Shareholders Kick as Fidelity Bank Plans Acquisition of Union Bank UK
The planned acquisition of Union Bank UK subsidiary by Fidelity Bank Plc has run into hitches as some minority shareholders…
Zugacoin May be Another Ponzi Scheme, Investors warned.
The controversy trailing Zugacoin is getting more interested as analysts and crypto watchers refute claims by the founder challenging him…
Nigeria’s economy grew 3.54% in Q2 2022, says NBS
Nigeria’s gross Domestic product (GDP) grew by 3.54 percent year-on-year in real terms in the second quarter of 2022. The…
CBN’s eNaira is yet to have frequent users
The Central Bank of Nigeria (CBN) believes its digital currency, the eNaira, has scored wins in the 10 months since…
JCR Rating Agency affirms Afreximbank’s long-term issuer rating at A-
African Export-Import Bank (Afreximbank) has announced that Japan Credit Rating Agency (JCR) has affirmed its long-term issuer rating of A-…
SEC urges FG to remove corporate bonds tax
The Securities and Exchange Commission (SEC) says it is engaging with the Federal Government to reconsider the exemption of tax…
SMEs suffer $416 billion financial deficit in Nigeria, others annually, says UN
The United Nations Conference on Trade and Development (UNCTAD) says about 50 million Small and Medium Scale Enterprises (SMEs) are…
SEC to sanction stakeholders over unclaimed dividends
The Securities and Exchange Commission (SEC), says it will sanction stakeholders whose actions are frustrating its efforts toward reducing the…
South Africa’s Central Bank Says Banks Can Work With Crypto Exchanges
The South African Reserve Bank’s (SARB) Prudential Authority this week has reportedly issued guidance to confirm that banks in the…
PalmPay Launches Workshop to Counter Rising Digital Payment Frauds in Nigeria
Palmpay, one of Nigeria’s leading fintech innovator with the objective to make digital payment more accessible and flexible, has announced…