Africa is poised for a significant increase in oil production in 2025, with West Africa leading the charge. According to the State of African Energy 2025 Outlook by the African…
In a move that sent shockwaves through the Nigerian banking sector, the Central Bank of Nigeria (CBN) recently imposed hefty fines on nine Deposit Money Banks (DMBs) for their failure…
Nigerian telecom companies collectively owed banks a substantial N1.69 trillion as of September 2024, according to the latest Central Bank of Nigeria (CBN) report. The telecom debt is a decline…
The Nigerian telecommunications sector is on the cusp of significant change following the government’s approval of a long-awaited tariff increase. This move, aimed at improving service quality and enabling operators…
In a move that could significantly disrupt financial transactions for millions of Nigerians, telecommunication companies are poised to temporarily suspend Unstructured Supplementary Service Data (USSD) access for 18 banks. This…
The Federal Government has allocated N4 billion for the construction of a new presidential helipad and jetty in Lagos within the proposed N49.74 trillion 2025 budget, a move that has…
The President of Compliance Institute, Nigeria (CIN), Pattison Boleigha and the Director General of Nigerian Financial Intelligent Unit (NFIU), Hajia Afsat Bakare, have unanimously underscored the need to embrace AI…
Glo with pride….| Ahead of the planned presentation of prizes to winners of Globacom’s Festival of Joy promotion in Lagos, the company on Wednesday, December 4, held a draw to…
United Bank for Africa (UBA) has made a significant stride in its global expansion strategy by securing a landmark business cooperation agreement with the French government. The deal, signed by…
The Central Bank of Nigeria (CBN) has granted a much-needed reprieve to Bureau De Change (BDC) operators by extending the deadline for recapitalization. The new deadline, set for June 3,…