Economy
Nigeria’s Cash Crunch Sparks Increase in Digital Payments, Creating Opportunities for Merchant Acquirers
Lagos, Nigeria - The recent cash shortages in Nigeria have highlighted the vulnerability of the country's alternative payment systems, igniting...
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Norfund Commits EUR 2 Million to Boost Plastic Recycling in Nigeria
Lagos, Nigeria - Norfund, the Norwegian Development Finance Institution, has pledged EUR 2 million as a convertible loan to Wecyclers...
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Access Bank Set to Acquire Standard Chartered Bank’s Subsidiaries in Africa
Lagos, Nigeria - Access Bank, one of Nigeria's leading financial institutions, has concluded talks for the acquisition of Standard Chartered...
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Wema Bank Restores International Transactions on Naira Cards, Raises Monthly Limit to $500
Lagos, Nigeria - Wema Bank has made a significant move in favor of its customers by resuming international transactions on...
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Shelter Afrique eyes 10 more countries in membership drive
Nairobi: 18 July 2023 - Shelter Afrique is keen on onboarding the remaining 10 African countries that are not yet its members,...
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Stanbic IBTC Bank Affirms Commitment to Global Trade Growth for Businesses
Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC underscores the significance of preparedness and expertise for Nigerian...
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Ecobank, once again, wins coveted Euromoney award as Africa’s Best Bank for Small and Medium-sized Enterprises (SMEs)
In selecting Ecobank as Africa’s Best Bank for SMEs the judges based their decision on Ecobank’s longstanding and unwavering commitment...
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3000 Nigerian Youths Set to Benefit from NCAC and China Capacity Building Program
Abuja, Nigeria - The National Council for Arts and Culture (NCAC) is partnering with the People's Republic of China to...
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Nigeria’s Inflation Rate Hits 22.22%, Highest in 17 Years
The inflation rate in Nigeria soared to 22.22 percent in April 2023, marking the highest rate hike in 17 years,...
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First City Monument Bank (FCMB) FastCash Disburses Over N105 Billion in Instant Loans to Nigerians
FastCash, the instant loan solution powered by First City Monument Bank (FCMB), has achieved a remarkable milestone by disbursing over...
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