Financial Services

Nigeria’s telecom industry faces mounting operational costs, driven largely by its dependence on diesel-powered generators. According to the State of...

SanlamAllianz has officially launched its operations in Nigeria, marking a significant step toward improving access to insurance and financial services...

The Nigeria Deposit Insurance Commission (NDIC) has officially commenced the payment of liquidation dividends to creditors of Premier Commercial Bank,...

In 2024, five Nigerian banks generated a combined N1.695 trillion in pre-tax profit from their foreign subsidiaries, which accounted for...

The African Export-Import Bank (Afreximbank) has challenged Fitch Ratings’ recent decision to revise its outlook on the institution to negative,...

The Office of the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, SAN, on Monday clarified its...

The United Nations Economic Commission for Africa (ECA) has raised the alarm over Africa’s annual loss of an estimated $40...

Africa’s banking sector remains under-leveraged despite holding an estimated $2.5 trillion in total assets, limiting its ability to finance long-term...

As of May 2025, the number of companies registered and licensed to offer digital lending services via mobile apps has...

Bureau De Change (BDC) operators under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) say that...