Category : Finance

Nigeria finance updates, treasury bills, bonds, exchange rates etc

Hippolite Amadi, Nigerian Scientist Wins $100,000 Prize for Work in Keeping Newborns Alive.

NigGalSeptember 25, 2023September 25, 2023

The winning innovations comprise a non-invasive Neonatal Ventilator, an Oxygen Delivery Blender System, and an Oxygen Splitter System, all powered by solar energy. Hippolite Amadi,...

Brands

Guaranty Trust Bank partners with Infosys Finacle.

NigGalSeptember 25, 2023September 25, 2023

Nigeria-based Guaranty Trust Bank has partnered with Infosys Finacle to use the latter’s services for its multi-country digital banking transformation program. Following this announcement, the Guaranty Trust Bank will...

Press Releases

Wema Bank hosts Hackahokics digital summit for innovators.

NigGalSeptember 25, 2023September 25, 2023

WEMA Bank, Nigeria’s innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the launch of the Hackaholics Digital Summit 2023, Africa’s...

Finance

CBN postpones MPC meeting indefinitely

NigGalSeptember 21, 2023September 21, 2023

The Central of Nigeria (CBN) has postponed its fifth Monetary Policy Committee (MPC) meeting of 2023 earlier scheduled for September 25th and 26th. Isa AbdulMumin,...

Brands

Glo Emerges ‘Outstanding Telecom Brand Of The Year’

NigGalSeptember 21, 2023September 21, 2023

Foremost telecommunications company, Globacom, last weekend garnered two prestigious awards at the 2023 Brands and Advertising Awards organized by brand and marketing communication industry giant,...

Brands

Air Peace Orders Five New Embraer E175 Aircraft Worth US$288.3m.

NigGalSeptember 18, 2023September 18, 2023

Air Peace, West Africa’s largest airline, yesterday placed a firm order for five Embraer E175 aircraft. This strategic decision marks a significant step forward and...

Brands

Stanbic IBTC Pension Managers Unveils FUZE Talent Show 2.0 For Nigerian Youths.

NigGalSeptember 15, 2023September 15, 2023

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has unveiled the highly anticipated second season of its transformative initiative – FUZE Talent Show. ...

Press Releases

Yellow Card and MoonPay Collaborate to Enhance Crypto Accessibility in Nigeria.

NigGalSeptember 12, 2023September 12, 2023

In a significant move towards expanding cryptocurrency accessibility in Nigeria, Yellow Card (https://YellowCard.io/), a pioneering African fintech company, has joined forces with MoonPay, a global...

Press Releases

Leverage Edu announces investment of ₦800 million at G20 as it expands further operations in Nigeria.

NigGalSeptember 11, 2023September 11, 2023

Nigeria is one of the fastest growing study abroad markers in the world, and already accounts for nine percent of LeverageEdu’s total global business. Study...

Press Releases

Flutterwave launches CBN-backed Swap, partners Wema, Kadavra to make speedy FX available for Nigerians.

NigGalSeptember 11, 2023September 11, 2023

Flutterwave, Africa’s leading payments technology company has announced the launch of Swap, powered by Flutterwave, in partnership with Wema Bank and Kadavra BDC. Swap is...

Press Releases

Fubara to create ₦4bn Enterprise Fund with Bank of Industry.

NigGalSeptember 7, 2023September 7, 2023

Rivers State Governor, Siminalayi Fubara has reeled out the achievements of his administration in his first one hundred days in office. Governor Fubara in a...

Finance

Naira rebounds, trades 850/dollar at parallel market

NigGalAugust 17, 2023August 17, 2023

The naira rebounded against the United States dollar at the parallel market on Wednesday, closing at 850/dollar. This came about two days after the Central...

Brands Finance

MTN Nigeria issues N100bn Commercial Papers.

NigGalAugust 17, 2023August 17, 2023

MTN Nigeria has announced plans to issue N100bn commercial paper notes under its Commercial Paper Issuance Programme. The Telecom company disclosed this in a corporate...

Training & Workshops

How To Benefit in the Ongoing MTN Foundation Sixth ICT & Business Skills Training.

NigGalAugust 17, 2023September 25, 2023

Applications are now open for the sixth phase of the MTN Foundation’s ICT and Business Skills training program. The capacity-building program is a youth development initiative...

Brands

Optimus Bank commences operations.

NigGalAugust 17, 2023August 17, 2023

Optimus Bank Limited, a fully licensed national commercial bank, has officially commenced its operations in the country. During the grand opening and formal launch of...

CSR Press Releases

MTN, Mastercard, Exponential Consulting empower 20,000 women entrepreneurs.

NigGalAugust 16, 2023August 16, 2023

The MTN Foundation on Tuesday said it had entered into a partnership with Mastercard Foundation and Exponential Consulting Ltd. to train 20,000 women entrepreneurs. The...

Finance

Naira slump: CBN clamps down on speculators, restricts diaspora remittances

NigGalAugust 15, 2023August 16, 2023

Following the tumbling of the naira at the parallel market in recent times, the Central Bank of Nigeria has started introducing foreign exchange intervention measures...

Finance