Insufficient funds: Banks’ reliance on CBN borrowing reaches a staggering N12 trillion.
There is evidence that both commercial banks and merchant banks are increasingly relying on the Central Bank of Nigeria for liquidity, with their borrowing...
“Banks, public sector banks (PSBs), and fintech companies should work together to promote financial inclusion in Nigeria, according to Eli Hini.”
Eli Hini, the CEO of MoMo and PSB Nigeria, emphasized that Nigeria holds a unique advantage over other African nations in terms of achieving...
“Nations that have achieved successful soft landings on the moon.”
India's Chandrayaan-3 has accomplished a significant feat by smoothly entering the lunar orbit, marking the most recent success in achieving a soft landing on...
Moniepoint Microfinance Bank has introduced its new application along with a debit card for improved services.
Moniepoint Microfinance Bank has unveiled its foray into the realm of personal banking through the introduction of a consumer app and a debit card.
According...
NALA Introduces Payment Services Enabling Transfers from the UK and EU to Nigeria
NALA, a Tanzanian fintech startup, has begun accepting payments from the United Kingdom and the European Union to Nigeria. Customers can use the app...
