Economy

Nigeria’s Securities and Exchange Commission (SEC) has revealed plans to fast-track the approval of cryptocurrency licences in 2025.  Aimed at...

The initiative seeks to provide early-stage funding, technical mentorship, and infrastructure support to entrepreneurs building decentralised applications

Salesforce (NYSE: CRM), the global leader in CRM, today released its latest Connected Financial Services report, sharing insights from 9,500 financial services...

Presco PLC (Presco or the “Company”), has achieved a significant milestone with the successful issuance of its ₦82,896,000,000 7-year 23.75% senior...

President Bola Tinubu, Wednesday, January 05, increased the appropriation bill for the 2025 fiscal year from N49.7 trillion to N54.2...

Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key sales target with President Donald Trump’s...

The Central Bank of Nigeria (CBN) disclosed that lenders, including commercial banks and other financial institutions, recorded higher default rates...

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has announced the opening of its ₦148.7 billion Rights Issue....

Positive social impact is often only associated with governments or NGOs, organisations which are doing good without the motivation of...

In terms of transaction volume, there was an 8% year-on-year increase, with 1.5 billion PoS transactions recorded in 2024 compared...

Africa’s Payment Trends and 2025 Outlook

Highlights The UK’s Minister of State for Development, Anneliese Dodds, announced up to £100 million for MOBILIST, the UK’s flagship...

Nigeria is a cash-driven economy. Yet, today, when cash is needed, the default option isn’t the bank’s ATM but the...

The number of active bank accounts in Nigeria has increased to 311.65 million, as of December 2024. The rise in...

The Lagos State Internal Revenue Service (LIRS) has reiterated that the provision of Free West African Examinations Council, WAEC registration...