CBN Slams N150m Fine on Banks for Funding Currency Hawkers

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The Central Bank of Nigeria (CBN) has issued a strong warning to Deposit Money Banks (DMBs), announcing a hefty fine of N150 million per...

IMF Chief Commends Nigeria’s Economic Reforms

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International Monetary Fund (IMF) Managing Director Kristalina Georgieva has praised Nigeria's recent economic reforms under the leadership of President Bola Tinubu. Following a meeting...

NITDA and TikTok Partner to Foster Online Safety in Nigeria

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The National Information Technology Development Agency (NITDA) and TikTok have joined forces to promote online safety and digital well-being in Nigeria. The partnership, under...

VerveLife Continues to Empower Youth Through Wellness and Community Building

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VerveLife, Africa's premier wellness program, has further solidified its position as a leading advocate for healthy living and community engagement. The seventh edition of...

Zenith Bank Powers Innovation: N77.5m in Prizes Awarded at Tech Fair

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Zenith Bank has once again demonstrated its commitment to fostering innovation and empowering young talents. The bank's fourth annual Tech Fair, themed "Future Forward...

Interswitch Highlights Border Restrictions as Hurdle to African Digital Growth

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Akeem Lawal, Managing Director for Payment Processing and Switching at Interswitch, has identified rigid border systems and currency disparities as major obstacles hindering the...

Government’s Economic Reforms Set Stage for Industrialization and Job Creation

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Finance Minister Wale Edun has announced that Nigeria's macroeconomic environment is now stable and investor-friendly, thanks to the government's recent economic reforms. These reforms,...

Nigeria’s Debt Burden Grows: World Bank Exposure Hits $17.1bn

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Nigeria's financial landscape continues to be dominated by a mounting debt burden, with the country's exposure to the World Bank's International Development Association (IDA)...

PenOp Raises Alarm Over 18-Month Delay in Federal Government Pension Payments

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The Pension Fund Operators Association of Nigeria (PenOp) has raised concerns over the Federal Government's prolonged delay in disbursing accrued pension rights to retired...

Nigeria’s Chidimma Adetshina Makes History as Miss Universe 2024 First Runner-Up

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Chidimma Adetshina, the reigning Miss Universe Nigeria 2024, has made history by finishing as the first runner-up at the 73rd Miss Universe pageant. The...