Business & Economy

A vulnerability in the largest consumer bank in Nigeria has been brought to light

Haruna Oseni, a 32-year-old programmer (alias used for privacy), was surprised when he followed his friend's advice to open an account using his mother's...

Why Oyo is Transforming the 46.3-Hectare Agodi Gardens Forest into an Estate

The Commissioner of Lands, Housing, and Urban Development in Oyo State, Mr. Williams Akin-Funmilayo, assured that the Baywood Estate project will not encroach upon...

Increased Competition for OPay, Kuda, Moniepoint, and Others Emerges with CBN’s Approval of a New Microfinance Bank

The Central Bank of Nigeria (CBN) has officially granted a state license to Alert Microfinance Bank, empowering it to expand and innovate to better...

The Central Bank of Nigeria (CBN) has declared a temporary halt to accepting new loan applications within its intervention program

In a communication titled "Suspension of Acceptance of New Applications under the Existing Central Bank of Nigeria, CBN Development Finance Intervention Programme," directed to...

The amount of currency in circulation surpasses the level before the naira redesign, reaching N3.4 trillion in December- CBN

The Central Bank of Nigeria (CBN) has revealed that the currency in circulation (CIC) has surged to a new annual peak of N3.4 trillion...

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