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Somolu Lagos
- 27 September, 2023
Huawei Introduces Ground-Breaking Financial Technology to Transform Mobile Payments
Last week, Huawei announced the release of a ground-breaking fintech product that is expected to change mobile money in Africa, expand financial inclusion, and vastly
CBN Requests Ratings For Infrastructure Debt Instruments To Improve Credit
The Central Bank of Nigeria (CBN), which recently announced that it would be revitalizing the National Arts Theatre by March of next year, has urged
Losses at Lafarge Africa and Other Factors Reduce Capitalization by N6 billion.
Trading on the equities market of the Nigerian Exchange Limited (NGX) remained down on the 15th of November as a sell-off in Lafarge Africa and
CBN says N65bn National Theatre ready by March 2023
By March of 2023, the N65 billion National Theatre rehabilitation project, which is being funded by the Bankers Committee and the Central Bank of Nigeria
Nigerian banks’ assets rise by N10tn, hit N66tn
The Central Bank of Nigeria’s most recent statistics show that between August 2021 and August 2022, the assets of Nigerian banks increased by N10 trillion,
Nigerian Firms Feel the heat of the economy as interest rates shoots up by 45%
The central bank’s move to hike interest rates is having an adverse effect on Nigeria’s largest companies, according to recent data showing an increase in
Zenith, UBA, and Sterling Bank Turn Shareholder Investments Into Profits During a Sell-Off
Even in the midst of a spectacular slide in banking stocks, the most liquid and well-capitalized lenders in Africa’s largest economy are effective at producing
N193 Billion In Maturing Treasury Bills Will Be Resold By CBN At Primary Market Auction
The N109.03 billion in treasury bills that are due in the primary market auction (PMA) was rolled over by the Central Bank of Nigeria (CBN)
Bank Customers Request An Extension Of The Deadline To Return Old Notes
As the country prepares for the introduction of new Naira notes and the phase-out of old ones, the Bank Customers Association of Nigeria (BCAN) has
Winner At The Nigerian Fintech Awards: Wema Bank’s ALAT Mobile App
The ALAT Application by Wema Bank, which defeated other FinTech apps nominated in the same category on the platform’s shortlist, was voted the Overall Best
