Economy
Contactless Technology Will Transform Payments in Nigeria
Writer: ANDREW UABOI, Vice President & Head, Visa West Africa: Definition by Visa Contactless payments are the catalyst for the...
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Insurers Risk Profit Decline by Maintaining Reinsurance Levels without Premium Increase – Report
By; OLIVIA NNOROM DBRS Morningstar, global credit rating agency, has issued a warning that insurance companies worldwide may witness a...
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Concerns Mount over Exclusion of Manufacturers from World Bank-Funded Meter Project
The Manufacturers Association of Nigeria (MAN) has voiced its apprehension regarding the potential displacement of local meter manufacturers and assemblers...
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Interswitch Group’s Mitchell Elegbe Named alongside Mastercard, Visa and PayPal CEOs as 2023 Top Fintech CEOs
The Financial Technology Report, a global media authority in the fintech industry, has recognized Mitchell Elegbe, the Interswitch Group Founder...
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CBN Lowers Cash Reserve Ratio for Merchant Banks
The Central Bank of Nigeria (CBN) announced on Friday that it has reduced the Cash Reserve Ratio (CRR) for merchant...
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Stanbic IBTC to Appeal Tribunal’s Judgement, N120m Fine Over Customer’s Failed Transaction
Stanbic IBTC Bank has responded to the recent judgment by the Competition and Consumer Protection (CCP) tribunal which fined the...
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Seven Crypto Exchanges that Prioritise Decentralisation as Against KYC
By; OLIVIA NNOROM In the past, one of the primary advantages of blockchain technology and cryptocurrencies was their decentralised (DEXs)...
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Wema Bank Lifts Suspension on International Transactions for Naira Cards
Wema Bank, a prominent commercial bank in Nigeria, has announced the removal of the suspension on international transactions conducted using...
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DisCos File Application for Electricity Tariffs Review with NERC
Eleven electricity distribution companies (DisCos) in Nigeria have recently submitted applications for a review of electricity tariffs to the Nigerian...
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Cassava Network Quarterly Project Report – 2nd Quarter of 2023
Dear Partners, investors and community members, The second quarter for 2023 has ended, and we are excited to share our...
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Access Bank Expands with Acquisition of Angolan Bank
Access Bank, a subsidiary of Access Holdings, has recently made a strategic move to further dominate the African banking space...
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Manufacturing: Nigeria Should Never Be Economically Stagnant
Nigeria's economy has been on a sluggish move with the manufacturing industry facing significant hurdles due to the lack of...
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Visa Launches Africa Fintech Accelerator Program to Drive Start-up Growth
Visa, the global payment technology company, has unveiled the Africa Fintech Accelerator program, aimed at empowering African start-ups by providing...
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N500b Palliative for Subsidy Removal: Is it Enough?
President Bola Tinubu's proposal of a N500 billion palliative to cushion the effects of fuel subsidy removal has been met...
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Nigeria Redeems $500m Eurobond, Demonstrating Strong Debt Management
Nigeria has successfully redeemed a $500 million Eurobond that reached maturity on July 12, 2023, as confirmed by the Debt...
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