The value of mobile transactions rose to N11.10 trillion in eight months, signifying a drastic change from the teller and cheque payments.
Nigerian workers can now use 25 percent of their Retirement Savings Account (RSA) as equity contribution for mortgages.
Shareholders of Starling Bank have approved its conversion from a core banking business to a holding company like GTCO, Access Bank, FBN Holding, etc.
Number of virtual card transactions will exceed 121 billion globally by 2027; increasing from 28 billion in 2022
FirstBank and Verve International has launched its third National Consumer promo designed to reward users of FirstBank verve card
First Bank of Nigeria has announced that international transactions on its naira MasterCard will be suspended, Starting from 30th, September 2022
Nigeria’s total public debt stock is now N42.84 trillion, or $103.31 billion as of June 2022
Prudential Zenith Life Insurance Limited grew profit after tax by a whopping 75% to ₦1.13 billion, up from ₦646 million recorded in 2020.
Between January and June 2022, the Nigerian government expended N12.43 billion on pipeline protection and maintenance
Total deposits in Nigerian banks rose by 24.17 percent from N33.85 trillion in June 2021 to N42.03 trillion in June 2022.
