Economy

  By Emmanuel Nduka   United Bank for Africa (UBA) Plc, and Deutsche Investitions- und Entwicklungsgesellschaft mbH, a German Development Finance Institution, have entered into a $50m partnership to support Small and Medium Enterprises (SMEs) in...

By John Ikani  China has blocked cryptocurrency and decentralized finance (DeFi) accounts and influencers from Sina Weibo, which is the Chinese equivalent of Twitter. The move follows China’s pledge last month to accelerate its crackdown on...

By John Ikani Banks in Nigeria have commenced deduction of a flat fee of N6.58 for every banking transaction carried out on all Unstructured Supplementary Service Data (USSD) banking platforms. The banks in several circulars sent...

  By Chioma Iruke   Nigeria’s President, Muhammadu Buhari on Monday stated that his administration is working towards an ambitious goal of ramping up oil and gas production to at least four million barrels per day,...

By John Ikani  The Central Bank of Nigeria has perfected plans to increase the amount of foreign exchange allocated to banks, Vanguard reports. The planned increase is geared towards meeting the requests of customers and it...

By John Ikani Elon Musk has become the latest target for the renowned hacker group Anonymous as they warn the Tesla CEO to desist from posting disruptive messages that destabilises crypto market on social media. In...