MTN Nigeria for the lease of 2,500 towers it lost to American Tower Corporation (ATC) saying the move...
Pivo, Nigerian fintech startup, has closed shop after raising some $2m from over 18 investors about one year ago. Pivo raised funds in a seed round...
Some banks with international authorisation have a capital adequacy ratio below the regulatory threshold, according to Central Bank of Nigeria (CBN). The banking regulator disclosed this...
Bosun Tijani, minister of Communications, Innovations and Digital Economy, has said that it will cost about $2bn to lay an adequate network of fibre optics cables...