AfDB sees 39m Africans becoming extremely poor, seeks debt relief
The President of the Africa Development Bank, Akinwunmi Adesina, has said more than 39 million Africans will go into extreme...
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FG spends N351bn servicing domestic debts in three months
The Federal Government of Nigeria spent N351.98bn to service domestic debts from October to December last year. According to the latest...
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CBN aims to boost startups’ growth, NIBSS unveils NQR solution
The Central Bank of Nigeria has said the frameworks and guidelines it released early this year are meant to encourage...
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BREAKING: Nigeria’s debt stock rises 2.1% to N32.9trn
Nigeria’s total public debt grew by 2.1 per cent or N693bn in the fourth quarter of last year to N32.92trn on...
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CBN to pay N5 for every dollar remitted
The Central Bank of Nigeria has promised to pay N5 for every dollar remitted through licensed International Money Transfer Operators...
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Lagos residents paid lowest for petrol in January
Residents of Lagos paid the least for Premium Motor Spirit in January, buying at an average of N160.75 per liter...
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Zenith Bank posts N230bn profit, pays N2.70/share
Zenith Bank has posted its 2020 full year audited financials declaring a dividend of N2.70 for every 50k share held...
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Bitcoin slides below $45,000
With market volatility wiping out close to $10,000 from the value of Bitcoin in less than 24 hours and stripping...
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Nigerian bank customers lose N3.35bn to fraudsters
Bank customers in Nigeria lost over N3.35bn to fraudsters in the third quarter of last year. The criminals took advantage...
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CBN releases framework for open banking
Nigerian bank customers can now have more options and value from their financial institutions, as the Central Bank of Nigeria...
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