Is the eNaira a waste of government resources?
The International Monetary Fund (IMF) recently released a report titled "Nigeria's eNaira, One Year After," revealing that 98.5% of eNaira ...
Tag: #Nigeria
CBN revocation of Microfinance Bank Licenses Sends Shockwaves Through Nigeria’s Economy. Here’s how it affects you.
Recently, the Central Bank of Nigeria (CBN) made a significant move by revoking the operating licenses of several microfinance banks, ...
Mastercard, CeBIH partner to curb cyber fraud
Mastercard and the Committee of E-Banking Industry Heads for Nigeria have collaborated to host the inaugural Fraud and Cyber Security ...
The Dangote Oil Refinery: Will it Alleviate Fuel Hikes or Exacerbate Them?
The recent commissioning of the Dangote Oil Refinery in Nigeria has generated considerable excitement and hope for an end to ...
Despite the high deliverables, Bankers in Nigeria earn N45,000 or $3 a day in 2023.
In a country like Nigeria, where the banking sector is a critical driver of economic growth and development, it is ...
Nigerian Senate Urges CBN to Release of Trapped Airlines’ Funds
The Nigerian Senate has called on the Central Bank of Nigeria (CBN) to release the sum of $717,478,606, which is ...
Stanbic IBTC launches fintech subsidiary
Stanbic IBTC Holdings Plc has announced the commencement of operations for its wholly owned financial technology subsidiary, Stanbic IBTC Financial ...
NEM Insurance Plc Pays N7.6 Billion to Claimants, Reports Impressive Performance in 2022
NEM Insurance Plc, one of Nigeria's leading insurance companies, announced that it paid a total of N7.6 billion to its ...
M-Kopa Raises $255 Million in Funding to Expand Financial Inclusion in Sub-Saharan Africa.
African financing platform M-Kopa has secured a significant amount of funding to support its expansion efforts in Sub-Saharan Africa. M-Kopa ...
Buhari and state governments get N651 million hardship allowance.
President Buhari and state governors may have received N651.2m in hardship allowance over the past eight years, according to a ...
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