Nigerian Banks Record ₦265bn in Revenue From e-Business
When compared with the total sum of ₦213.204 billion recorded in 2022, the banks’ revenue earned from e-business during the same period in 2023 increased[more...]
Category: Business
Saudi Arabia Revokes Air Peace Passengers’ Visas In Jeddah
Saudi Arabia has unexpectedly revoked the visas of all 264 passengers who arrived in Jeddah Via Air Peace, Nigeria’s prominent carrier. The flight took off[more...]
5 Best English Speaking Countries in Africa
While countless languages are spoken globally, the English language stands out as a leading force. Its global significance doesn't just stem from the language itself[more...]
Analysts Forecast a 27.9% Inflation Rate for Nigeria
Ahead of the release of October 2023 inflation figures on Tuesday, November 14, by the NBS, analysts at Afrinvest West Africa are forecasting a further[more...]
Nigeria’s Missed Gas Demand Windfall: Implications and Remedies
The Nigerian economy depends largely on hydrocarbons. Yet, in the wake of the Russian-Ukrainian war and the subsequent energy crisis that gripped European countries due[more...]
CBN Fines Access Bank N12m for Employment Without Approval, Delaying Customer
Central Bank of Nigeria (CBN) imposed an N12m fine on Access Bank Plc for infringement on employment rules and customer delay. This was disclosed in[more...]
Lagos, Afreximbank Sign $1.35bn Facility for Infrastructure
Lagos State and the African Export-Import Bank (Afreximbank), supported by Access Holding Plc have signed a deal for a $1.35 billion facility for infrastructure and[more...]
10 Best Performing Airlines in Africa 2023
Africa has become an increasingly attractive destination for travellers worldwide for different reasons. With Africa's tourism and business booming, the aviation scene has become a[more...]
Tyranny of the Mighty – Traditional Banks vs FinTech in Nigeria
The United Nations Sustainable Development Goals (SDGs) aim to transform our world. The 17 goals are a universal call to action to end poverty, protect[more...]
Zest is Connecting Businesses and Lifestyle to Payments
Zest is connecting businesses and lifestyle to payment through a multi-railed platform, e-Commerce capabilities, value added services and more. Set up as the fintech subsidiary[more...]
Fidelity Bank Restores Transfers to OPay, Moniepoint, and Palmpay
Fidelity Bank has restored transfers to neobanks OPay, Palmpay, Kuda, and Moniepoint a few weeks after it blocked them due to rising fraud and customer[more...]
Japa Syndrome: Unleashing Nigeria’s Hidden Assets Abroad
It has been five years since Aunty Mary relocated to Canada with her immediate family. The extended family here were hoping she would be able[more...]
Parallex Bank Assures Customers of Technology-driven, Premium Services
Mr. Femi Bakre, the Managing Director of Parallex Bank, has assured customers of continued technology-driven, premium value-adding services that will exceed their expectations. The Managing[more...]
Alternative Bank Introduces an Interest-Free Credit Line for Customers
The Alternative Bank, a pioneering player in the non-interest banking industry, is thrilled to announce a ground-breaking initiative to empower its valued customers and foster[more...]
Surviving Soaring Inflation: A Blueprint for Sustainable Living and Thriving in Nigeria
In Nigeria today, the monster of inflation is rearing its head with unrelenting intensity. Prices are spiralling out of control, and the average business owner[more...]
The Black Book Raises the Bar for Nollywood
Nigerian thriller The Black Book has been in the headlines for reportedly topping global figures at streaming service Netflix, with 5.6 million viewers in its first two days. Does it live up to[more...]
See Full List 43 Items Nigeria’s Central Bank has lifted FX Ban On
The Central Bank of Nigeria has announced the lifting of an eight-year ban on 43 items that had previously been restricted from accessing forex. In June[more...]
itel Unveils Flagship itel S23+ Smartphone in Nigeria with MTN and Google
itel, Africa’s leading mobile phone brand, has unveiled its latest flagship smartphone, the itel S23+, in Nigeria. The event which was held recently at the[more...]
Key Takeaways From President Tinubu’s Speech at the 78th UN General Assembly
In the early hours of Wednesday, September 20, 2023, President Bola Tinubu delivered his first address at the United Nations General Assembly and raised important[more...]
7 Things to know about new CBN Governor, Cardoso
President Bola Ahmed Tinubu approved on Friday the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria[more...]
