Economy

Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key sales target with President Donald Trump’s...

The Central Bank of Nigeria (CBN) disclosed that lenders, including commercial banks and other financial institutions, recorded higher default rates...

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced the opening of its ₦148.7 billion Rights Issue....

Positive social impact is often only associated with governments or NGOs, organisations which are doing good without the motivation of...

In terms of transaction volume, there was an 8% year-on-year increase, with 1.5 billion PoS transactions recorded in 2024 compared...

Africa’s Payment Trends and 2025 Outlook

Highlights The UK’s Minister of State for Development, Anneliese Dodds, announced up to £100 million for MOBILIST, the UK’s flagship...

Nigeria is a cash-driven economy. Yet, today, when cash is needed, the default option isn’t the bank’s ATM but the...

The number of active bank accounts in Nigeria has increased to 311.65 million, as of December 2024. The rise in...

The Lagos State Internal Revenue Service (LIRS) has reiterated that the provision of Free West African Examinations Council, WAEC registration...

Even more concerning, Nigeria ended 2024 with 164.9 million active telecom subscribers—down from 224.7 million the year before

The nascent growth in the Nigerian private sector seen at the end of 2024 was sustained into the first month...

The Nigeria Police Force once again reiterates the enforcement of the Mandatory Third (3rd) Party Insurance which will commence on...

Everyone is looking forward to 2025 for different reasons. For some, this is the year to finally get their crypto...

The company recorded a 4% rise in overall revenue, reaching $124.3 billion, while net income climbed to $36.33 billion, a...