Economy

The Nigeria Inter-Bank Settlement System (NIBSS) has directed banks to disconnect non-deposit Financial Institutions (FIs) from transfer list. The NIBSS...

The Nigerian currency, the naira, succumbed further to pressure as it lost 17.91 per cent in exchange value against the...

Information available to Techeconomy shows that importers will pay more import duty for the clearance of their cargoes at the...

Africa is rising, they say. Nelly Nneli explains: Technology in Africa is growing faster than the speed of light, especially...

Writer: DAISY OSAMOR, Customer Growth Executive, Infobip Conversational wallets have transformed how we manage our finances, offering numerous advantages for...

African Export-Import Bank (Afreximbank’s) third Intra-African Trade Fair (IATF2023) held in Cairo from 9 to 15 November witnessed the conclusion...

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...