Mobile technology is changing how Nigerians interact with the financial market, especially in the fast-growing area of foreign exchange trading, also known as forex. With a population of over 220 …
Finance & Services
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Finance & ServicesNigeriaTechnologyTrade and Commerce
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The Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD), Tolulope Odunaiya, has reiterated the agency’s commitment to improving the welfare of Nigerian pensioners under the Defined Benefit Scheme (DBS). …
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BusinessDevelopmentEconomyEventsFinance & Services
Wema Bank Launches N2m Grant for Women Entrepreneurs Ahead of SheCan 6.0 Conference
Wema Bank has announced a N2 million business grant targeted at empowering women entrepreneurs in Nigeria. The grant will be issued through its women-focused platform, SARA by Wema, in collaboration …
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BusinessEconomyEnergyFinance & ServicesOil & Gas
FCT High Court Nullifies ICC Arbitration in Aiteo’s $3bn OML 29 Oil Deal Dispute
An Abuja High Court sitting in the Federal Capital Territory (FCT) has declared as null and void the arbitration proceedings initiated against Aiteo Eastern Exploration and Production Company Limited at …
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The International Monetary Fund (IMF) has pledged to maintain its support for Nigeria’s tax reform efforts through the Federal Inland Revenue Service (FIRS), especially as the country prepares to implement …
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EconomyFinance & ServicesInnovationInsurance
Ugandan Insurers Urged to Create Retirement-Focused Products
Ugandan insurance companies have been advised to develop more retirement-friendly insurance products to tap into the country’s fast-growing pension and retirement sector. This was the key message during the inaugural …
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AviationCrimeFinance & ServicesNigeriaSecurity
Customs Intercepts Ahmed Salisu with N653.9m Cash at Kano Airport
The Nigeria Customs Service (NCS) has announced the interception of a suspected currency smuggler, Ahmed Salisu, at the Aminu Kano International Airport, Kano, with undeclared foreign currencies amounting to N653.9 …
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Banking, Finance & InvestmentBusinessFinance & ServicesFintechInsuranceTechnology
PalmPay Launches In-App Insurance Services to Boost Financial
PalmPay, one of Africa’s leading digital banking platforms, has announced new strategic partnerships with top insurance providers in a move to introduce simplified and affordable insurance products directly within its …
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EconomyFinance & ServicesGhanaInfrastructureINVESTMENTTrade and Commerce
Ghana Urged to Use GH¢200 Billion Pension Funds for Infrastructure
The Founder and Senior Partner of AB & David Africa, Dr. David Ofosu-Dorte, has urged the Ghanaian government to focus more on using local pension funds, rather than depending on …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesTechnology
Nigerian Banks Resume Naira Debit Card Use for International Transactions
Nigerian banks have resumed the use of naira debit cards for international transactions and online payments, more than three years after suspending the service due to acute dollar scarcity. The …