Innoson CEO, Innocent Chukwuma, to be Arrested A Lagos high court on Monday issued a bench warrant for the arrest of Innocent Chukwuma, the Chief Executive...
CBN to Embark on Another Recapitalisation Program In a move to reposition Nigerian banks among global counterparts, the Central Bank of Nigeria on Monday announced it...
CBN Increases Financial Inclusion Target to 95% The Central Bank of Nigeria on Monday increased its financial inclusion target from the previous 80 percent (by 2020)...
Kenya leads Nigeria, Others in Mobile Banking Kenya has emerged Africa’s largest mobile banking leader in sub-Sharan Africa (SSA) following the publication of a survey conducted...
Nigerian Stock Exchange Sheds 0.65% Last Week Despite surged in the volume of trade, the Nigerian Stock Exchange recorded a slight decline last week. The NSE...
Oil Prices Surge as US-Iran Tensions Deepen Global oil prices surged on Monday following a comment by the U.S Secretary of State Mike Pompeo that Iran...
CBN, Banks to Build Database of Loan Defaulters In an effort to identify loan defaulters and reduce the size of bad debts in the banking sector,...
Airtel Secures N50bn Credit Facility Airtel Africa, Nigeria’s operation unit, has secured loan facility from a number of Nigerian banks. The telecommunication company said it has...
NNPC Pledges Support for Local Companies The Nigerian National Petroleum Corporation (NNPC) has promised that it would continue to support local companies, within the entire hydrocarbon...
Visa to Boost Cross-border Payments Visa has announced the commercial launch of the Visa B2B Connect network. It is expected to give financial institutions the ability...