Posted inBusiness Picked for you Trending Now
Nigerian Banks Channel ₦269bn Into Tech Advancement In 2024
In a strong show of commitment to digital transformation, six of Nigeria’s largest banks collectively…
Posted inBusiness Picked for you
UBA Suffers ₦1.14 Billion Fraud Loss In 2024 Despite Strong Profits
United Bank for Africa (UBA) recorded a fraud-related loss of ₦1.14 billion ($744,200) in 2024,…
Posted inBusiness Lifestyle Picked for you
Africa’s Challenges Are Its Greatest Investment Opportunities – Elumelu
Africa’s economic landscape is often viewed through the lens of risk, but Tony Elumelu, Chairman…
Posted inBusiness Picked for you Trending Now
Nigerian Banks Hurry To Clear USSD Debt As Deadline Passes
Over the past weeks, several Nigerian banks have initiated payments to telecommunications companies in response…
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…
Posted inPicked for you
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…
Posted inPicked for you
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…