President Tinubu’s executive order diverting oil revenues from the NNPC to the federation account has triggered a ...

No fewer than nine million of Nigeria’s poorest households received direct cash transfers under reforms backed by the World Bank’s International Development Association, the Federal Government has ...

Nigeria is witnessing a cash squeeze in budget implementation. The Central Bank of Nigeria is reporting too much cash in the economy; the ministers in charge of key sectors are claiming low release of ...

A Moniepoint report on Nigeria's nightlife economy reveals bank transfers now dominate payments over cash, with food sales ...

A fresh study by Moniepoint has shown that electronic transfers have overtaken cash as the dominant payment method in Nigeria’s nightlife economy.

KANO — Low global oil prices have hurt Nigeria's economy, taking it to the brink of recession. But the resulting cash crunch has also had a more unexpected effect -- on mass weddings. More than 10,000 ...

Nigeria has secured a $1 billion innovation fund to support start-ups operating in the marine and blue economy sector, as the country intensifies efforts to diversify its economy away from oil. The ...

"The Plan B is around the cash calls," Adeosun told Reuters and the Financial Times in an interview in Lagos when asked how the budget would be funded if revenue projections fell short. Nigeria's ...

Stanbic IBTC Bank’s innovative API-led cash management solution delivered transformative impact in Nigeria’s power sector in 2024, addressing longstanding inefficiencies in payment validation and ...