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Digital Money can Facilitate Remittances – IMF

Digital Money can Facilitate Remittances – IMF

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Kristalina Georgieva, Managing Director, International Monetary Fund (IMF) says the world is witnessing a revolution in digital money that can make remittances easier, faster and cheaper.
The price of Bitcoin has fallen 3% over the past 24 hours to $36,250, retreating from its recent high near $38,000, which marks the largest digital asset's highest level since cryptos plunged into a brutal bear market in May 2022.

Bitcoin Retreats after Hitting $38,000 on Crypto Selloffs

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The price of Bitcoin has fallen 3% over the past 24 hours to $36,250, retreating from its recent high near $38,000, which marks the largest digital asset's highest level since cryptos plunged into a brutal bear market in May 2022.
How to Trade FOREX, Stocks, Cryptocurrency with Caution

How to Trade FOREX, Stocks, Cryptocurrency with Caution

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Trading foreign exchange currencies (FOREX) stocks, and cryptocurrency is popular in Nigeria as it is in other climes. Fluctuations in prices provide an opportunity

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NDIC Increases Maximum Deposit Insurance Coverage for Failed Banks

NDIC Increases Maximum Deposit Insurance Coverage for Failed Banks

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NDIC Increases Maximum Deposit Insurance Coverage for Failed Banks The Nigeria Deposit Insurance Corporation (NDIC), has reviewed upward the maximum deposit insurance coverage for depositors...
UBA's Leo Celebrates 6 Years of Impact, With New Offerings

UBA’s Leo Celebrates 6 Years of Impact, With New Offerings

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United Bank for Africa (UBA) Plc is celebrating the 6th year of operation of its flagship artificial intelligent Digital Assistant and Chatbot - Leo, and has announced new offerings aimed towards deepening the face of digital banking in Nigeria.
Fidelity Bank to Raise N32bn from Shareholders

Fidelity Bank to Raise N32bn from Shareholders

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Fidelity Bank Plc has proposed a capital raise of N32 billion from its shareholders to drive the lender’s growth agenda for the financial year 2024.
Moniepoint Introduces New Initiative to Reward Customers

Moniepoint Introduces New Initiative to Reward Customers

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Moniepoint Microfinance Bank (MfB) has introduced a new initiative “Moniepoint Personal Banking Refer and Earn” programme aimed at rewarding its customers this Christmas season.
Insurance Companies Collect N729.1bn Premium in First Three Quarters of 2023

Insurance Companies Collect N729.1bn Premium in First Three Quarters of 2023

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Insurance companies collected N729.1 billion as premium in the first three quarters of 2023, an increase of N196 billion over the N532.7 billion collected in the first three quarters of 2022.

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Chelsea Win Over Tottenham in Premier League Clash

Chelsea Win Over Tottenham in Premier League Clash

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Chelsea Win Over Tottenham in Premier League Clash   In a thrilling Premier League encounter at Stamford Bridge, Chelsea secured a convincing 2-0 victory against Tottenham...
Fuellkrug earns Borussia Dortmund 1-0 first-leg win over PSG

Fuellkrug earns Borussia Dortmund 1-0 first-leg win over PSG

Dortmund ready for PSG rematch after epic win over Atletico 

Dortmund ready for PSG rematch after epic win over Atletico 

Mbappe says winning Champions League matter of pride

Mbappe says winning Champions League matter of pride

Bayern Munich showdown is perfect game for Arsenal to hit back— Rice

Bayern Munich showdown is perfect game for Arsenal to hit back—...

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Oil Prices Climb Ahead of OPEC Output Decision

Oil Prices Climb Ahead of OPEC Output Decision

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Crude oil prices gained amid falling inventories and an uncertain economic backdrop, ANZ Bank said in a Friday note. Brent crude rose
Student Loan Application Portal to Open May 24 –Official

Student Loan Application Portal to Open May 24 –Official

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The student loan application portal will open on May 24, 2024, the Nigerian Education Loan Fund (NELFUND) has said.
FAAC Disburses N1.2Trn May Allocation to FG, States, LGs

FAAC Disburses N1.2Trn May Allocation to FG, States, LGs

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The Federation Account Allocation Committee (FAAC) disbursed a total of N1.208 trillion to the federal government, states, and
Africa’s Transformation: AfDB Inaugurates 2024 Economic Outlook Report

Africa’s Transformation: AfDB Inaugurates 2024 Economic Outlook Report

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The African Development Bank (AfDB), is set to inaugurate the 2024 edition of its flagship African Economic Outlook (AEO) to accelerate