Business News

The Central Bank of Nigeria (CBN) has seen a surge in demand for Nigerian Treasury Bills (NTBs) during the auction held on September 11, 2024. Subscriptions reached N563.17 billion, surpassing...

CHI Limited, renowned for its Chivita and Hollandia brands, has garnered prestigious accolades at the Africa’s Most Admired Brands Awards. The event, which took place at the Civic Center in...

Sterling Bank Limited has achieved a significant milestone by migrating to Africa’s first indigenous core banking solution, SeaBaaS, developed by Peerless. This historic move announced to customers in August 2024,...

Experts attribute the oversubscription of Nigeria's first dollar-denominated domestic bond to its attractive yield. The bond, which had an initial target of $500 million, attracted $900 million in subscriptions, surpassing...

Mastercard has taken a groundbreaking step in integrating traditional financial services with Web 3 technologies by introducing its first-ever Bitcoin debit card. This innovative product allows users to purchase directly...

eTranzact International, a prominent fintech company, has teamed up with the Enterprise Development Centre (EDC) of Pan Atlantic University to conduct a survey assessing the readiness and knowledge of Micro,...

Guaranty Trust Bank Ltd (GTBank), a leading subsidiary of Guaranty Trust Holding Company Plc (GTCO), has been awarded the title of Best Bank in Corporate Social Responsibility (CSR) in Nigeria...

Former Nigerian Vice President Atiku Abubakar has sharply criticized the recent Value Added Tax (VAT) hike, warning that it may inflict severe harm on the Nigerian populace. Atiku noted that...

Several fintech companies, including OPay and Moniepoint, have announced that they will start deducting a N50 Electronic Money Transfer Levy (EMTL) from inflows of N10,000 and above starting September 9,...

A recent report reveals that loans from commercial banks to the private sector in Nigeria surged by approximately N2.3 trillion between June and July 2024. Data from the Central Bank...