Finance sector loses over N2tr to cybercrooks
In 2022, the Nigerian financial sector recorded financial losses worth more than N2 trillion to cybersecurity breaches, Chief Executive Officer and Co-founder, Cybervergent, Adetokunbo Omotosho, […]
finance
Nigeria lost huge forex defending naira, says Finance minister
The Federal Government took the right step by instituting forex reforms and freeing forex previously used to defend the naira, Chief Executive Officer, Ministry of […]
UBA secures $150m trade finance facility from Afreximbank
United Bank for Africa (UBA) has secured $150 million trade facility from the African Export-Import Bank (Afreximbank). The facility forms part of Afreximbank’s Ukraine Crisis […]
JumiaPay, Trove Finance partner
JumiaPay has partnered Trove Finance, an online investment platform, to simplify investment. This partnership enables Trove’s customers to leverage JumiaPay to fund their investment accounts, […]
Malami praises Finance Acts 2020, 2021
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has applauded the Finance Acts 2020 and 2021 for bringing the Capital Gains Tax […]
Africa requires $2.7trn to finance climate change needs – Adesina
As issues relating to climate change continue to take centre stage, it has been revealed that Africa would need about 2.7 trillion dollars by 2030 […]
Leadway Pensure: RSA holder gets 25% mortgage finance
Leadway Pensure PFA Limited, one of Nigeria’s Pension Fund Administrators (PFAs), has completed a mortgage transfer to its enrolee in tandem with the National Pension […]
BoI, Emerging Africa Group to increase collaboration on access to finance
The Bank of Industry (BoI) and Emerging Africa Group have reiterated their commitments to enhancing access to finance to Nigerians through increased collaborations between the […]
IFC, Union Bank partner on trade finance for SMEs
To boost access to finance for smaller businesses in Nigeria and to support increased trade, IFC yesterday announced a partnership with Union Bank of Nigeria […]
Buhari inaugurates Ministry of Finance Board, Council
President Muhammadu Buhari yesterday inaugurated the Governing Council, Board of Directors and Executive Management Team of the Ministry of Finance Incorporated (MOFI). Buhari performed the […]