News at the speed of light
Visa, a global leader in digital payments, has announced a collaboration with the United States Agency for International Development (USAID) aimed at promoting open, secure, and inclusive digital…
Airline Operators in Nigeria have confirmed that they are now purchasing Jet A1 fuel from Dangote’s refinery, following high costs associated with importing the aviation fuel. The spokesperson…
The Gombe State Government has approved a new minimum wage of N71,500 for civil servants, effective from October 2024. This decision was confirmed after the signing of a…
The Central Bank of Nigeria (CBN) has called on banks to significantly increase their investment in cybersecurity to protect depositors’ funds from hackers. Speaking at the Nigeria Economic…
The Nigerian equities market experienced a decline for the third consecutive trading session, as investors lost N5 billion amidst sell-offs. The All-Share Index (ASI) fell by 9.95 points,…
The Central Bank of Nigeria (CBN) has reiterated its commitment to safeguarding the stability of the Nigerian financial system. In a statement issued by Acting Spokesperson Hakama Sidi-Ali…
Polaris Bank has been named Nigeria’s leading bank in lending to Micro, Small, and Medium Enterprises (MSMEs) at the inaugural MSME Finance Awards 2024. The award, organized by…
Prudential Insurance Group plc has acquired the remaining 49 percent stake in Prudential Zenith Life Insurance Ltd (PZL), solidifying its ownership to 100 percent. The global insurance giant…
The Central Bank of Nigeria (CBN) has approved the sale of $20,000 to each eligible Bureau De Change (BDC) operator at an exchange rate of N1,590 per dollar.…
The Federal Government has approved an upward review of the Consolidated Public Service Salary Structure (CONPSS) following the enactment of the Minimum Wage (Amendment) Act of 2024. This…
