Economy

The Central Bank of Nigeria (CBN), Tuesday, announced a suspension of applications for new loans, under its development finance intervention...

Tingo Mobile, a leading technology solutions companies, has announced the launch of Tingo ePOS, an innovative electronic point-of-sale system designed...

The announced figure is a notable 17.35% increase from the N1.066 trillion targeted in the 2023 budget

Allianz Commercial report identifies trends for risk managers and brokers in the Directors and Officers (D&O) insurance space Ongoing inflation,...

A recent study on the 2023 Fortune 500 reveals that these global companies amassed a colossal $2.9 trillion in profit. ...

Beta Edu, the Minister of Humanitarian Affairs, and Poverty Alleviation, has lamented poor budgetary allocation to fighting poverty in Nigeria....

In response to a recent mandate by the Nigeria Interbank Settlement System Plc (NIBSS), Nigerian banks are required to disengage...

Across Fintech- digital banking, digital payments, personal finance, lending, insurance, investment, and embedded finance, writes ADESHINA ADEWUMI. Introduction Sub Saharan...

BudgIT, a leading civic-tech organisation promoting transparency, accountability, and effective service delivery in Nigeria, has raised questions over the proposed...

Akeem Lawal, Managing Director, Payment Processing and Switching (Interswitch Purepay), has underscored the importance of collaboration among financial industry stakeholders...

The Central Bank of Nigeria (CBN) has suspended the charging of processing fees of 2 percent and 3 percent previously...

Crypto trading, while holding immense potential for financial gains, often poses a daunting challenge in risk management, particularly in the...

British International Investment announces new investment to expand cashew processing and warehousing facilities in Nigeria

CBN Considers N500bn to N1trillion as new banks’ recapitalization

The Central Bank of Nigeria (CBN) has admitted there is scarcity of naira notes in the country, even as the...