Business
Bitcoin Surges to All-Time High of $81,000
Bitcoin reaches a record All-Time High of $81,000 with a market capitalization of $1.6 trillion, driven by Donald Trump’s pro-crypto stance
11 November 2024
Financial Agencies
Business
FirstBank Fintech Summit 6.0: “Banking on Partnerships” to Unleash Innovation and Collaboration in Financial Technology
Join FirstBank’s 6th Annual Fintech Summit on November 13-14, 2024, a hybrid event themed “Banking on Partnerships.”
10 November 2024
Business
Moniepoint Appoints Former Stanbic IBTC Executive Bayo Olujobi as New CFO
Moniepoint Microfinance Bank welcomes Bayo Olujobi as its new CFO, bringing decades of expertise from Stanbic IBTC and financial innovation.
6 November 2024
Business
Fitch Predicts Rise in Non-Performing Loans Amid Nigeria’s Inflation
Fitch predicts non-performing loans to further rise in Nigeria, driven by incessant inflation coupled with high interest rate.
5 November 2024
Business
FarmSlate Wins FCMB Agritech Hackathon 2024 with AI-Driven Solution
FarmSlate wins the 2024 FCMB Agritech Hackathon with its innovative AI and IoT solution connecting smallholder farmers to financial support
2 November 2024
Business
Moniepoint Secures $110 Million Investment to Expand Across Africa
Moniepoint raises $110 million in funding from ADP III and top investors to expand African operations and drive financial inclusion
29 October 2024
Business
Non-Performing Loans in Nigerian Banks Hit 5.1% – World Bank
The World Bank’s latest report reveals Nigerian banks’ non-performing loans have reached 5.1%, surpassing the prudential benchmark
25 October 2024
Breaking News
CBN Confirms Old Naira Notes Will Remain Valid Indefinitely
CBN reassures the public that old N200, N500, and N1,000 naira notes will remain legal tender indefinitely contrary to claims of expiration by December 31, 2024.
25 October 2024
Business
Nigeria’s Fiscal Deficit Widens as Debt Service Strains Revenue Gains
Nigeria’s fiscal deficit reaches N4.3trn in Q2 2024, driven by surging debt service costs and recurrent expenditures, despite increased revenue from exchange rate gains and improved tax efficiency.
24 October 2024
Business
IMF Projects Slowdown in Nigeria’s Economic Growth for 2024
IMF projects a slowdown in Nigeria’s economic growth due to the impact of heavy floods and drop in oil production.
23 October 2024
Top Stories
