Board of Directors of the African Development Bank (AfDB) has approved a financial package consisting of $20 million in additional equity and a $50-million line of...
Central Bank of Nigeria (CBN) has banned the importation of all foreign currencies except with approval. This is coming on the heels of the apex bank’s...
Interswitch, a leading pan-African integrated payment company, in conjunction with Verve International, the payment card solutions division of Interswitch Transnational Holdings, has launched a new ‘Remember...
Abia, Anambra, Kano, Ogun and Rivers, as well as the Federal Capital Territory (FCT) will begin the implementation of the cashless policy charges from today (October...
By end of Q4, 2013 Nigeria’s gross domestic product (GDP) ranking would have surpassed South Africa’s and making the oil rich West African nation the largest...
ForexTime in its weekly report released on Monday said that the US proclaimed mixed economic news during the course of last week, some areas of the...
Nigerian Deposit Insurance Corporation (NDIC) has said chieftains of failed Micro Finance Banks (MFB) whose cases had been fully investigated and those found to have violated...
Agada Apochi, managing director, Unified Payments, has urged federal government to consider granting tax relieve to consumers to encourage the use of electronic card for payments...
FCMB Group has reaffirmed its commitment towards providing the necessary support to ensure the successful implementation of the ongoing reforms in Nigeria’s power sector. This, it...
Central Bank of Nigeria (CBN) said it will start applying charges on withdrawals and deposits above N500,000 for individuals and N2 million for corporate bodies from...