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Nigeria lenders raise N2.2tr via capital market in 2024, says SEC
Posted in
  • Capital Market

Nigeria lenders raise N2.2tr via capital market in 2024, says SEC

Nigeria’s capital market regulator, the Securities and Exchange Commission (SEC) said banks in the country raised … Nigeria lenders raise N2.2tr via capital market in 2024, says SECRead more

by Purple Beige•January 24, 2025January 24, 2025
Banking recap: Wema Bank aproves fresh N200b capital raising
Posted in
  • Money Market

Banking recap: Wema Bank aproves fresh N200b capital raising

Wema Bank Plc has approved plans to raise additional N200 billion in combination of Rights & … Banking recap: Wema Bank aproves fresh N200b capital raisingRead more

by Purple Beige•January 24, 2025January 24, 2025
Winners emerge in InterswitchSPAK competition
Posted in
  • Money Market

Winners emerge in InterswitchSPAK competition

One of Africa’s leading integrated payments and digital commerce companies, Interswitch, has announced the winners of … Winners emerge in InterswitchSPAK competitionRead more

by Purple Beige•January 21, 2025January 21, 2025
Nigerians’ enrollment for for BVN increases to over 64.8m says NIBSS
Posted in
  • Money Market

Nigerians’ enrollment for for BVN increases to over 64.8m says NIBSS

The Nigeria Inter-Bank Settlement System (NIBSS) has said enrollments for the bank verification number (BVN) increased … Nigerians’ enrollment for for BVN increases to over 64.8m says NIBSSRead more

by Purple Beige•January 21, 2025January 21, 2025
N250b USSD debt: Telcos to disconnect banks soon
Posted in
  • Technology

N250b USSD debt: Telcos to disconnect banks soon

Telecom operators may have received the approval of the Nigerian Communications Commission (NCC) to disconnect some … N250b USSD debt: Telcos to disconnect banks soonRead more

by Purple Beige•January 14, 2025January 14, 2025
USSD debt: Banks complying with CBN, NCC directive to pay ₦212.5b to telcos
Posted in
  • Technology

USSD debt: Banks complying with CBN, NCC directive to pay ₦212.5b to telcos

Commercial banks owing telcos N250 billion USSD debt are complying with the joint order of the … USSD debt: Banks complying with CBN, NCC directive to pay ₦212.5b to telcosRead more

by Purple Beige•January 5, 2025January 5, 2025
CBN extends BDCs recap deadline by six months
Posted in
  • Money Market

CBN extends BDCs recap deadline by six months

The Central Bank of Nigeria (CBN) will be extending the recapitalisation deadline for Bureau De Change … CBN extends BDCs recap deadline by six monthsRead more

by Purple Beige•November 26, 2024November 26, 2024
Naira crashes against dollar on FX market
Posted in
  • Money Market

Naira crashes against dollar on FX market

The naira crashed against the dollar at both official and parallel foreign exchange markets to begin … Naira crashes against dollar on FX marketRead more

by Purple Beige•November 26, 2024November 26, 2024
Nigerian banks discriminating against visually impaired customers
Posted in
  • Specials(PWD)

Nigerian banks discriminating against visually impaired customers

The Centre for Infrastructural and Technological Advancement for the Blind (CITAB) has accused Nigerian banks of … Nigerian banks discriminating against visually impaired customersRead more

by Purple Beige•November 18, 2024November 18, 2024

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