Investors gain N3trn from stock trading in Q1
Stock market investors made massive gains from their trading activities in the first quarter of 2022, as the Nigerian stock…
CBN warns of illegal firms promising outrageous returns
The Central Bank of Nigeria (CBN) has warned the public to avoid dealing with unlicensed or illegal financial operators who…
AFC has invested $1.6bn in Nigeria, says CEO
The African Finance Corporation (AFC) says it has invested at least $1.6billion in Nigeria and over $10 billion in projects…
BoI targets $10bn foreign investment
The Bank of Industry has said it plans to raise $10bn from foreign investors to improve the nation’s real sector.…
Nigeria’s TAJBank Gets PCI-DSS Certification
One of Nigeria’s leading non-interest banks, TAJBank limited has received the Payment Card Industry Data Security Standard (PCI DSS) certification…
Safaricom Launches Shari’ah-Compliant Mobile Loans
The largest mobile payment app telco in the world Safaricom has partnered with Gulf African Bank to launch a Shari’ah-compliant…
FG Identifies Illegal Mobile Lending Apps, Continues Clampdown
The Nigerian government has continued its clampdown on illegal mobile loan apps ripping people off through fraudulent practices. This comes…
Nigeria has over 70 online lending apps – FCCPC
THE Federal Government has said there are about 70 to 90 online lending applications currently operated by various firms in…
AMCON has recovered over N1 trillion, says Kuru
The Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Lawal Kuru, has said that the organisation has…
Economic diversification will reduce Nigeria’s debt burden, says DMO
The Debt Management Office (DMO), says diversification of Nigeria’s economy and its sources of revenue will reduce reliance on borrowings…