Customers Panic As CBN Bans Opay, Palmpay, Others’ New Accounts

Several bank customers have expressed fear because the Central Bank of Nigeria has prohibited fintech companies and mobile money providers from onboarding new clients. The...

CWG UNVEILS NEW GROWTH PLANS

Following its performance in 2023, the Computer Warehouse Group has announced its growth strategy for 2024 to supersede that of the previous year. CWG...

GLOBAL TRADE HITS MILESTONE IN 2023

Global trade has increased fivefold since 1995, reaching more than US$30.4 trillion in 2023, according to the World Trade Organization. In a report commemorating its...

FG SUSPENDS DANA’S AIR LICENSE

The federal government of Nigeria suspends Dana's air license following the walkway skidding on Tuesday, April 23, 2024.  The suspension occurred 24 hours after the...

$824BN RESOURCE-BACKED LOANS SLOW DOWN AFRICA’S GROWTH

Akinwumi Adesina, the PresidentPresident of the African Development Bank (AFDB), said on Wednesday, April 24, 2024, that the $824bn resource-backed loans are responsible for...

NIGERIAN CIVIL AVIATION AUTHORITY REOPENED LAGOS AIRPORT RUNWAY

The Nigeria Civil Aviation Authority reopened Lagos Airport's 18L runway shortly after a runway skidding occurred. Dana Airline, registered number 5N-BK, overshot the runway...

FX Spot Market Posts $12.61 Billion Turnover In March

According to the report, the total turnover in the money market (MM) segment increased by 18.77% month-on-month, reaching N11.87 trillion in March 2024. This...

BUSINESSMAN DRAGS MONIEPOINT AND MFB OVER ACCOUNT RESTRICTION

On Tuesday, April 23, a businessman with the X (Twitter) handle “AIS_Savita” recently posted a complaint against Moniepoint and Microfinance Bank (MFB) over restricting his account...

South Africa Successfully Navigates Foreign Policy Tightropes

South Africa has established itself as a leading voice among the countries of the Global South with its adept handling of the foreign policy. The...

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