Nigeria is undergoing a significant shift toward digital payment methods, with cash payments projected to decline by 32 percent by 2030, according to Worldpay’s Global Payment Report 2024 (GPR).This ...

The increase was due to payments to China’s Exim Bank, which rose to $182.04 million in Q3. Other creditors include the Exim ...

The Central Bank of Nigeria (CBN) has once again brought to the forefront a persistent yet underappreciated challenge in the ...

MoreMonee, formerly known as M&M MFB, is a leading financial service provider in Nigeria, transforming the banking landscape with innovative solutions for businesses ...

Nigeria's annual headline inflation eased to 23.18% in February, marking a decline from 31.7% a year earlier, according to data released by the National Bureau of Statistics (NBS). The drop followed a ...

Despite the IMF’s assessment that Nigeria’s debt, at 52.8% of GDP, remains within a “comfort zone,” concerns persist among economic experts. The World Bank’s threshold of 55% for developing countries ...

It is not clear why Nigerian authorities linked the purchase of National Bank to the divestiture of Access Bank in DRC and ...

Nigeria's annual headline inflation eased to 23.18% in February, the country's statistics agency said on Monday, a month ...

The amount dropped by $435.51m from $1.31bn total letter of credit payments made via official channels in 2023 to $873.1m in ...

This was according to a report by KPMG and blockchain analytics firm Chainalysis, which highlighted the growing role of ...

Artificial intelligence is already reshaping how people learn about money in other parts of the world. If Nigeria moves quickly, it ...