Nigeria spent N2.02 trillion on debt servicing, representing 90.5 percent of the total revenue in the first six months of the year. According to the Technical...
Nigeria’s leading financial institution, Zenith Bank Plc, has introduced an Artificial Intelligence (AI) powered Chatbot on WhatsApp named ZiVA (Zenith Intelligent Virtual Assistant), which enables customers...
Stanbic IBTC Holdings Plc, one of Africa’s leading financial institutions, on Tuesday announced a slight delay in the release of its 2021 Half Year Audited Financial...
The House of Representatives Committee on Finance has resolved that it will amend the Finance Act to include levies on all carbonated and non-carbonated drinks. The...
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari “over his failure to probe allegations that N106bn of public funds are...
Agusto & Co. Limited, Nigeria’s foremost research house and rating institution recently released its flagship 2021 Banking Industry Report, which is the most current and comprehensive...
The Central bank of Nigeria (CBN) has prohibited Microfinance Banks (MFBs) from executing foreign exchange transactions, citing concerns about their financial capability to handle such. This...
NIRSAL Microfinance Bank (NMFB) has disbursed a total of N439.74 billion to 711,706 beneficiaries under the Agribusiness/Small and Medium Enterprises Investment Scheme (AGSMEIS) and the Targeted...
This month, Samsung announced its participation in a Bank of Korea project which aimed to develop a platform for a CBDC. The pilot will “research the practicalities of...
The management of Ellah Lakes Plc on Thursday announced that CBO Capital Partners LTD, a substantial shareholder in the company, divested N113.155 million from the company....
