30 results
- 30 Sept 2024
SmartCash Named MSME Payment Service Bank of the Year
SmartCash Payment Service Bank, a subsidiary of Airtel Nigeria, has been honored as the MSME Payment Service Bank of the Year at the prestigious inaugural Nairametrics-The Economic Forum MSME Awards,…
- 7 May 2024
Nigeria May Re-introduce Telecom Tax to Obtain new $750m World Bank Loan
Nigeria may reinstate a previously suspended telecom tax and other fiscal measures as it seeks to secure a new $750 million loan from the World Bank, as per Nairametrics report. This is according to…
- 8 May 2023
MTN Nigeria Gets NCC Approval to Lease Spectrum from NTEL
Nigerian Communications Commission (NCC) has approved a spectrum lease transaction between MTN Nigeria and Natcom Development and Investment Limited (NTEL), according to report by Nairametrics .. The…
- 25 Jan 2024
NOVAmbl Asset Management Dollar Fixed Income Fund Named Best Performer of 2023
NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics, the leading financial information and content creation company based on…
- 27 May 2021
CBN Reportedly Planning Digital Naira amid Bitcoin Crackdown
Central Bank of Nigeria (CBN) is planning on launching a digital version of the Nigerian Naira. According to Nairametrics , this was made known by Godwin Emefiele, governor, CBN at the 279th monetary…
- 30 Apr 2024
Banks Lose N2.09Bn to Frauds in Q4 2023 – FITC
Nigerian banks lost a total of N2.09 billion to frauds in Q4 2023 with mobile emerging as the top channel through which the largest amount was lost, according to report by Nairametrics. This was…
- 29 Sept 2024
Polaris Bank emerges Nigeria’s top bank in MSME lending
Nigeria’s leading digital retail commercial bank, Polaris Bank was adjudged at the weekend as Nigeria’s topmost bank in lending to the Micro, Small and Medium Enterprises (MSMEs). The award…
- 11 Sept 2024
Court Freezes N548.6m of Nigerian Crypto Users over Naira Fluctuation
Federal High Court has ordered that the bank accounts of suspected cryptocurrency users on ByBit, KuCoin, and other platforms have N548.6 million frozen by the Economic and Financial Crimes…
- 12 Jun 2025
Court Declines Access Bank’s Request to Freeze MTNN Account over N180Bn Claims
Federal High Court in Lagos has declined Access Bank Plc’s request to freeze the bank accounts of MTN Nigeria Communications Plc over a disputed N180.95 billion debt claim linked to a long-expired…
- 24 May 2022
A call for Better Compliance to News Media Ethics: The Case of the Rumoured Acquisition of Jumia by Zinox
By Adeola Olanloko Last week, Nigeria’s business media was awash with the speculation that Leo-Stan Ekeh, the chairman of Zinox Technologies and owner of the Konga e-commerce platform is on his way…
- 25 Sept 2019
MTN, Other Fintechs Ring Danger for Banks- OPay Boss
Iniabasi Akpan, country manager for OPay in Nigeria, has said traditional banks should be worried about the fintechs and telecommunications companies granted approval by the Central Bank of Nigeria…
- 11 Mar 2024
MTN Nigeria Invests $120m to Boost 5G Coverage, Plans Further Expansion
Mr. Modupe Kadri, chief financial officer, MTN Nigeria has revealed that the company invested over $120 million in expanding 5G coverage in the last two years. These investments boosted 5G coverage…
- 3 Oct 2024
Polaris Bank Emerges Nigeria’s Top Bank in MSME Lending
Polaris Bank, a money deposit retail bank in Nigeria, has been recognised as the country’s top bank in Micro, Small, and Medium Enterprises (MSME) lending at the inaugural MSME Finance Awards 2024.…
- 28 Jul 2024
TSTV Seeks Court Protection to Prevent Irreparable Business Losses in Nigeria
The legal team of Telecom Satellites Limited (TStv) has asked the Federal High Court in Abuja to grant its “restraining” requests to prevent the business from suffering irreparable losses in Nigeria,…
- 1 Jun 2025
First Asset Management Receives 2024 Fund Manager Award
First Asset Management Limited, a subsidiary of First HoldCo Plc, has received the prestigious Fund Manager of the Year 2024 award. This accolade was conferred during the inaugural Capital Market…
- 18 Oct 2023
Kippa Shuts Down KippaPay,, to Sack Workers
Kippa, fintech company, is shutting down its offline payment product, KippaPay, a payment solution enabling users to send and receive payments from customers and perform extended payment…
- 10 Dec 2023
Fidelity Bank, Others Top List of Most Capitalized Banks in Q3 2023
Fidelity Bank, leading financial institution, has been listed as one of most capitalized banks in Nigeria based on Q3 2023 financial results. According to an article published in Thisday newspapers,…
- 14 Mar 2024
NOVA Merchant Bank Attracts $65.12m FDI in 2023
NOVA Merchant Bank, a leading merchant bank in Nigeria, has firmly established its presence in Nigeria’s banking landscape and beyond as it has achieved a remarkable 76.1% increase in Foreign Direct…
- 18 Mar 2024
DLM Asset Management Set to Host Webinar to Discuss Financial Stability in Times of Economic Distress
DLM Asset Management Limited, a subsidiary of DLM Capital Group, is hosting a webinar with the theme, "Maintaining financial stability in times of economic distress." The much-awaited webinar, slated…
- 20 Apr 2024
AMN Activates Starlink Cellular Backhaul Connectivity in Nigeria
Africa Mobile Networks Group (AMN) has said that its first of its base stations in Nigeria to connect to SpaceX’s Starlink constellation is now live and using the LEO satellite network for backhaul…
- 25 Jun 2024
NGX Fines 9 Firms N76.8m for Late Filing of Annual Reports
Nigerian Exchange Limited (NGX) has imposed a N76.8 million fine on nine quoted companies for failure to file their audited financial statements after the regulatory due date, according to…
- 13 Nov 2024
Jiji Honoured as Best in Retail Range Excellence, Unveils Mega Black Friday Discounts Across categories
Jiji, Africa’s online marketplace, has been awarded the prestigious title of "Best Retail Organization in Range Excellence" at the Africa Retail Awards 2024. The event was hosted by the Africa Retail…
- 4 Dec 2024
Polaris Bank and Amtis Skills Place Partner to Empower Young Designers
In its determination to produce the next generation of young designers who will go on to capture the imagination of the world in fashion, Polaris Bank partnered, with Amtis Skills Place, a body…
- 30 Jun 2025
Nigeria Ranks 3rd in Africa for Ransomware Threats –INTERPOL
Nigeria recorded 3,459 ransomware threat detections in 2024, placing it third on the continent behind Egypt and South Africa, according to INTERPOL’s newly released 2025 Africa Cyberthreat Assessment…
- 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…
- 21 Oct 2025
SEC Asks Nigerians to Avoid Shalom Coin over High Fraud Risks
Securities and Exchange Commission (SEC) has issued a warning to the public about a cryptocurrency called Shalom Coin (SHLM), which is being advertised as a potential investment token issued on the…
- 2 Dec 2025
DStv Subscribers May Lose CNN, Discovery, TLC in 2026
DStv subscribers may lose access to 12 major Warner Bros. Discovery (WBD) channels, including CNN International, Discovery Channel, TLC, and Cartoon Network, from Jan. 1, 2026, if MultiChoice and WBD…
- 5 Dec 2025
CBN’s New Cash Policy: A Welcome Liberalisation or a Risky Retreat?
By Blaise Udunze On December 2, 2025, the Central Bank of Nigeria (CBN) announced a policy that significantly departs from the cash-restriction measures Nigerians have faced lately. The apex bank…
- 17 Mar 2026
SEC Shuts Over 400 Fraudulent Investment Schemes, Arrests Operators
Securities and Exchange Commission (SEC) has warned that unregistered schemes pose serious risks for investors. This is coming after the commission announced that it has shut down more than 400…
- 29 May 2026
Telcos Mull Calculator to Address Data Depletion Complaints
Mobile Network Operators (MNOs) may introduce data calculator to enable users to measure their data usage and address complaints of rapid data depletion. Data depletion is the rapid exhaustion of…