Economy

The naira closed at N1,536.15/$1 on Tuesday in the official market, a 0.39% drop from the previous day’s rate of...

PalmPay and AfriGO have announced a strategic partnership. This collaboration aims to redefine the payment landscape by issuing over 5...

The naira weakened further against the US dollar as trading commenced this week due to high demand for foreign exchange....

Nigeria’s economy is so tied to foreign exchange (forex), with many businesses depending on imported raw materials, equipment, and finished...

With increasing pressure in Nigeria’s Foreign Exchange Market, the dollar-to-naira exchange fluctuated this week, settling at N1,517.24/$1 on Friday. The...

By now, you’ve heard the mantra: “Not your keys, not your coins.” It’s repeated like gospel in the crypto world...

SITA's 2024 Air Transport IT Insights report, published few days back, reveals how airlines and airports are increasing investment in cybersecurity,...

The National Arts Theatre, a known cultural hub, had suffered years of neglect before the Bankers’ Committee stepped in to...

In a significant move aimed at boosting industrial development across Africa, African Export-Import Bank (Afreximbank) signed a US$450 million global credit...

The naira continued its downward trend on Thursday, closing at N1,520 per dollar in the official foreign exchange market, a...

A report by the PSR revealed that since 2017, Visa and Mastercard have increased their fees by 25% above inflation,...

The Lagos State government has reaffirmed its focus on driving an innovation-led financial sector as part of its vision for...

The global protection gap – the difference between insured and uninsured losses across life, health, natural catastrophe and crop insurance...

Using AI technology in anti-money laundering (AML) processes has become critical for financial institutions as they work to comply with...

The naira continued its downward trend on Wednesday, closing at N1,505 per dollar in the official foreign exchange market. With...