Payment giant, Visa announced in a statement on Monday (Jan. 13), that the company has made a move to acquire Silicon Valley startup, Plaid. This is a deal that is worth $5.3 billion.Plaid's API softw...
Figures released have shown that the revenue generated by the Nigerian power sector grew in the past three months by 33.93%, to settle at N184.26 billion.In September 2020, the Presidential Power Sect...
When you open a new bank account, you will always have the option of selecting the type of card you require. Visa, Verve, and Mastercard are the three different types of debit cards available. People ...
What is cryptocurrency?According to Investopedia, a cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Ma...
Treasury Bills are a type of debt instrument issued by CBN on behalf of the government to raise funds for spending. Treasury notes are another tool the CBN employs in its efforts to manage the economy...
After years of fixing FX prices, Nigeria's Central Bank floated the Naira in June. The loss of authority over the Naira was a critical step toward the elimination of Nigeria's numerous exchange rate w...
Yesterday's domestic stock at the Nigerian Stock Exchange (NGX) sustained the second trading session of the year with a gain of N847 billion as investors bargained for United Bank for Africa (UBA) and...
According to this week's analysis, there has been a forecast that the current bearish trend, which lasted last week, will continue this week as investors look for coverage in fixed-income instruments ...
The Central Bank of Nigeria recently announced that it has successfully cleared the backlog of foreign exchange owed by foreign airlines. The apex bank said it has successfully removed all verified cl...
FCMB Group Plc, a leading financial services group in Nigeria, was established in 1977 and became a public limited liability company in 2004. The Group has its headquarters in Lagos and a presence in ...