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The Sale of Polaris Bank And Why Nigeria Must Stop Bailing Out Failing Banks
Polaris bank has been sold. The buyer paid N50 billion and will repay another N1.3 trillion over 25 years: “As part of its intervention, the...
Polaris Bank Sold by Central Bank of Nigeria and AMCON
Following the approval of the sale of Polaris Bank by the House of Representatives on Wednesday, the Central Bank of Nigeria (CBN) and the...
Nigeria to Pioneer Domestic Card Payment System in Africa by January 2023
The Central Bank of Nigeria (CBN) together with other key financial players in Nigeria is set to launch Africa’s first payment card by January...
Nigeria Announces Plan to Convert N20tn CBN’s Ways and Means Loans to 40-year Bonds
As Nigeria continues to grapple with growing public debt, the federal government, overwhelmed by debt-servicing, has been pushing to restructure its debt.
Although last week,...
Five Key things to note about the New Nigerian Startup Act
The president assented to the Nigerian Startup Act, yesterday, the 19th of October, 2022. This new law basically, is to ameliorate the huddles technology...