Finance

Buy now, pay later: 1.9m Nigerians applied to join consumer credit scheme – MD

The Managing Director and Chief Executive Officer, Nigerian Consumer Credit Corporation, Uzoma Nwagba, has said that over one million Nigerians have submitted applications for the consumer credit scheme three weeks…

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Lasted Finance

Nigeria’s e-commerce industry estimated to hit $14.92bn by 2029

Nigeria’s e-commerce industry has been forecast to grow at a  compound annual growth rate (CAGR) of 11.82% to $14.92bn in 2029.…

Court orders forfeiture of Emefiele’s $1.4m bribery proceeds

The Federal High Court in Lagos, on Wednesday, ordered the interim forfeiture of $1,426,175.14 linked to former Governor of the…

JUST IN: FG, OPS increase minimum wage offer to N57,000

The new minimum wage negotiation between the organised labour, organised private sector and Federal government took an interesting turn late midnight as the…

Yahaya Bello: Hearing In EFCC Chair’s Motion Against Contempt Proceedings Stalled

Hearing of an ex-parte motion for stay of proceedings filed by EFCC Chairman, Mr Ola Olukoyede, against contempt charge instituted…

Bank customers pay N119bn charges for e-banking services

Customers of eight commercial banks paid N119.3 billion as service charges for electronic business (e-biz) transactions in the first quarter of…

More Pressure On Naira Ahead Possible Interest Rate Hike

Financial experts have said there are concerns that the Central Bank of Nigeria (CBN) low net FX reserves and the…

CBN withdraws circular on cybersecurity levy

The Central Bank of Nigeria has retracted its directive asking banks and payment service providers to collect and remit the…

Crypto exchanges begin delisting Naira from P2P platforms, says SEC

The Securities and Exchange Commission, SEC, yesterday, disclosed that crypto exchanges have commenced delisting of the Naira from Peer-to-Peer (P2P) trading…