Posted inBusiness Picked for you
Local Cloud Providers Not Discouraged By AWS’ New Payment Method
Amazon Web Services (AWS) has introduced naira payments in Nigeria, aiming to make its services…
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Foreign Earnings of Nigerian Banks Surge by 307%, Totaling ₦477 Billion in 2023
In 2023, Nigeria's leading tier-one banks—Zenith Bank, United Bank for Africa (UBA), and Guaranty Trust…
Posted inBusiness Picked for you
Nigerian Banks to Raise Over N3 Trillion in Capital Amid Regulatory Changes
Nigerian commercial banks are poised for significant capital restructuring as they face a stringent directive…
Posted inBusiness Picked for you
Nigerian Equities Lose N104 Billion as CBN Increases MPR to 24.75%
In a continuation of its aggressive monetary tightening, the Central Bank of Nigeria (CBN) has…
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Afreximbank Releases $2.25 Billion Crude Oil Prepayment Loan to Nigeria
Afreximbank, a pan-African multilateral financial institution, has confirmed the initial disbursement of $2.25 billion under…