30 results
- 11 Aug 2026
Nigerians Borrow More to Buy Homes as Mortgage Demand Climbs - CBN
Credit demand for house purchases by Nigerian households rose to 9.6 index points in the second quarter of 2026 (Q2 2026), indicating increased borrowing for personal home acquisition. The Central…
- 3 Jul 2020
Analysts See Surge of Blockchain Tech Market
Blockchain technology’s burgeoning market is set to exceed the billion-dollar mark, with a new report crediting rising demand for immutability of information on networks. The Blockchain Technology…
- 9 Jun 2026
Report Faults Banks over N91.1 Trillion Sterilised at CBN
A report by the Alliance for Economic Research and Ethics (AERE), has criticised commercial banks for abandoning their core intermediation role to support economic growth as N91.1 trillion remained…
- 23 Mar 2023
The Exciting Relationship Between Women and Mobile Money in Africa
By Rashi Gupta, Group Chief Operating Officer at MFS Africa The success of mobile money in Africa is well known. If you’ve paid any attention to the continent’s financial and technology spaces over…
- 12 Dec 2013
Telcos Under Investigation over Fraudulent Promos
House of Representatives has mandated its Committee on Communications to investigate alleged unwholesome practices by telecommunication operators in Nigeria. The lawmakers drew the attention of the…
- 10 Oct 2013
Effective Credit System Critical for Telecoms Growth – Airtel Boss
Segun Ogunsanya, chief executive officer (CEO) and managing director of Airtel Nigeria, has identified effective credit management system as a critical factor for the growth of stakeholders in…
- 11 Sept 2020
First virtual Google for Startups class graduates
The first virtual class of Google for Startups Accelerator Africa is graduating this week. The first all-online iteration of Google’s accelerator program for African startups has seen 20 startups…
- 22 Jun 2020
Google Selects 20 Startups for Class 5 Accelerator Africa Programme
Twenty startups have been selected for Class 5 of Google’s Accelerator Africa programme. Previously called Google Launchpad Accelerator Africa, Google for Startups Accelerator Africa Class 5…
- 1 Jul 2026
S&P Sees Increased Loan Losses for Nigerian, African Banks Amid Global Risks
Nigerian banks are expected to contend with elevated loan losses through 2026 as high interest rates, persistent inflation and the withdrawal of regulatory forbearance continue to weigh on the…
- 29 Aug 2025
FirstBank’s ₦1 Trillion Digital Lending Milestone: A New Era of Inclusive Finance
For decades, Nigeria's credit system posed significant challenges for small businesses and low-income earners, who often struggled to qualify for loans. Traditional banks demanded collaterals,…
- 9 Jul 2026
Study Reveals How Moniepoint is Powering Nigeria's $11Bn Food Service Sector
A new case study by Moniepoint Inc., Africa's all-in-one financial ecosystem platform for individuals, businesses and their customers, traces four decades of Nigeria's food service industry and…
- 22 Jul 2019
Why Central Banks Need to Take Human Rights More Seriously
Many central banks are rethinking their approach to the environmental and social impact of their operations. According to Danny Bradlow, SARCHI Professor of International Development Law and…
- 20 Jan 2026
CBN Raises Alarm over Loan Defaults by Households, Corporates
Banks recorded an increase in loan defaults by households and corporates in the fourth quarter of 2025, reflecting growing repayment pressures on consumers and businesses, latest Credit Conditions…
- 28 Jun 2024
IFC Partners Deutsche Bank to Boost Trade Finance in Africa with a Focus on Small, Fragile
To help provide vital financing to importers and exporters of essential goods in Africa, especially in small, fragile, and conflict-affected states, IFC announced a risk-sharing facility with…
- 14 Dec 2022
Bank of Industry, IFC Partner to Empower MSMEs
The International Finance Corporation (IFC) and the Bank of Industry (BoI) have partnered to strengthen trade and boost access to finance for micro, small and medium-sized enterprises (MSMEs) in…
- 7 Jun 2010
FirstBank Gross Earnings Up by 28.8 Percent in Nine Months
First Bank of Nigeria Plc, has recorded growth of 28.8 per cent in gross earnings in its financial year ended December 31, 2009, despite the challenges being experienced in the nation’s…
- 19 May 2015
IMF to Promote Greater Data Transparency in Developing Countries
Good data can help policymakers identify and manage financial vulnerabilities. And while the quality of data from advanced economies is getting better and more accessible to the public, data from…
- 13 Oct 2023
The AI-Blockchain Nexus: Redefining Tech's Future
By Emmanuel Ebanehita, the Chief Marketing Officer of Fuse Network The convergence of Artificial Intelligence (AI) and blockchain has emerged as a transformative catalyst. This fusion promises to…
- 27 Nov 2025
CBN’s 303rd MPC Meeting: A Technocratic Victory, an Economic Setback, and a Missed Opportunity on Nigeria’s Real Crisis
By Blaise Udunze The Central Bank of Nigeria (CBN) 303rd Monetary Policy Committee (MPC) meeting arrived at a time of unprecedented tension within the Nigerian economy. The country has not faced a…
- 23 Jan 2026
How Inside Jobs and Policy Shocks Trigger Nigeria’s Rising Loan Crisis
By Blaise Udunze The latest in the Nigerian banking sector, as banks grapple with the recapitalization compliance deadline, is confronted with a familiar yet unsettling problem that stems from rising…
- 14 Jan 2014
CBN Asks Banks to Pay 30% MPR on Savings
Central Bank of Nigeria (CBN) has asked banks to pay a minimum of 30 per cent of Monetary Policy Rate (MPR) as interest on savings accounts, meaning that at the current MPR of 12 per cent, saving…
- 21 Jun 2016
Key Reasons Africa Must Enforce SIM Cards Registration- Nadeem Juma
The increasing level of fraud, terrorism and other illicit uses, are part of major reasons regulators across Africa must not soft-pedal on the clampdown on unregistered SIM cards, in addition to the…
- 16 Oct 2025
How Nigerian Banks Built a N219 Trillion Asset Empire on Depositors’ Funds
By Blaise Udunze In the first quarter of 2025, Nigeria’s 10 largest banks proudly reported a combined total asset base of N218.99 trillion, up from N212.75 trillion at the end of 2024, according to a…
- 25 Dec 2014
Banks’ Assets Hit N26.3trn in October
Central Bank of Nigeria (CBN) said that the total assets of banks in the country rose by 1.5 percent to N26.3 trillion in October. The apex bank disclosed this in its economic report for October,…
- 19 Apr 2023
CBN Fueling Inflation it Seeks to Curb - Report
Central Bank of Nigeria (CBN) continued financing of the government’s fiscal deficit is limiting the impact of its longest phase of monetary tightening since 2011 as rising money supply drives…
- 13 Aug 2018
Wirecard Targets Africa in Expansion Plan
German technology solutions company, Wirecard AG intends to pursue an aggressive growth strategy into East and West Africa, during this fiscal year. Peter Stenslunde, executive director of Wirecard…
- 11 Jan 2024
FBNQuest Expects Banks to Maintain Tight Risk Mgt Frameworks
Citing the tight credit environment, FBNQuest Research has predicted that deposit money banks (DMBs) in the country are likely to maintain tight risk management frameworks in the months ahead. The…
- 28 Sept 2009
Mobile Application Sales to Hit 165 Million by 2009
The number of smartphones sold each year is expected to hit 165.2 million by the end of 2009 and to reach 422.96 million in 2013, with the total number of smartphone users approaching 1.6 billion,…
- 3 Mar 2017
Mastercard, Unilever Join Forces to Empower SMBs in Emerging Markets
Mastercard and Unilever have announced a strategic partnership to collaborate on a range of joint initiatives aimed at empowering small and micro businesses in emerging markets. By combining their…
- 11 Jun 2018
Path Solutions Achieves Eight Consecutive GoodAccreditation Standard
Path Solutions has announced that its Islamic core banking platform, iMAL has received the GoodAccreditation standard for the eighth consecutive year. This accreditation is awarded to companies based…