Emomotimi Agama, director general, Securities and Exchange Commission (SEC), has disclosed that over $50 billion worth of cryptocurrency transactions flowed through Nigeria between July 2023 and...
Lidya, a digital lending company based in Nigeria, has ceased operations in the country, after nine years in business, citing severe financial distress. “Despite best efforts...
Polaris Bank has reaffirmed its commitment to the growth of Small and Medium Enterprises (SMEs) in Nigeria with the commissioning of EveryDay Supermarket’s new branch in...
FirstBank of Nigeria has announced the integration of the Pan-African Payment and Settlement System (PAPSS) into its digital banking platform, the LIT App, enabling customers to...
Smartcash Payment Service Bank (Smartcash PSB), a subsidiary of Airtel Nigeria, has announced Zero-Charges, a total removal of transaction fees across all interbank transfers, bill payments,...
Changpeng Zhao, founder of the world’s largest cryptocurrency exchange Binance, has been pardoned by US President Donald Trump. Zhao, also known as “CZ”, was sentenced to...
Auwal Musa Rafsanjani, executive director, Civil Society Legislative Advocacy Centre (CISLAC) and head of Transparency International Nigeria, has highlighted Nigeria’s escalating debt as reckless and unsustainable....
Group Chairman, United Bank for Africa (UBA) Plc, and Heirs Holdings Limited, Tony Elumelu, CFR has challenged African policymakers to create environments that reward enterprise and...
Securities and Exchange Commission (SEC) has issued a warning to the public about a cryptocurrency called Shalom Coin (SHLM), which is being advertised as a potential...
By Blaise Udunze For over a decade, the Nigerian government and its financial institutions have launched a flurry of intervention funds, all with the promise to...