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Money
E-payment Transactions In Nigeria Jumps To N284.9tn In Q1 2025 -NIBSS
As more Nigerians go cashless, the Nigeria Inter-Bank Settlement System (NIBSS) has disclosed that the electronic payment transactions in Nigeria rose to N284.9...
Naira Ends Stable In Last 5 Trading Days After External Reserves Jumps To $700m
This is indeed good news for the Nigerian as the naira ended the last five trading days largely flat across the various segments...
Lagos Behind Cape Town In Africa’s 2025 Nightlife Rankings, 14 In Global Level + Full List; Lagos Govt React
Time Out Magazine, a global lifestyle publication, has ranked Lagos State 14th position in the latest ranking of the world’s best nightlife cities,...
Afreximbank to Avail $75 Million to Central Bank of The Gambia in a Cross-Currency Swap
African Export-Import Bank (Afreximbank) has signed an agreement to avail a US$75-million five-year cross-currency swap to the Central Bank of The Gambia (CBG)...
Moody’s Upgrades Ecobank Ratings Outlook to Stable
Moody’s has affirmed Ecobank Transnational Incorporated’s (ETI) B3/Not Prime long- and short-term issuer ratings; B3 senior unsecured debt rating; b2 notional Baseline Credit...
SEC Clarifies Its Position On First Holdco Transaction
The Securities and Exchange Commission (SEC), on Thursday clarified its position regarding the recent First Holdco Transaction. According to statement released by the...
Afreximbank Shareholders Approve Key Resolutions and Reaffirm Support for Preferred Creditor Status
At the 32nd Annual General Meeting of Shareholders of the African Export-Import Bank (Afreximbank), held as part of the Bank’s 2025 Annual Meetings...
Nigeria Loses $18b Annually To illicit Financial Flows-FIRS Boss
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has disclosed that Nigeria loses an average of $18 billion...
