But the growth comes with a price, where massive spending on research and development is driving heavy losses.
Read moreDetailsWith the pilot, banks, remittance firms, and fintechs can use stablecoins such as USDC or PYUSD to pre-fund accounts.
Read moreDetailsThe Nigerian Exchange Group (NGX Group) recently led a high-level virtual dialogue to break down the Capital Gains Tax (CGT)...
Read moreDetailsThe Federal Inland Revenue Service (FIRS) has confirmed that under Nigeria’s sweeping tax reforms, food, education, agriculture, and shared transportation...
Read moreDetailsThe Nigerian stock market recorded a strong rise in weekly turnover last week, as investors traded 7.684 billion shares worth...
Read moreDetailsThe Securities and Exchange Commission (SEC) has issued a sharp warning to Nigerian investors amid rising concerns about investment scams...
Read moreDetailsThe National Pension Commission (PenCom) has mandated that all Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs) must meet...
Read moreDetailsShareholders of Unity Bank Plc have approved the proposed merger with Providus Bank Limited, marking a major milestone in the...
Read moreDetailsIn a vibrant celebration of customer loyalty and financial discipline, Stanbic IBTC Bank has unveiled the winners of its August...
Read moreDetailsThe naira held its ground in the black market on Thursday, closing at N1,490/$1, maintaining its previous day rate. This...
Read moreDetailsQuick Read: The initiative will deploy innovative financing to off-grid solar companies serving households and businesses across 17 frontier economies...
Read moreDetailsPayPal Holdings Plc has invested $100 million to drive innovation, support entrepreneurs, and enhance inclusive growth across Africa and the...
Read moreDetailsQuick Read: Over 4.5 million African immigrants in the U.S. face barriers to basic banking. Remittances to Nigeria alone hit...
Read moreDetailsFirstBank, a leading financial inclusion service provider in West Africa, is set to introduce tailored financial services for blind, partially...
Read moreDetailsIf you run a school, a clinic, a co-operative, or a service business in Nigeria, you know the pattern. You...
Read moreDetails