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List Of Banks Fined For Not Dispensing Cash During The Festive Period
The Central Bank of Nigeria (CBN) has imposed fines on several Deposit Money Banks (DMBs)…
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Elon Musk On A Possible Move For TikTok
The Chinese government is reportedly deliberating on selling TikTok which is owned by ByteDance Ltd.,…
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Sterling Bank Staff Receive 7% Salary Increment Though Lower Than Initial Expectation
Sterling Bank, a tier-2 commercial bank in Nigeria with a market capitalization of ₦174.76 billion,…
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Fall In Naira Value Affects The Economy By $310bn
Over the last decade, Nigeria’s economy has suffered a $310 billion loss in GDP, due…
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CBN Penalizes 9 Banks N1.35bn Over ATM Cash Shortage During Yuletide
The Central Bank of Nigeria (CBN) has imposed a total fine of N1.35 billion on…
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Generative AI Usage in Nigeria Reaches 70%: Survey Highlights Optimism for the Future
A recent survey conducted by Ipsos for Google has revealed that 70% of Nigeria's online…
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Top Banks Boost Liquidity Assets Amid Cash Increase
Nigeria’s largest banks have reported a 120.7% increase in total cash and cash equivalents over…
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LemFi Raises $53 Million in Series B Funding to Drive Expansion into Asia and Europe
LemFi, a London-based financial technology platform designed to serve immigrant communities, has secured $53 million…
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18 Banks Face USSD Suspension Due To ₦200 Billion Debt
Telecommunications companies in Nigeria, under the directive of the Nigerian Communications Commission (NCC), are set…
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Global Smartphone Sales Rebound in 2024 with 4% Growth After Two Years of Decline
A recent report from Counterpoint Research’s Market Pulse indicates that the global smartphone industry experienced…