Business/Economy

AfriGO Introduces Instant PoS Settlement for Merchants CHIGOZIE AMADI Afrigopay Financial Services Limited (AFSL), a subsidiary of the Nigeria Inter-Bank Settlement System (NIBSS) has launched an instant settlement process for AfriGO card transactions at point-of-sale (POS)...

Musawa: We’re Facilitating $100bn Investment Opportunities for Culture, Creative Industry Players CHIGOZIE AMADI Minister of Arts, Culture and Creative Economy, Hannatu Musawa, has explained that the ministry is creating opportunities in the creative and cultural economy...

Cybersecurity: Nigeria to Deploy IPV6 Technology to Track Internet Users, Transactions CHIGOZIE AMADI The federal government is to deploy and implement the latest Internet Protocol Version (IPV6) in the country to enable the country to identify...

CBN records $553m remittance inflows for July CHIGOZIE AMADI The Central Bank of Nigeria (CBN), says it recorded a significant increase in remittance inflows of 553 million dollars in July. According to a statement issued by CBN’s...

NiMet forecasts three-day rainfall in FCT, 17 states CHIGOZIE AMADI The Nigerian Meteorological Agency has predicted three days of rainfall across the Federal Capital Territory and 17 other states. The agency disclosed this in its weather outlook...

S.Mobile boosts digital services with new API CHIGOZIE AMADI S.Mobile has officially launched its application programming interface for distributing MTN data bundles, aiming to enhance digital service delivery. This new solution, according to the Enugu-based company, is...

Ogun FTZ: Chinese embassy keeps mum on controversial deal CHIGOZIE AMADI The Chinese Government on Monday distanced itself from the legal scuffle between the Ogun State Government and the Chinese company, Zhongshan Fucheng Industrial Investment Company...

Banks’ assets rise to N121.8tn — EnterpriseNGR CHIGOZIE AMADI The total assets of the banking sub-sector of Nigeria’s Financial & Professional Services Sector, has risen by 56.14 per cent to N121.8tn. This was disclosed in the State...

Equity market loses N1.6tn in six days CHIGOZIE AMADI The Nigerian Stock Exchange extended its bearish trend to the sixth consecutive trading session, losing N1.6tn during this period. The All Share Index fell by 1.36 per cent,...

Firm, NIBSS partner to boost POS transactions CHIGOZIE AMADI Zone Payment Network Limited, formerly known as Appzone, has collaborated with the Nigeria Inter-Bank Settlement System to enhance POS transactions across the country. According to a statement made...