Economy

The upgrades are as a result of an improvement in the Group’s credit risk and liquidity risk management.

The rise in deficit spending was driven by 20.5 per cent increase in expenditure which moderated the impact of a...

The naira appreciation followed a moderation in dollar demand at the official foreign exchange (FX) market.

Leading fintech platform launches second operations in West Africa,  expanding its reach to underbanked customers on the continent

Stanbic IBTC Holdings PLC was recently recognised as ‘Bank of the Year in Nigeria’ by The Banker magazine, a publication...

In a significant milestone demonstrating the benefits of digital currency transactions, SC Ventures by Standard Chartered Bank and Giesecke+Devrient (G+D) have completed a...

The crypto market is witnessing its best performance since April 2022, with Bitcoin crossing the $41,000 mark. According to experts,...

…as trade surplus hits N1.9 trillion

Scarcity of the naira currencies has persisted in the commercial banks in Nigeria. This despite the Central Bank of Nigeria...

Agency banking is a strategic approach used by financial institutions to expand their reach and provide essential banking services to...

The Central Bank of Nigeria (CBN) has announced it will freeze accounts without a Bank Verification Number (BVN) or National...

At 48.0 in November, down from 49.1 in October, the headline PMI remained below the 50.0 no-change mark for the...

Writer: IKE ANISON, Country Director, Ghana/Liberia/Gambia at Onafriq

The Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has called on the federal government...

The Information and Communications Technology (ICT) sector added 15.97 per cent growth to Nigeria’s real Gross Domestic Product (GDP) in...