Finance

BusinessFinanceTechnology

Interswitch Ventures into Nigeria’s Telecom Sector with MVNO License

Payments leader Interswitch is making a strategic move into Nigeria’s telecommunications sector. The company, known for its Verve debit cards, acquired a Tier...

BusinessFinance

Nigeria’s Trade Recovery Lags Behind Despite AfCFTA Implementation

Nigeria’s trade with African countries has struggled to regain momentum following the COVID-19 pandemic despite the enactment of the African Continental Free Trade...

FinanceNews

Emefiele awarded contracts to wife and in-law’s company – Witness tells Court

A witness of the Economic and Financial Crimes Commission (EFCC), Agboro Omowera, testified on Monday at the Federal Capital Territory High Court in...

BusinessFinanceTechnology

Telegram Eyes Profitability and Public Offering After User Boom

The popular messaging app Telegram is nearing financial independence and setting sights on a future initial public offering (IPO). In a recent Financial...

FinanceNews

Senate inaugurates Ad-hoc Committee to Probe CBN’s N30trn Loan and Anchor Borrowers’ Programme

The Nigerian Senate inaugurated an ad hoc committee on Monday to investigate the use of the N30 trillion Ways and Means loans obtained...

BusinessFinanceTechnology

LemFi Appoints Allen Qu as VP of Growth to Lead Expansion into Chinese Market

LemFi, a fintech firm specializing in international payment solutions, has appointed Allen Qu as Vice President of Growth to spearhead its expansion into...

Money printing Buhari/ Osinbajo
FinanceNews

Individuals responsible for massive money printing under Buhari must be punished – Laolu Akande

A former spokesperson for ex-Vice President Yemi Osinbajo, Laolu Akande, has urged for legal action against those implicated in the alleged printing of...

BusinessFinanceTechnology

Flutterwave Shuts Down Barter to Focus on Enterprise, Remittance

African fintech giant Flutterwave is discontinuing its consumer virtual card service, Barter, to prioritise its enterprise and remittance business segments. Over the past...

The Largest Africa Economy, Nigeria to Join the BRICS?
FinanceNewsPolitics

Africa’s Largest Economy, Nigeria to Join BRICS

Nigeria as the largest economy in Africa has shown interest in joining the intergovernmental organisation of Brazil, Russia, India, China, and South Africa...

BusinessFinanceTechnology

CBN Requires Monthly Financial Returns from Microfinance, Mortgage and Development Banks

The Central Bank of Nigeria (CBN) has instructed Microfinance Banks (MFBs), Primary Mortgage Banks (PMBs), and Development Financial Institutions (DFIs) to submit their...

BusinessFinanceTechnology

Cascador Launches 2024 Accelerator Program for Mid-Stage African Entrepreneurs

Cascador, an accelerator program supporting mid-stage African entrepreneurs, has opened applications for 2024 with a focus on business growth and leadership development. This...

Mohgalu-Tinubu cabinet reshuffle
FinanceNews

Moghalu advises Tinubu on cabinet composition, economic reforms to tackle economic crisis

In light of Nigeria’s current economic challenges, former deputy governor of the Central Bank of Nigeria Kingsley Moghalu has proposed significant measures aimed...