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eTranzact says it is on track to explore the network of the Nigerian Postal Services to reduce the unbanked population in the country to 10 per cent before the end ...

Following the recent commencement of trading on the Nigeria Interbank Foreign Exchange (NIFEX), and the announcement of the movement from the official exchange rate to a market-determined system, Wema Bank ...

Though there may not be specific statistics but it’s a fact that over 90% of small businesses in Nigeria fail. A number of factors contribute to this failure; these factors ...

Ecobank is reviewing its expansion strategy following a decline in profits and may pull out of some African countries to focus on its most promising markets, chairman Emmanuel Ikazoboh told ...

Africa’s leading integrated payment and transaction processing company, Interswitch Transnational, has named First Bank Nigeria Plc the first financial institution in the country to achieve a transaction volume of 100 ...

In what could be adjudged a transparent move, Nigeria's commercial banks have asked customers to submit bids ahead of the start of new interbank foreign exchange trading on Monday, a ...

Board of directors of Wapic Insurance plc, a multi-line West African insurance firm, has announced that Wapic has established a Global Depositary Receipts (GDR) programme with the Bank of New ...

Nigeria's commercial banks will set the first exchange rate of the naira versus the dollar when the currency is allowed to float freely on Monday after the central bank abandoned ...

Five states have so far completed the process of borrowing from the Federal Government’s facilitated N90bn budget support loan from the private sector. The Akwa Ibom State Governor, Mr. Udom ...

Following the provision of N1.5 billion made by Bauchi State Government as contribution to farmers’ equity that will also settle interest charges, farmers in the State can access about N15 ...