November 20, 2024
November 20, 2024

The Rising Wave of Fintech Companies in Nigeria: A Comprehensive Guide to the Digital Financial Revolution

[keypoints] The fintech industry in Nigeria is expanding quickly and drawing interest and investment from around the world. Lagos hosts over 200 fintech companies, generating $900M in revenue in 2022.…

September 27, 2024
September 27, 2024

Goodluck Jonathan Refutes Sanusi’s Claim of $49 Billion Missing from FG Accounts

[keypoints] Former President Goodluck Jonathan denied Emir Muhammad Sanusi II’s claim of $49 billion missing from the federal government’s accounts, asserting that the funds never existed and describing the allegations…

September 10, 2024
September 10, 2024

Nigeria’s Revenue Surges to N9.1 Trillion in Q1 2024 – Finance Minister

[keypoints] Revenue Surge: Nigeria’s federal revenue reached N9.1 trillion in Q1 2024, more than double compared to the same period in 2023. Effective Strategies: The increase is attributed to improved…

August 31, 2024
August 31, 2024

CBN Fires NIRSAL Executives Amid Major Restructuring Effort

[keypoints] CBN has fired all executive directors at NIRSAL, including the Managing Director and CEO, as part of a major restructuring effort led by Governor Olayemi Cardoso. The firings are…

June 26, 2024
June 26, 2024

CBN Restores IMTOs to Foreign Exchange Market

The Central Bank of Nigeria (CBN) has announced a new policy allowing International Money Transfer Operators (IMTOs) to sell foreign exchange directly on the Nigerian Autonomous Foreign Exchange Market (NAFEM),…

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