Economy
Why You Should Make ‘Pay with Transfer’ Your Top Payment Choice
"During these turbulent times, digital payment solutions like Pay with Transfer, although always available, came to the fore as more viable alternatives,...
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NGX RegCo, ICAN Sign MoU to Enhance Capital Market Regulation
In a signing ceremony held at the Nigerian Exchange Group House, NGX Regulation Limited (NGX RegCo) and the Institute of...
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Surge in FX Inflows, Investors Stay Cautious Amid Reforms
Nigeria's foreign exchange market has experienced significant inflows of foreign currency driven by favorable sovereign ratings and higher oil and...
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Digital Currency Coalition (DCC) Believes Proper Regulations Will Empower Nigeria’s Economy
The Digital Currency Coalition (DCC), the largest coalition of crypto asset practitioners and founders in the African digital currency space,...
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Bank Customers Lost N472m to Fraudsters in Q1 2023
Bank customers in Nigeria lost a total of N472 million to fraudsters in the first quarter of this year, according...
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Access Bank Introduces FX Transfer for Domiciliary Account Holders
Access Bank has announced the availability of Foreign Currency Transfer for all domiciliary account holders. This new feature aims to...
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Lotus Bank Celebrates Two Years of Ethical Banking
Lotus Bank, a non-interest financial institution in Nigeria, marked its second anniversary by reiterating its commitment to ethical banking, financial...
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Industry Collaboration Key to Drive Cashless Adoption in Nigeria – ‘Deremi Atanda
‘Deremi Atanda, Managing Director of Remita Payment Services Limited (RPSL), a subsidiary of SystemSpecs Holdings Limited (SHL), has called for...
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Africa50 Launches $500m Infrastructure Acceleration Fund with Investors
In a groundbreaking development for Africa, the Africa50 Infrastructure Acceleration Fund has secured commitments from prominent African and global institutional...
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AXA Mansard Identifies Five Ways FX Unification Shapes Nigeria’s Economy
The Central Bank of Nigeria (CBN) on June 14, 2023 adopted a managed floating exchange rate system with the aim...
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CBN Addresses Failed Bank Transactions, Returns N115.45b to Consumers
The financial sector, particularly the banking industry, has been undergoing significant transformations with the advent of disruptive technologies in financial...
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AXA Mansard Insurance Strengthens Leadership Team with New Directors
AXA Mansard Insurance Plc, a key player in the Nigerian insurance industry, has taken a step towards enhancing its leadership...
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Crypto Assets Projected to Generate $25b Annually in Tax Revenue
According to the International Monetary Fund (IMF), governments worldwide could have potentially earned $100 billion in tax revenue from crypto...
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Nigerian Banks Warned about Transactions with High-Risk Countries
The Central Bank of Nigeria (CBN) has issued a cautionary message to Nigerian banks, urging them to exercise caution when...
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Stanbic IBTC Holdings Plc Strengthens Board with New Appointments
In a significant development, Stanbic IBTC Holdings Plc has recently announced the addition of new members to its board of...
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