Nigeria’s foreign exchange (FX) market started the week positively on Monday, with the naira strengthening to N1,572.86 per dollar from N1,602.75/$1 on Friday in the official market. On the parallel market, the national currency closed at N1,590 per dollar on Monday, showing improvement from the N1,605/$1 recorded on Friday. Several analysts anticipate further stability in […]

Ernst and Young, a global professional services firm, has disclosed that approximately 17 out of the existing 24 Deposit Money Banks (DMBs) in Nigeria may struggle to meet the Central Bank of Nigeria’s proposed recapitalization requirement if it is raised from the current N25 billion. In a recent report titled “Navigating the Horizon: Charting the […]

Given the pivotal importance of financial inclusion in national development and the establishment of a sustainable economy, Tosin Eniolorunda, Group CEO of Moniepoint Inc, has reaffirmed his organization’s commitment to enhancing financial inclusion and promoting the adoption of technology among underserved consumers in the country. Speaking at the 16th edition of the Leadership Newspapers Conference […]

TekSight Edge Limited, a prominent Nigerian digital PR agency, recently celebrated its 10th anniversary, marking a remarkable journey and significant impact on brands and communities throughout the continent through cutting-edge data analytics. Headquartered in Lagos, with offices in Ghana, Kenya, and Rwanda, the agency has executed award-winning campaigns for various brands, including the Lagos state […]