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Companies

GTCO’s Habaripay Dominates Fintech as Total Payment Value Surges 8,620% to N12.14trn

HabariPay Limited, a fintech subsidiary of Guaranty Trust Holdings (GTCO) Plc, has consolidated its dominance of the fintech industry as the company magnifies digital payments while helping businesses in...

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PZ Cussons May Exit Africa After Sales Fall in Nigeria

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PZ Cussons Plc put its Africa business under review, potentially pivoting away from the region in which it was founded...
Companies

GTCO’s Habaripay Dominates Fintech as Total Payment Value Surges 8,620% to N12.14trn

Editor -
HabariPay Limited, a fintech subsidiary of Guaranty Trust Holdings (GTCO) Plc, has consolidated its dominance of the fintech industry...
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Emefiele Printed N684.5m With N18.9bn, says EFCC in Fresh Charge

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The Economic and Financial Crimes Commission has filed a fresh charge at the High Court of the Federal Capital...
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Naira Weakens as CBN Sells Dollars to Bureau de Changes at N1,021/$

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The naira weakened for a third straight day after hitting three-month highs as the Central Bank of Nigeria (CBN)...
Energy

Dangote Refinery Slashes Diesel, Aviation Fuel Prices to N940, N980

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Dangote Petroleum Refinery on Tuesday announced a further reduction in the prices of both diesel and aviation fuel to...
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Bullying: Abuja Police Deploy Officers to Lead British International SchooI

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The Federal Capital Territory Police Command has deployed its officers to the Lead British International School, Abuja, over viral videos...

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CBN Partners Money Transfer Companies in Bid to Double Remittances to Nigeria

The Central Bank of Nigeria (CBN) has secured the cooperation of some International Money Tranfer Organisations (IMTOs) to double...
Economy

Nigeria Set To Receive Fresh $2.2bn World Bank Loan – Edun

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The Federal Government is set to receive around $2.2 billion single-digit interest loan from the World bank and another...
Economy

FAAC Shares N1.1trn March 2024 Revenue To FG, States, LGCs

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The Federation Account Allocation Committee (FAAC) on Friday shared a total sum of N1.123 trillion March 2024 Federation Account...
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Banks Keep N17.26trn With CBN as Monetary Tightening Restricts Lending

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Monetary tightening by the Central Bank of Nigeria (CBN) is restricting lenders from extending credit to support an ailing...
Economy

Nigeria’s Inflation Rate Surges to 33.2% in March

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Nigeria’s headline inflation rate reached 33.2 percent in March 2024. This represents a 1.5 percentage points year-on-year (YoY) increase...
Economy

CBN Bans Forex Collateral on Naira Loans, Sells Dollars to BDC’s at N1,101/$

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The central bank on Monday offered to sell dollars to the country’s bureaux de change (BDC's) at the highest...

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