Finance

This is according to the data released by the Nigeria Inter-Bank Settlement System (NIBSS).

BVN registration database rises to 55 million in July 2022

August 8, 2022

Japan’s SoftBank plans to merge internet unit Yahoo Japan with messaging app operator Line to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals like Rakuten.

Japan’s SoftBank posts $17bn fund loss on tech slump

August 8, 2022

The stimulus package, set up by the apex bank in March 2020, is disbursed through the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Microfinance Bank.

NIRSAL Microfinance Bank introduces salary advance, loans for traders

August 8, 2022

A former Minister of Finance, Dr. Shamsuddeen Usman, has been appointed as the Chairman of Citibank Bank Nigeria.

Shamsuddeen Usman named Citibank’s chairman

August 8, 2022

The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit in commercial banks grew by 7.61 percent in October 2020, compared with 7.35 percent in the previous month.

CBN auctions N2.89 trillion NTBs in 7 months, records 39.47% oversubscription

August 7, 2022

The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Nigerian government’s borrowing from central bank hits ₦20 trillion

August 6, 2022

Suleiman was arraigned by the Economic and Financial Crimes Commission (EFCC), Kaduna Zonal Office.

EFCC move to clamp down on forex hoarders

August 6, 2022

The National Insurance Commission (NAICOM) will soon commence the enforcement of compulsory insurance in the Federal Capital Territory (FCT).

NAICOM to enforce compulsory insurance

August 4, 2022

NDIC warns Nigerians not to insure investment with fund managers

August 2, 2022

Ex-Budget Office boss: How Nigeria can tackle forex crisis

August 2, 2022

L-R: New Executive Director, North Bank, Ms Emem Usoro; Group Chairman, Mr. Tony Elumelu; New Group Managing Director/CEO, Mr. Oliver Alawuba; and New Deputy Managing Director, Muyiwa Akinyemi, during the corporate event to announce the appointments of new GMD and Executive Directors for UBA Group, held at the Tony Elumelu Amphitheatre, UBA House, Lagos on Monday.

UBA appoints new group managing director, other executive members

August 1, 2022

FILE PHOTO - A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. REUTERS-Yuriko Nakao-File Photo

Sri Lanka to take action against violators of forex law

August 1, 2022

The Board of Directors of Ecobank Nigeria Limited has announced the appointment of Ichie (Dr) Nnaeto Orazulike as a Non-Executive Director.

Ecobank Nigeria appoints non-executive director

August 1, 2022

Apple Pay could finally be compatible with Microsoft Edge, Google Chrome, and Mozilla Firefox in iOS 16. MacRumors contributor Steve Moser found that Apple Pay works with Edge and Chrome in the iOS 16 beta 4, and shared his findings on Twitter.

Apple Pay may finally work on Chrome, Edge, and Firefox in iOS 16

July 30, 2022

Nigeria’s former Minister of Education, Oby Ezekwesili, has called on the Central Bank of Nigeria Governor, Godwin Emefiele, to resign and stop embarrassing Nigeria.

Group asks Muhammadu Buhari to suspend Godwin Emefiele as central bank governor

July 30, 2022