Ghana’s cedi drops by 35%, now second worst-performing currency in the world
The Ghanaian cedi has depreciated by 35 percent against the US dollar this year, making it the second worst-performing currency…
Nigeria, Indonesia to deepen ties as trade balance hits $2.6bn
Trade between Nigeria and Indonesia hit $2.6 billion in 2021 as both countries have announced plans to deepen trade ties.…
Unity Bank Launches New Product, Targets Millions of Underbanked Women
Unity Bank Plc has deployed a new marketing campaign targeted at reaching millions of women entrepreneurs, especially the underbanked across…
LCCI expresses concerns over Nigeria’ rising debt
The Lagos Chamber of Commerce and Industry (LCCI) has expressed worries over debt servicing cost of the Federal Government and…
Capital inflows to banks rose by 109% in H1 2022 – CBN
Capital inflows to the Nigerian banking sector rose by 109.8 per cent in the first half (H1) of 2022,from $698.2…
CWG Unveils Software to Tackle e-Fraud in Banking Sector
The CWG Plc has entered into partnership with Customer XPs Software to tackle the rising electronic fraud in the banking…
Nigeria Makes Top 10 World Bank’s Debtors’ List
Nigeria has joined the group of countries with rising debt which has pushed it up the World Bank’s top 10…
NIRSAL MFB Introduces Salary Advance, Loans for Traders
Nirsal Microfinance Bank Limited (NIRSAL MfB) has announced that traders and salary earners can now access its loans following the…
Access Bank Womenpreneur Pitch-A-Ton Africa Competition 2022 Calls for Applicants
As part of efforts aimed at providing the platform for more women entrepreneurs to transform build businesses, Access Bank launched…
FG’s debt servicing to hit N10.43tn
The Federal Government has projected that debt servicing will cost N10.43tn by 2025, according to the 2023-2035 Medium Term Expenditure…