Economy

Wema Bank has received rating upgrades from credit rating agencies Fitch and GCR. The upgrades reflect the bank’s strong performance...

BNB Chain (formerly known as Binance Smart Chain) has emerged as a popular Layer 1 blockchain for NFTs. That's due...

While Fintechs have held sway in the e-payment space for a while now, especially with POS, commercial banks have risen...

Nigeria recorded a trade surplus of N5.17 trillion in the first quarter of 2025, a 51.07% quarter-on-quarter increase from the...

The World Bank has projected a 3.6% economic growth rate for Nigeria in 2025 despite global trade uncertainties. This projection,...

The federal government of Nigeria has signed a Memorandum of Understanding (MoU) with Investonaire Academy to train 100,000 youths annually...

The naira began the week on a positive note, appreciating by 0.84% in the official market on Tuesday. It closed...

The African Export-Import Bank (Afreximbank) has contested a recent rating by Fitch, which revised the bank’s outlook to negative, asserting...

African startups raised $254 million in May, bringing the total amount invested in African startups so far in 2025 to...

In his compelling piece “Remita: A Fundamental Case for Legislating Indigenous Participation and IP Ownership in the Fintech Ecosystem,” Chris...

For years, USSD (Unstructured Supplementary Service Data) banking in Nigeria has been a lifeline for millions of Nigerians. It was...

In March 2024, the Central Bank of Nigeria (CBN) raised the capital requirements for banks, which requires banks to increase...

Onafriq, Africa’s largest digital payments network, is celebrating its 15-year anniversary by announcing a significant milestone: close to 1 billion...

Bismarck Rewane, an economist and managing director of Financial Derivatives Limited, has made a forecast that Nigeria’s naira would trade...

The Securities and Exchange Commission (SEC) has warned Nigerians over investing in the cryptocurrency known as Punisher Coin, or $PUN....