The Board of Directors of the African Development Fund (ADF) has approved $8 million to boost the banking system on the continent.
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Some bank customers on Friday alleged bank officials’ connivance with Point of Sale operators (PoS), which makes it difficult for them to easily have access to cash from Automated Teller Machines (ATMs).
The Central Bank of Nigeria (CBN) has urged Nigerians to embrace alternative payment channels such as e-Naira, USSD and other internet banking facilities in line with its cashless policy.
The Board of Executive Directors of the World Bank Group, has announced that a U.S. national, Ajay Banga was the only nominee for the position of the next President of the bank.
The Debt Management Office (DMO) on Thursday, disclosed that Nigeria’s total public debt stock increased to N46.25 trillion (equivalent to $103.11 billion) as of December 2022.
The Ekiti Government has threatened to sanction filling stations that reject Point-of-Sale (POS) transactions owing to the current cash scarcity in the country.
Chinese e-commerce giant Alibaba on Tuesday announced that it would split into six smaller business units.
The Cadbury Nigeria Plc, a subsidiary of Mondelēz International, has recorded gross earnings of N55.21 billion for the full year ended December 31, 2022.
ASHENEWS reports that the Nigeria Labour Congress (NLC), and the Trade Union Congress (TUC) have announced the suspension of their planned nationwide protest scheduled to commence on Wednesday over the scarcity of Naira notes.
The domestic stock market on Nigeria Exchange Ltd. (NGX) continued on a negative note as the market capitalisation on Monday dropped by N622 billion amid sustained profit-taking activities.