FINANCE
Federal Government Bars Illegal Online Banks as it Approves 173 Loan Apps in Nigeria
The digital loan apps in Nigeria has been under increased scrutiny over the past year due to reports of harassment of borrowers ...CBN Urges Nigerians to Embrace Alternative Payment Channels in Line with Cashless Policy
The Central Bank of Nigeria (CBN) has called on Nigerians to embrace alternative payment channels in line with its cashless policy. The ...CBN Releases Banknotes to Ease Cash Scarcity, Directs Banks to Open on Weekends
The Central Bank of Nigeria (CBN) has taken steps to ease the circulation of banknotes of various denominations by evacuating banknotes from ...Fintech Companies: Top Fintech Companies Thriving in South Africa in 2023
South Africa has been a hub for fintech companies for the past decade, and in 2023, this trend has only continued to ...Web4: Revolutionizing Fintech with Real-Time Data and Enhanced Security
The evolution of the internet from Web1 to Web4 has played a significant role in the development of the fintech industry. Each ...Fintech: Transforming the Banking Industry and Shaping the Future of Finance
Over the past few years, we have witnessed a rapid evolution in the banking industry, one of the most significant changes has ...South African Municipalities Struggle to Pay Water Bills, Owing Water & Sanitation Dept Over R23bn
The Department of Water and Sanitation director general, Sean Phillips, has recently made a shocking announcement regarding the debt owed to the ...Nigerian Bank “Zenith” shuts down some branch operations due to Naira scarcity
Zenith Bank has closed some of its branches in the Federal Capital Territory, FCT, and some states of the country due to ...Arnault bolts past everyone, in new rankings as the world’s richest men
The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. France’s Bernard Arnault is the new richest person in the world having surpassed ...Nigeria’s AfriGo to Rival Visa, Mastercard – Central Bank
The Central Bank of Nigeria (CBN) has launched the Nigerian National Domestic Card Scheme, AfriGo, aimed at creating a more robust payment ...Nigeria: Federal Govt Sets Up 14-Man Committee to Manage Petroleum Products Supply, Distribution
In a move to find lasting solution to the disruptions in the supply and distribution of petroleum products in the country, President ...Nigeria’s fuel subsidies surpassed $1 billion in August as it supplied more petrol
The cost of Nigeria’s fuel subsidies rose to 525.714 billion naira ($1.22 billion) in August, bringing the total spent this year to ...Payments platform Fuse integrates ChromePay to bring DID services to Africa
The African continent has emerged as a hotbed for crypto and blockchain activity, with countries like Nigeria and Ethiopia leading the way. ...France’s Axa doubles 2021 profit, raises financial goals
Axa reported a profit on Thursday that more than doubled from last year, with the French insurer recovering from pandemic-related claims during ...Nigeria Loses 6.5 Million Barrels of Oil to Force Majeure, Sabotage in December. Again
Abuja — There appears to be no end in sight to the financial and resource haemorrhage in Nigeria’s oil and gas industry, ...Lawd! 207,527 investors, crypto accounts liquidated, as Bitcoin loses $4K
It’s no longer news that the flagship crypto lost about $4K in just a few hours after notes from the Fed’s December ...Investors will now pay 10% tax on sale of shares in any Nigerian company
Investors on the Nigerian Stock Exchange are to pay a Capital Gains Tax of 10% on the sale of shares according to ...Binance challenges The Nigerian Stock trading apps by offering U.S stocks
Nigerian stock trading apps with exposure to foreign stock listing face a herculean task as Binance, the world’s biggest crypto exchange recently ...Google founders earn $42 billion in 100 days
Founders of the internet search engine, Google Larry Page, 48 and Sergey Brin, 47 have earned $42 billion dollars in the first quarter of ...GTBank: Domiciliary Account and International Money Transfer
GTBank: Domiciliary Account and International Money Transfer Domiciliary Account at GTBank Makes foreign currency transactions convenient for people. You can carry out ...
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