
Dr Kashifu Inuwa Abdullahi, director-general, National Information Technology Development Agency (NITDA), has said that the rationale behind the release of 225 million naira by the Federal...

Central Bank of Nigeria (CBN) has blamed panic withdrawals by bank customers for the seeming scarcity of naira notes in the country. This comes following a...

Fidelity Bank, leading financial institution, has been listed as one of most capitalized banks in Nigeria based on Q3 2023 financial results. According to an article...

Nigerians consumed alcohol worth about N2.18 trillion in 2022, according to a report titled the {Nigerian Alcoholic Beverages Industry Report, 2022”. This represents 13.3 per cent...

Central Bank of Nigeria (CBN), has alerted Nigerians of counterfeit naira notes in circulation amid reports of currency shortage in the country. The apex bank in...

International Air Transport Association (IATA) has warned the Central Bank of Nigeria that some foreign airlines may be forced to quit the Nigerian aviation market if...

Nigeria Inter-Bank Settlement System (NIBSS) has asked banks to delist Payment Solution Service Providers (PSSPs) Switches and Super Agents from its outward payment or transfer list....

Pivo, Nigerian fintech startup, has closed shop after raising some $2m from over 18 investors about one year ago. Pivo raised funds in a seed round...

Procter & Gamble (P&G), American multinational consumer goods, has said that it has plans to transition from local production to solely importing its products as the...

Federal Government has hinted of plans to cancel most of the licences granted to marginal oil field operators which have remained non-operational. Gbenga Komolafe, chief...