Wednesday, 27th September 2023


22 Jan 2020
It appears there is no respite yet for consumers, especially those who make use of the Internet facility, as the service has remained at its lowest ebb in the last five days
22 Jan 2020
The United Kingdom’s publicly owned impact investor, CDC Group, has announced the commitment of $39.2 million to support small and medium enterprises (SMEs) in West Africa.
22 Jan 2020
The nation’s Deposit Money Banks (DMBs) recorded a significant increase in assets and liabilities N1.82 trillion, which represented a 4.6 per cent rise in just one month.
1 Jan 2020
Today marks the take-off point for a new regime of banking charges against customers for services rendered, but there is general apathy trailing expectations of compliance
24 Oct 2019
Following the directive by the Central Bank of Nigeria (CBN), to raise the Loan to Deposit Ratio (LDR) of banks to 65 per cent to assist the real sector, financial directors have described the policy as a welcome development.
22 Oct 2019
The proposed but now suspended N4 per 20 seconds charge on unstructured supplementary service data (USSD) platforms for money transfer transactions in Nigeria, got another spanner thrown in its wheel, as bank chief executives, yesterday, dissociated themselves from the planned charges.
8 Oct 2019
The Standing Lending Facility (SLF) window of the Central Bank of Nigeria (CBN) was full of activity in the first half of 2019, as banks borrowed a daily average of N95.63 billion in 121 days of transactions, during the period.  
8 Oct 2019
Capital market shareholders have condemned the N499 billion fines slammed on 12 commercial banks by the Central Bank of Nigeria (CBN), for breaching the regulator’s directive on lending to the real sector, insisting the move is capable of shrinking the banks’ earnings, and ultimately erode profitability and dividend payout.
30 Sep 2019
The National Bureau of Statistics (NBS) has disclosed that the Nigerian banking sector allocated N15.13tr credit to the private sector in the second quarter (Q2) 2019.
27 Aug 2019
Flourish, a venture capitalist firm has charged financial institutions to deepen data security and offer tailor-made products for inclusion, and economic empowerment.
16 Jul 2019
The National Information Technology Development Agency (NITDA), is currently investigating some Nigerian banks, financial technology companies (Fintechs), and telecommunications companies (telcos) for alleged breach of data privacy rights.
9 Jun 2019
Young Sudanese protesters in T-shirts and jeans dump bricks in a pile to create a makeshift barricade in a Khartoum street -- but they are playing a dangerous game of cat-and-mouse. They disperse as dozens of riot police storm in on pickup trucks. Officers in blue fatigues fire gunshots into the air as demonstrators sprint…


Independent National Electoral Commission, INEC has expressed worry over the spate of insecurity in Imo State ahead of the forthcoming November 11th governorship election in the state.
4 mins ago
The Federal Capital Territory Authority (FCTA) in partnership with Platinum X Art and Media Ltd has concluded plans to organise the ‘Abuja I Believe Carnival 2023” for residents of Abuja and other talented Nigerians in other states to showcase their talent.
7 mins ago
Bankrupt Sri Lanka's economic recovery was "not yet assured", the International Monetary Fund warned Wednesday, after the first review of its $2.9 billion bailout aimed at restoring the island's finances.
8 mins ago
The Department of State Services (DSS), as part of efforts in sustaining its engagement with citizens and the public at large as well as deepening democratic governance, transparency and accountability, has established a new Directorate of Public Relations and Strategic Communications (DPRSC).
19 mins ago
Dedayo Adeloye who hails from Agege area of Lagos State is set to embark on World Record Challenge of 48-hour Ad-va-thon in Lagos in October. He will be attempting to set a world record for crafting five captivating advertisement videos for five different brands, all within the confines of a single location and in the…