PalmPay, one of Nigeria digital banks processes over 300 million volume of transactions every month worth N6trillion. Chika Nwosu, managing direction, PalmPay stated this at the...
The Ministry of Arts, Culture, and Creative Economy has successfully secured a $200 million investment from the African Export-Import Bank (Afreximbank) to enhance Nigeria’s creative industry....
The National Insurance Commission (NAICOM), has highlighted five strategies it will adopt to achieve insurance accessibility and penetration across the country. The commission said these strategies...
The Bank of Industry has emphasised that Nigeria must enhance its production capacity to achieve a one trillion-dollar economy by 2026. Isa Omagu, the Divisional Head...
Africa’s Global Bank, United Bank for Africa (UBA) Plc has released its audited financial results for the half year ended June 30, 2024, showing impressive performance...
Nigeria Deposit Insurance Corporation (NDIC) has announced the adoption of the Nigeria Inter-Bank Settlement System (NIBSS) for payment of insured depositors of the defunct Heritage Bank,...
Securities and Exchange Commission (SEC) has warned individuals and entities engaged in illegal fund management activities, cautioning them to desist immediately or face severe legal consequences....
Nigeria’s leading digital retail commercial bank, Polaris Bank was adjudged at the weekend as Nigeria’s topmost bank in lending to the Micro, Small and Medium Enterprises...
Itana, Nigeria’s first licensed digital economic zone management company, and Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, have agreed to jointly develop the...
Mr Bello Hassan, managing director/CEO, Nigeria Deposit Insurance Corporation (NDIC), has said that the use of Bank Verification Numbers (BVN) facilitated the successful reimbursement of 84.98...