Federal government plans to sell N135 billion worth of bonds in its July 12 auction, the Debt Management Office (DMO) has said. The offer circular, which...
A new study by International Data Corporation (IDC) discusses how the insurance industry’s digital mission is driven by the challenges facing existing business models from the...
Citibank has granted N500m loan to Accion Microfinance Bank as part of efforts to promote the development of the microfinance sector in Nigeria. Lola Oyeka, bank’s...
FXTM Research Analyst Lukman Otunuga comments on Asian stock movements, following rising US – China tensions over North Korea. Asian stocks concluded lower on Tuesday...
Visa Inc., the global leader in payments, and Interswitch, Africa’s leading integrated payments and transaction solutions company, have announced that they will partner to accelerate mobile...
Nigerian banks lost some N16.5 billion in 31,736 fraud cases between January 2014 and December 2016, according to Punch which quoted figures it obtained from the...
Central Bank of Nigeria (CBN) on Friday said that total credit granted by Microfinance banks to Micro Small and Medium Enterprises (MSMEs) has hit N214.32 billion...
Global digital payments will reach $3.6 trillion this year, according to a Juniper Research report titled “Strategies for Payment Providers: Opportunities, Risks & Competition 2017-2021”. It...
A global online poll conducted on the eve of the ATM’s 50th anniversary has found that consumers in all countries expressed annoyance over ATM fees. It...
Lukman Otunuga, Research Analyst at FXTM writes: It’s quite interesting how, despite several months of disappointing domestic data and ongoing recessionary woes, Nigeria remains resilient, with...