Nigerian Deposit Money Banks (DMBs) have borrowed over N9 trillion from the Central Bank of Nigeria (CBN) to maintain their operations amid a significant liquidity crunch in the financial system. …
A recent report has revealed that digital payments across Africa are expected to reach a staggering $1.5 trillion by the year 2030. This growth is largely driven by the increasing …
The Central Bank of Nigeria (CBN) has declined the nomination of Dr. Adewale Bolorunduro, a former Commissioner for Finance in Osun State, as a Director of the state-owned Living Trust …
In a significant move to bolster agricultural productivity and ensure food security, Nigeria and Brazil have entered into a $1.1 billion agreement. This collaboration aims to enhance Nigeria’s agricultural infrastructure …
The Professional Excellence and Development Institute of Nigeria (PEDIN) has inaugurated a new set of state executives, in a bid to deepen professional ethics, leadership capacity and career development across …
Nigeria’s leading financial institutions are gearing up for a show of strength as the SAT Nigeria SME Awards approaches, with banks such as Providus Bank, Wema Bank, and Access Bank …
In a landmark development for Ethiopia’s financial sector, the Ethiopian Capital Market Authority (ECMA) has granted licenses to five new capital market service providers, including the country’s inaugural investment banks. …
In a significant financial development, the Ugandan government amassed a total of Sh2.27 trillion in February 2025 through the issuance of its securities, as detailed in the latest economic performance …
The South African Reserve Bank (SARB) recently opted to keep the benchmark interest rate steady at 7.5%, a move that has drawn criticism from economists who believe the central bank …
Nigeria’s annual inflation rate experienced a notable decline in February 2025, easing to 23.18% from 24.48% in January, according to the National Bureau of Statistics (NBS). This marks the second …
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