Archives for MONEY MARKET - Page 5
Is Nigeria Borrowing to Survive or to Build?
BY BLAISE UDUNZE Nigeria is no longer flirting with deficit financing. As a country, it is living with it, not occasionally but structurally, routinely, almost comfortably. It became evident when…
AfriGO Cards Now Available for Request on PalmPay App
BY NGOZI ONYEAKUSI AfriGO cards are now available on PalmPay, enabling Nigerians to request for the national domestic card directly through the PalmPay mobile app. This integration expands access to…
ACCESS BANK APPOINTS IFEYINWA OSIME AS BOARD CHAIRMAN
BY NGOZI ONYEAKUSI Access Holdings Plc has announced that the Board of Directors of Access Bank Plc , its flagship subsidiary, has appointed Mrs. Ifeyinwa Osime as Chairman of the…
World Bank’s Nigeria Portfolio Hits $16bn Amid Efforts to Accelerate Growth, Job Creation
The World Bank yesterday put its total ongoing, approved development projects and lending operations in the country at over $16 billion spread across several interventions including education, health, social protection,…
Moniepoint celebrates decade of impact
...disburses over ₦1 Tri to empower small businesses in 2025 BY NGOZI ONYEAKUSI Moniepoint Inc., Nigeria's definitive platform for small businesses and Africa’s all-in-one financial ecosystem, today released its 2025…
Why Access Champions Africa’s Biggest Race
On a particular Saturday each February, before dawn breaks over Lagos and thousands of participants prepare for the event, the city is filled with an unmistakable sense of anticipation. Roads…
FCCPC Cracks Down On Defaulting Digital lenders
The Federal Competition and Consumer Protection Commission (FCCPC) has begun enforcing regulations against Digital Money Lending (DML) operators that failed to regularise their status under the Digital, Electronic, Online and…
Expert Calls For Asset Sales, Balance Sheet Reset To Tackle Nigeria’s Rising Debt’
Tilewa-Adebajo, CEO, CFG Advisory ...Firm Warns Budget Adjustments Not Enough To Address Debt Burden …Nigeria Risks Prolonged Period Of Fiscal Fragility, Missed Opportunities As Nigeria grapples with mounting…
FCMB Secures National Licence, Eyes Global Scale
BY NGOZI ONYEAKUSI FCMB Group Plc has secured a national banking licence for its flagship banking subsidiary after completing a major capital raise, positioning the lender to maintain domestic operations…
Cash rush: ATM withdrawals jump 198% to N36tn
Nigerians continued to lean heavily on cash withdrawals despite higher automated teller machine charges introduced by the Central Bank of Nigeria, as the value of ATM transactions jumped to in…
