Business

Nigerian banks, FinTechs to launch cNGN Stablecoin February 27 A consortium of Nigerian financial institutions, fintechs, and blockchain experts, the Africa Stablecoin Consortium (ASC) is set to launch a compliant Nigeria Naira (cNGN) stablecoin on February 27, 2024.   Nairametrics had first reported that Nigerian banks and FinTechs are collaborating to develop and ...

AAS CEO Jesam Michael Praise President Tinubu for Lifting Ban on Cryptocurrency… Advise Nigerians to Embrace AAS Token Leading Fintech expert in Nigeria, Jesam Micheal has applauded the President Tinubu Led government for the official lifting of the ban by the CBN on Cryptocurrency in Nigeria and charged the Nigerians ...

Video: Port Harcourt refinery commences operation The Port Harcourt Refining Company, PHRC, Limited, with a combined capacity of 210,000 barrels per day, commenced operation on Wednesday, in fulfilment of the promise made by this administration. According to a video posted on X by one Pastor Okezie under the handle @ONsogbu, ...

ZENITH BANK MAKES WORLD FINANCE 100 LISTING FOR 2023 Zenith Bank Plc has been listed in the World Finance 100 2023 released by World Finance Magazine, achieving the feat as the only Nigerian company in the prestigious and exclusive listing. Zenith Bank’s inclusion in this elite list underscores the bank’s ...

FirstBank UK Adopts Bloomberg TOMS to Optimize Fixed Income Workflow      Bloomberg announced today that FirstBank UK Limited (FirstBank UK), the UK subsidiary of First Bank Nigeria Limited, the premier West African bank, has adopted Bloomberg’s Trade Order Management System (TOMS). By integrating TOMS into its workflow, FirstBank UK ...

Ecobank Shines At DBN Awards, Bags Three Laurels … Gets commendations from Stakeholders Ecobank Nigeria won 3 prominent awards signifying its’ support for MSME’s in Nigeria at this year’s Development Bank of Nigeria (DBN) Annual Service Ambassador Awards ceremony held in Lagos recently. The Bank bagged the following strategic awards ...

Access Compromised: How Access Bank Expensive, Porous Financial Security  The primary function of banks is to make sure the money deposited with them and the data of their customers’ are kept safe at all times. This is the reason the current situation in Access Bank, a bank that used to ...

FIRSTBANK REWARDS CUSTOMERS WITH 170,000,000 WORTH OF CASH PRIZES IN ITS WIN BIG PROMO  FirstBank, Nigeria’s premier financial institution and leading financial inclusion services provider, has launched the Win Big promo to reward and delight its valued customers. The four-month promo, which started on 23 October 2023 and will run ...

FirstBank Celebrates Annual Week of Kindness, Partners NCF to Begin Planting of 50,000 Trees Over Three Years In furtherance of its leading role in promoting socio-economic development, Nigeria’s premier and leading financial inclusion services provider, has announced the commencement of its Annual Corporate Responsibility and Sustainability Week. For the past ...

Dollar Scarcity: FG Begins talks with World Bank, solution underway – Wale Edun Minister of Finance, Wale Edun, has assured Nigerians that a solution to the Dollar scarcity crisis in the country is underway.   He made this disclosure yesterday following a meeting with World Bank officials on how to ...