CBN Blows Hot, Bans Sale Of Forex To BDCs

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The Central Bank of Nigeria has hit at the Bureau De Change (BDC) for illegal forex trading and will henceforth discontinue the sale of...

December Not Feasible For CBN Digital Currency Launch – Experts

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Experts have described the Central Bank of Nigeria’s (CBN) plan to launch a digital currency before the end of the year as unrealistic. The Publisher...

Renewable Energy In Africa: What’s In It For Investors?

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A new report by Africa Oil Week and Wood Mackenzie has highlighted that the global energy transition will drive divestment of oil and gas...

At $500 Million Valuation, Kuda Bank Becomes Nigeria’s 7th Most Valuable Bank

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It was recently reported that Kuda Bank raised $55 million in a Series B round at a valuation of $500 million. This comes just...

Eureka As Nigeria Accidentally Discovers Gas While Searching For Oil

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Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva, says the country has “accidentally” discovered 206 trillion cubic feet of gas reserves while searching...

Nigeria’s Revenue From Train Transport Surges To N926.7 Million iIn Q1 2021

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The total revenue made by the train transport body, Nigerian railway corporation in the first quarter of 2021 surged by 33% to stand at...

Can Nigeria Afford Petrol At N500?

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Right now, we are subsidising consumption in Nigeria. We sell at N165 per litre when our neighbours are selling at N500 per litre.” These were...

Visa Processes $1 billion On Crypto-enabled Cards

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Global payments giant, Visa, announced that its crypto-enabled cards processed more than $1 billion in total spending in the first half of 2021. The company...

Breaking: National Carrier To Take Off In 2022 – Sirika

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Hadi Sirika, the Minister of Aviation, has revealed that the new national carrier will commence operation in the first quarter of 2022. Sirika made this...

Breaking: Nigeria Records The Highest Number Of Fintech App Installs In Africa

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The pandemic has radically transformed how consumers interact with fintech and how it operates. Fintech experienced rapid growth, thanks to digital transformation in 2020. Mobile...