NOTABLE NIGERIAN BANKING APPS FOR MONITORING IN 2024(COMPLIED BY; PETER OLUKA and JOAN AIMUENGHEUWA)

Acess Bank PLC FCMB Fidelity Banking Premier Bank GTBANK Stanbic IBTC Sterling Financial United Bank of Africa (UBA) Wema Financial Zenith Banking The landscape of personal finance has evolved with the integration of mobile banking into the daily routines of numerous consumers. A recent examination by Mastercard, a global leader in payments and technology, reveals […]

17 mins read

CELEBRATING TWO DECADES, FACEBOOK RECORDS A STAGGERING 3.03 BILLION DAILY ACTIVE USERS.

Facebook’s largest user group, comprising nearly a third (29.9%), falls within the 25-34 age range. The age distribution includes 4.8% (13-17 years), 21.5% (18-24 years), 19.4% (35-44 years), 11.6% (45-54 years), 7.3% (55-64 years), and 5.6% (65 years and above). Below are the lists of sites own by Facebook. Meta-Owned Platforms: SocialHub Pixify ChatSphere Connect […]

3 mins read

THE CENTRAL BANK OF NIGERIA ADDRESSES CLAIMS OF INTENT TO CONVERT $30 BILLION IN DOMICILIARY ACCOUNTS TO NAIRA.

The Central Bank of Nigeria (CBN) has refuted claims of any intentions to convert $30 billion deposits in domiciliary accounts to naira, dismissing the statement as untrue. An article on Saturday had suggested that the apex bank was contemplating a policy shift to transform foreign currencies in the domiciliary accounts of citizens into Naira, with […]

1 min read

IN GHANA: POLICYS RATES ARE CUTS AS INFLATIONS EASES

Ghana’s central bank implemented a significant reduction in its primary interest rate, decreasing it by 100 basis points to 29% on Monday. This marks the first instance of a rate cut since 2021, prompted by a consistent decline in inflation over the past five months, particularly in December. The nation has been actively restructuring its […]

1 min read

COMMITTEE PROPOSAL: USSD PAYMENT OF TAXES AND ADDITIONAL OPTIONS

In the realm of Nigerian business news concerning federal taxes, Taiwo Oyedele, the head of the federal committee for tax reform, emphasized the committee’s proposal for utilizing Unstructured Supplementary Service Data (USSD) and various digital platforms for tax and levy payments across the three tiers of government. During a public forum on Wednesday, Oyedele addressed […]

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TINIBU WILL SACK MINISTERS WHO FAIL TO DELIVER ON THEIR MANDATE- THE SPECIAL PRESIDNTIAL ADVISERS

On today’s news headline, Hadiza Bala who happens to be the special adviser to President Bola Tinibu Asiwaju spoke during the opening of the technical retreat for delivery desk officers of federal ministries on the implementation of presidential priorities and ministerial deliverables in Uyo, Akwa Ibom Stat. She pressed on the system made by the […]

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GREEN LIGHT FOR CYPTO IN SOUTH AFRICA? 50 APPLICANTS SHORTLISTED FOR THE FIRST EVER LISCENCE.

South Africa’s crypto regulator has stated that 50 license applications have been referred to the licensing committee for review, with the decision on their status to be announced in “a few weeks.” It is reported the South Africa’s Financial Sector Conductor Authority (FSCA) will issue licenses to crypto asset service providers (CASPs) in the next […]

4 mins read