Nigeria secures $2.7bn W/Bank loans in 6 months
Nigeria secured total loans of $2.7 billion from the World Bank under the administration of President Bola Tinubu amid concerns...
Banking & Finance
PalmPay launches new security version on CBN’s directive
Payment platform PalmPay has launched a new security in-app version that mandates all new users to input their BVN or...
CBN’s recognition of digital assets important to Nigeria’s evolving financial landscape — Expert
Experts in cryptocurrencies have said the lifting of ban on crypto transactions in Nigeria by the Central Bank of Nigeria...
Prestigious Obafemi Awolowo Prize for Leadership award delights AfDB President, Adesina
The President, African Development Bank Group, Dr. Akinwumi Adesina, has expressed his delight over his selection as the recipient of the...
FX volatility may affect smooth implementation of 2024 budget – Uwaleke
Professor Uche Uwaleke has identified foreign exchange volatility as a major hindrance to the smooth implementation of the 2024 budget....
We’re not giving N15,000 as Christmas promo, Opay warns Nigerians
Payment platform OPay has insisted that it is not giving out N15,000 or any other amount this Christmas. OPay is...
Buhari’s aide Tunde Sabiu, not President approved naira redesign policy – Report
The Special investigator looking into the books of the Central Bank of Nigeria (CBN) Jim Obazee has detailed how former...
CBN to sanction banks, PoS operators over hoarding, rationing of Naira
The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) and Point of Sales (PoS) that it would...
Nigeria spends N1.79trn on domestic debt service in 3 months – DMO
The Federal Government spent around N1.79 trillion on servicing its domestic debt between July and September 2023. This is according...
