COVID-19 Raises Nigeria’s Mobile Banking To N16trn – IMF
The value of mobile money transactions increased to 9.72 per cent of Nigeria’s Gross Domestic Product in 2020 as the COVID-19 pandemic lockdowns pushed more people to Internal banking and other digital transaction.
However, the number of...
PenCom, Others Move To Bridge N16trn Housing Deficit
Plans are underway to allow pension contributors access 25 per cent of savings in their respective Retirement Savings Accounts (RSAs) for mortgage finance. The new arrangement is to enable the federal government to close the over N16trn...
Capitalisation Hits N16tn In The Equities Market As Bulls Sustain Hold
The bullish trading at the Nigerian equities market continued wednesday with the Nigerian Stock Exchange (NSE) All-Share Index rising by 1.89 per cent to close higher at 44,885 while market capitalisation ended at N16.08...
