NairaDay

Nigerian banks are reinventing themselves in order to become more successful and increase their return on investment. This includes revamping their visual style, restructuring their operations, and rebranding their names...

Business News

Billionaire Femi Otedola Increases Stake in Transcorp with Strategic Acquisition

Web AdminApril 18, 2023April 18, 2023

Billionaire businessman Femi Otedola has further increased his stake in blue-chip companies with a recent acquisition of 5.52% in Transnational Corporation Plc. This acquisition, valued at N2.245 billion, was made...

Business News

NSIA Generates Over 245,000 Jobs and Achieves 10.5% Asset Growth in 2022

Web AdminApril 18, 2023April 18, 2023

The Nigeria Sovereign Investment Authority (NSIA) has reported impressive results for 2022, generating over 245,000 direct and 315,300 indirect jobs, and achieving a 10.5% growth in assets. Despite facing economic...

Business News

Nigeria’s Textile Imports Skyrocket to 15-Year High Despite Efforts to Boost Local Production

Web AdminApril 18, 2023April 18, 2023

Textile imports into Nigeria have reached a 15-year high, doubling in just two years, despite efforts by the federal government to revive local production. Data from the National Bureau of...

Press Release

Senex Group Launches First Web3 Incubator Hub In Nigeria

adminApril 7, 2023April 7, 2023

Senex Group, a multinational conglomerate with businesses across multiple industries on Sunday, 2nd April launched the first Web3 incubator hub in Nigeria to support and accelerate the development and growth...

news

How Open Banking is Redefining Financial Inclusion in Emerging Markets

Web AdminFebruary 15, 2023August 13, 2024

ByAbiodun Ayobami Picture this: A small-scale farmer in rural Nigeria, previously cut off from formal financial services, now able to access loans, make payments, and manage her finances through her...

NairaDay

Global Internet Access Reaches 5.5 Billion, But Digital Divide Persists, Says ITU Report

House of Representatives Approves President Tinubu’s 2025-2027 Medium-Term Expenditure Framework

NGX Reports Strong October Performance Despite Currency Volatility

Naira Strengthens in Official Market, Lags in Black Market After CBN’s Interest Rate Hike

CBN: Complete List of Nigerian Banks With New Names

Billionaire Femi Otedola Increases Stake in Transcorp with Strategic Acquisition

NSIA Generates Over 245,000 Jobs and Achieves 10.5% Asset Growth in 2022

Nigeria’s Textile Imports Skyrocket to 15-Year High Despite Efforts to Boost Local Production

Senex Group Launches First Web3 Incubator Hub In Nigeria

How Open Banking is Redefining Financial Inclusion in Emerging Markets

Global Internet Access Reaches 5.5 Billion, But Digital Divide Persists, Says ITU Report

House of Representatives Approves President Tinubu’s 2025-2027 Medium-Term Expenditure Framework

NGX Reports Strong October Performance Despite Currency Volatility

Naira Strengthens in Official Market, Lags in Black Market After CBN’s Interest Rate Hike

WHO Launches Initiative to Strengthen Global Pathogen Genomic Surveillance

CBN Announces New Guidelines for Interbank FX Trading via EFEMS

CBN Announces New Guidelines for Interbank FX Trading via EFEMS

Valour Launches First Dogecoin ETP in Sweden, Expanding Access to Cryptocurrency Investors

CBN Governor Affirms Naira Stability Amid Economic Challenges

FBN Holdings Launches N149.56 Billion Rights Issue to Strengthen Capital and Growth

85.6% of Nigeria’s Workforce is Self-Employed, NBS Report Shows

Informal Employment and Education Trends in Nigeria: Key Insights from Q2 2024 Labour Force Survey