The country’s foreign-exchange controls are undermining political reforms by President Muhammadu Buhari and making Nigeria “uninvestable” for buyers who measure returns in dollars, Exotix Partners LLP...
MasterCard and Souq.com, the Middle East’s largest online retail and marketplace platform, has announced a collaboration to provide a world-class payment experience for customers. The collaboration...
Nigeria has agreed a currency swap deal with China, officials said, as it looks for ways to shore up its ailing currency and fund a record...
The Federal Inland Revenue Service (FIRS) says it is targeting a revenue of N4.9 trillion in 2016. Mr Tunde Fowler, chairman of FIRS, disclosed this on...
The World Bank on Monday lowered its 2016 sub-Saharan African growth forecast to 3.3 percent from a previous forecast of 4.4 percent in October, citing plunging...
The Sterling/Dollar unexpectedly surged during trading on Monday and this has nothing to do with an improved sentiment towards the Pound, but ongoing Dollar weakness...
A new study from Juniper Research has found that the global value of mobile and wearable contactless payments is expected to reach $95 billion annually by...
Emmanuel Okoegwale, Principal Associate, Mobilemoney Africa, has said that large number of redundant mobile money agents is a major challenge of the industry. He said...
Godwin Emefiele, governor, Central Bank of Nigeria (CBN), has assured genuine investors of cooperation and support toward self-sufficiency in local production of essential goods and the...
On Friday April 8, during the bank’s Annual General Meeting (AGM) which was held at the Eko Atlantic Hotel, Lagos, the shareholders of UBA applauded the...