Afreximbank approves $1bn facility to boost AfCFTA operations
The African Export-Import Bank (Afreximbank) says it renewed its approval of a $1 billion facility to operationalise the African Continental…
Buhari woos Portuguese investors
President Muhammadu Buhari has urged the Portuguese government and business community in the country to increase their trade volume into…
Nigeria pays $300m debt amid worsening revenue
Nigeria has redeemed a $300m Diaspora bond, which matured on June 27, 2022, according to the Debt Management Office (DMO).…
World Bank ranks Nigeria, India among countries with high unbanked population
The World Bank says Nigeria, India are among the developing countries contributing to the global unbanked population. The Bretton Woods…
Buhari reappoints Oniha as DMO Director-General
President Muhammadu Buhari has approved the renewal of the appointment of Patience Oniha as the Director-General of the Debt Management…
CBN issues guidelines on cybersecurity, asks financial institutions to comply by January 2023
The Central Bank of Nigeria (CBN) has issued cybersecurity guidelines for other financial institutions (OFIs). The apex bank made this…
MTN’s mobile money push into Nigeria was hacked for millions within days
MoMo Payment Service Bank, the new financial services subsidiary of telecoms company MTN Nigeria, suffered a breach in the last…
NAICOM partners security agencies to enforce compulsory insurance
To deepen insurance penetration in Nigeria, the National Insurance Commission on Thursday, held a sensitisation workshop for the Joint Task…
BoI partners NGX to deepen capital formation, attract new listings
The Bank of Industry (BoI) and Nigerian Exchange Limited (NGX) yesterday, sealed a partnership deal that would help deepen capital…
FG partners Brazil to mechanise Nigeria’s Agric Sector
The Minister of Agriculture and Rural Development, Dr. Mohammad Abubakar, has announced that Nigeria would partner with the Brazilian government…