The Central Bank of Nigeria (CBN) has mandated that all payment service providers (PSPs) route transactions from point of sale (POS) terminals at merchant and agent...
United Bank for Africa (UBA) Plc has announced the appointment of Mr. Chukwuma Nweke as the new Deputy Managing Director, effective October 1, 2024. This appointment...
Minister of Finance Wale Edun announced that a meeting with the Nigeria Customs Service (NCS) board was held to expedite the implementation of the...
The naira experienced a significant depreciation against the US dollar, dropping by 3.61% at the official Investor and Exporter (I&E) window on Monday, September 10, 2024....
Brent crude oil prices have dipped below $70 per barrel for the first time since December 2021, reflecting growing concerns about global oil demand. On Tuesday,...
Fidelity Bank Plc, a prominent financial institution, has donated maternity kits to expectant mothers in Aiyetoro, Yaba Local Council Development Area (LCDA) of Lagos...
The naira began the week on a positive note, appreciating against the U.S. dollar and other major currencies at both the official and parallel...
The Nigerian Communications Commission (NCC) has rolled out the Device Management System (NCC-DMS), a centralized platform designed to manage and regulate mobile devices accessing communication networks...
In the first week of September, four hackers laundered $49.3 million worth of Ethereum using the controversial crypto mixer Tornado Cash. These hackers...
Beginning from Today, Monday September 9, Nigerian fintech companies, including OPay, Moniepoint, Palmpay, and Paga, will begin deducting a N50 Electronic Money Transfer Levy (EMTL)...