The African Development Bank (AfDB) reiterating its commitment to supporting efforts seeking to address the continent’s infrastructure needs. Moono Mupotola, AfDB’s director for NEPAD, Regional Integration...
Central Bank of Nigeria (CBN) has ordered commercial lenders to double provisions on performing loans to 2 percent to build adequate buffers against unexpected losses,...
At the 2015 Retail Congress Africa held in Cape Town recently, MasterCard addressed various issues impacting retailers across Africa. A key topic discussed was the protection...
Konga.com, Nigeria’s largest online mall, has become the first non-banking platform in the country to link shoppers and seller to the Bank Verification Number (BVN) through...
Central Bank of Nigeria (CBN) has imposed a fine of N4 billion on Skye Bank Plc for failing to render appropriate returns on accounts of some...
The Securities and Exchange Commission (SEC) and the Debt Management Office (DMO) have agreed to work in synergy for the growth and development of Nigeria’s financial...
Free chat and calling apps that keep migrant workers in contact with family members back home are transforming the money transfer business and online remittance provider...
PromoXchange, a customer-centric and a first of its kind technology solution that effectively turns a mobile phone into an account that earns and accumulates points on...
Innovectives Limited, Nigeria’s provider of secure and affordable transaction channels for the un-banked and under-banked public, has launched SmartPesa, its mobile point of sales (mPOS) terminal...
Mrs. Eme Essien Lore, country manager, IFC Nigeria, has said that International Finance Corporation’s total portfolio in Nigeria stood at 1.7 billion dollars (N334.87 billion). Lore...