Wema Bank ALAT Clinches Nigeria’s Best Digital Bank Award at Euromoney 2025
In a major global recognition of Nigeria’s rapidly evolving digital banking sector, ALAT, Africa’s first fully digital bank and a brainchild of Wema Bank, has been crowned Nigeria’s...
Excess Cash in Circulation and CBN’s Silent Liquidity War, by Rahma Olamide Oladosu
There is a quiet war unfolding beneath the surface of Nigeria’s monetary landscape and its implications stretch far beyond the policy chambers of the Central Bank. It...
Dangote Fuel Discount Scheme Halted Over Fraud Claims
The Dangote Petroleum Refinery and Petrochemicals has uncovered a fresh racket involving some of its affiliate marketers and strategic partners who have been diverting subsidised refined petroleum products for profit, prompting the...
Cement Stocks Drive NGX to N833bn Gain
The Nigerian Exchange Limited (NGX) gained momentum on Thursday as cement stocks pushed the market capitalisation higher by N833bn, buoyed by strong investor interest.
The benchmark All-Share Index rose by 1.02 per cent or...
Electricity Subsidy Surges by 220%, Reaches Almost N2trn
The Federal Government’s electricity tariff subsidy jumped from N610bn in 2023 to N1.94tn in 2024. This represents a 219.67 per cent increase in yearly subsidy funding, despite the Band A tariff hike...
Nigeria’s Cashless Revolution and its Distant Destination, by Rahma Olamide Oladosu
It is difficult if not impossible to ignore the buzz surrounding Nigeria’s growing dominance in real-time payments. At a recent digital finance summit, the Central Bank of Nigeria boldly...
