Finance

Less than 48 hours after its official launch by President Muhammadu Buhari, the individual wallet for eNaira has recorded more than 100,000 thousand downloads on Google Playstore alone.

Complaints mount as eNaira app surpasses 100K downloads

2 hours ago

FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva arrives for her first day in her new post at IMF headquarters in Washington, U.S. October 1, 2019. REUTERS/Jonathan Ernst/File Photo

Report: World Bank turns down IMF boss’s appeal to defend herself

13 hours ago

President Muhammadu Buhari, Monday, unveiled the Central Bank Digital Currency (CBDC) otherwise known as eNaira making Nigeria the first African country to introduce the new innovative form of the payment system.

Economists: How eNaira will affect banking sector

20 hours ago

The Financial Reporting Council of Nigeria (FRC) has issued new reporting guidelines to enable firms respond to prudential considerations in various sectors.

FRC: 115 MDAs submit audited financial statements

20 hours ago

Nigeria’s biggest bank by asset Access Bank said it has entered a binding pact to merge its Zambian unit with African Banking Corporation Zambia Limited in a planned reformation coming barely nine months after it bought the subsidiary.

Access Bank to merge newly acquired Zambian unit with African Banking Corp

24 hours ago

The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN to empower 100 private companies every 100 days

2 days ago

Mastercard has signed a deal with cryptocurrency firm Bakkt to make crypto options available to merchants and banks across its payments network, the company announced Monday. The news was first reported by CNBC.

Mastercard will allow banks on its payments network to provide cryptocurrency services

2 days ago

President Muhammadu Buhari, Monday, unveiled the Central Bank Digital Currency (CBDC) otherwise known as eNaira making Nigeria the first African country to introduce the new innovative form of the payment system.

President Buhari unveils Nigeria’s eNaira

2 days ago

The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

eNaira: Nigeria’s central bank issues N200 million to banks

2 days ago

The Turkish lira has weakened 1.6 per cent to a record low against the dollar in early Asian trade after President Recep Tayyip Erdogan said he had ordered the expulsion of the ambassadors of the United States and nine other Western countries.

Turkish lira drops to record low on president’s comments

2 days ago

The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, (NIRSAL PLC) has facilitated over N148 billion in finance and investments for agriculture and agribusiness.

NIRSAL to partner NGE on empowerment

3 days ago

The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit in commercial banks grew by 7.61 percent in October 2020, compared with 7.35 percent in the previous month.

CBN increases health intervention fund to N200 billion

3 days ago

A Nigerian businessman and billionaire, Femi Otedola, has disclosed plans to shift his focus to power generation.

FBN confirms Femi Otedola acquired ‘substantial’ stake in holdings

3 days ago

Traders urged to implement Finance Act 2020 on stamp duty

4 days ago

The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Group asks CBN not to give fresh loan to Gombe

4 days ago