European digital money transfer service, has announced a strategic partnership with leading African payments business, Interswitch Group, to further enable instant money transfers from 23 countries...
By Lukman Otunuga, Research Analyst at FXTM, The Nigerian Naira maintained stability against the Dollar on Thursday despite growing expectations over higher US interest rates...
Central Bank of Nigeria (CBN) has imposed heavy sanctions totalling N5.87 billion on four banks under its regulatory purview and asked same to refund $8,134,312,397.63 for...
Visa, the global leader in payments, said it will launch the Cashless Lagos Hackathon in partnership with Lagos Innovates, an initiative of the Lagos State Employment...
By Lukman Otunuga, Research Analyst at FXTM Confidence over the health of the largest economy in Africa was dealt a blow after economic growth decelerated in...
Chief Obafemi Awolowo coined the term Naira- Nigeria’s currency when he was the Federal Commissioner for Finance between 1967 and 1971, according to Tokunbo Awolowo, the...
UBA has launched a new savings promo, UBA Wise Savers Promo. The promo which is scheduled to run till September 30, 2019, will give 80 people...
Paystack, a Nigeria-based startup providing payments tools to businesses in Africa, has raised $8 million in Series A funding. The round was led by Stripe, and...
Some 7 deposit money banks (DMBs) have reportedly raked in a total of N244.15 billion as fees and commission income in the first six months of...
Chuks Dibiaezue, a lawyer who allegedly forged mortgage loan agreement on behalf of the First Bank PLC has been arrested by operatives of the Nigeria Police,...