Leading banks in Nigeria have reported a significant rise in income from fees they charge customers for use of their various electronic banking services, principally, transaction...
International Rating Agency, Standard and Poor’s (S&P) assigned its ‘B’ long term and ‘B’ short term global scale counterparty credit ratings to the United Bank for...
Akinwumi Adesina, African Development Bank President has said that Africa-India trade rose five-fold in the last decade and is forecast to double – to US $100...
Nigeria’s overnight lending rate dropped to 26 percent on Friday from 65 percent a day earlier after the central bank refunded excess naira offered in an...
Verve International, Africa’s payment card brand has announced a special offer for all PayPorte shoppers using Verve cards. The offer of N1000 discount on all purchases...
Global card purchase volume for goods and services (excluding cash advances on credit cards and cash withdrawals on debit cards), grew 5.8 percent to $20.606 trillion...
FXTM Research Analyst Lukman Otunuga comments on the Dollar, Sterling and U.S Shale. Global stocks displayed subtle signs of stability during Friday’s trading session as investors...
The Federal Government has appealed to the Islamic Development Bank (IsDB) to help fund the current administration’s Economic Recovery and Growth Plan (ERGP). Of particular interest...
FXTM Research Analyst Lukman Otunuga comments on Gold amidst Trump uncertainty. Gold swiftly regained its safe haven lustre on Wednesday after wave upon wave of uncertainty...
Central Bank of Nigeria (CBN) has capped the fees charged by the banks on transaction alerts to N4 per SMS. The apex bank also restricted alerts...