The Central Bank of Nigeria (CBN) has officially approved Greenwich Trust Limited’s transformation into a holding company structure, now operating under the name Greenwich Holdings Limited. This approval marks a …
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Nigeria Set to Legalize Cryptocurrency Use While Strengthening Risk Controls
Nigeria is set to redefine its stance on digital assets. A new legislative bill will soon legalize cryptocurrency operations while addressing financial risk concerns. The proposed law aims to regulate …
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Stronger Fintech Collaboration is Key to Nigeria’s Digital Growth, Says Flutterwave Chairman
In a bold call to action, Dipo Fatokun, Chairman of Flutterwave Technologies Solutions Limited, emphasized the urgent need for greater collaboration within Nigeria’s fintech ecosystem. According to Fatokun, a unified …
- AfricaBanking, Finance & InvestmentBusiness and EconomyBusiness InsightsEconomyFinance & ServicesNewsNigeria
Enlumi launches Next-Gen Business Management Platform – Lumi Business to Help Businesses Streamline Key Operations
Enlumi, headquartered in Lagos has announced the launch of its B2B product—Lumi Business. The platform offers a comprehensive array of solutions, including but not limited to Point of Sale, Inventory …
- AFRICA NEWSFinance & ServicesNigeria
Nigeria’s debt jumps by 75% in three months, hits N87tn
by Editorby EditorThe Debt Management Office has said Nigeria’s total public debt hit N87.38tn at the end of the second quarter of 2023. The figure represents an increase of 75.29 per cent …
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Indian billionaire Anil Agarwal vows to pay $250-million Zambia debt
by Editorby EditorIndian billionaire Anil Agarwal has promised to pay $250 million, which Vedanta Resources, the mining company he controls, owes to suppliers as soon as he regains control of copper mines that …
- BusinessFinance & ServicesManufacturingSouth Africa
SA’s largest sugar producer gets money from IDC to complete it’s milling season
SA’s largest sugar producer, Tongaat Hulett, has received an undisclosed sum from the Industrial Development Corporation (IDC) to help it complete its milling season and do maintenance. Tongaat was place …
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Stanbic IBTC modernizes Kurba Primary School inYamaltu Deba LGA
The Kurba Primary School in Yamaltu Deba LGA in Gombe State has been renovated by Stanbic IBTC Holdings, a member of Standard Bank Group. The school was transformed by the …
- BusinessFinance & ServicesNigeriaWestern Africa
Federal Government approves new a whistleblower draft bill
The Federal Government, on Wednesday, approved a new whistleblower draft bill. It also lamented that the existing whistle-blowing policy launched on December 21, 2016, was losing momentum. The Minister of …
- BusinessEconomyEntrepreneurshipFinance & ServicesNigeria
Flour Mills boosts local content development and promotes SMEs through Innovation competition
Flour Mills of Nigeria Plc has announced the commencement and call for applications in the second edition of its ‘Prize for Innovation” competition. The annual competition, which started in 2021, …