In the last five years, point of sale (POS) transactions have become the most preferred option for a lot of Nigerian Bank customers. These customers would rather prefer to visit POS outlets to carry out transactions, because it saves them…
Nigerian and African-focused Fintech company, Flutterwave is preparing for an initial public offering (IPO) on the Nasdaq stock exchange, even as it deals with regulatory hurdles in its key markets. Chief financial officer of the company, Oneal Bhambani, disclosed that…
Just recently, the federal government of Nigeria has proposed to borrow over N11 trillion to finance the proposed 2023 budget deficit, a development far above the stipulated threshold in the fiscal responsibility act. This was disclosed by the Minister of…
Recall that the Economic And Financial Crimes Commission (EFCC) late last month, and in August, stormed some hubs of Bureau De Change (BDC) operators in Abuja, Lagos, and Kano, in what sources disclosed was a convert operation to dislodge currency…
Economic growth in Nigeria accelerated faster than expected in the second quarter of 2022, surpassing analysts’ estimation. Reports disclose that the increase in Nigeria’s GDP was majorly driven by the growth in the non-oil sector. The country’s National Gross Domestic…
