Finance
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...
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...
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...
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...
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...
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...
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...
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...
House of Representatives to investigate cryptocurrency and e-naira
The House of Representatives has passed a motion to investigate the national security implications of cryptocurrency and other digital asset transactions. Additionally, they...
Bitcoin Falls by 6% after Reaching All-time High of $69,000
Bitcoin has fallen by over 6% after shattering its previous record and reaching an all-time high of over $69,000 on Tuesday. The initial...
Breaking: Bank of Ghana Suspends Forex Trading Licences of GTB and FBNBank
The Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN)...
After FG’s seige, Binance stops naira services
In response to the ongoing regulatory conflict in Nigeria, cryptocurrency exchange Binance has announced the discontinuation of all services for the country’s fiat...