Moniepoint and PayDay, two Nigerian fintech firms, have denied reports of a planned acquisition. WeeTracker, an African tech publication, had earlier reported that Moniepoint was set to acquire PayDay...
The Managing Director of the Nigeria Export Processing Zones Authority (NEPZA), Adesoji Adesugba, announced that the Free Trade Zones (FTZs) Scheme generated N35.1 billion in Customs Duty for the gove...
According to the Debt Management Office (DMO), Nigeria's total public debt increased from 39.56 trillion Naira to 46.25 trillion Naira ($103.1 billion) in 2022. This rise in debt is attributed to the ...
Wema Bank has announced the appointment of Mr. Moruf Oseni as the new Managing Director/CEO, effective from April 1, 2023. Oseni, who has been serving in an acting capacity since January 1, 2023, take...
Sports betting in Nigeria has a relatively short history compared to other countries like the US and Europe, with its oldest online sports betting company, Nairabet, established in 2007. Nigeria now h...
Foreign aid to Africa has been a touchy topic for decades, leaving so many unanswered questions about its necessity, purpose, what source nations demand in return, and if it has served its intended pu...
What is AfCFTAAfter roughly 6 years in the works, the African Continental Free Trade Area (AFCFTA) was finally formed in 2018. African leaders established it to create a centralized environment that w...
Overview Professional stockbrokers, securities dealers, portfolio and funds managers, and financial and investment analysts in Nigeria are governed, certified, and licensed by the Chartered Insti...
The 2023 Global Competitive Index (GCI) has been published, and while some African countries have moved up the ladder, others remained stable while others fell. We take a look at the 2023 index r...
The Federal Government (FG) is set to make free internet available in over 20 airports and schools in Nigeria, and the Federal Executive Council (FEC) has already approved it, as confirmed by the Mini...