Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Nigeria's cashless economy is booming as instant transfers surge to ₦572 trillion, causing a decline in POS transactions and reshaping the country's financial system.
The Nigerian Securities and Exchange Commission (SEC) is urging stakeholders in the Nigerian capital market to embrace innovation as a driver of economic growth and sustainable development. Dr. Emomotimi Agama, Director-General of the SEC, highlighted the potential of innovative financial instruments and fintech to unlock new opportunities and address socio-economic challenges. The SEC is committed to fostering a regulatory environment that encourages responsible innovation in the Nigerian capital market, focusing on sustainability and collaboration among stakeholders.
Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Nestoil rejected reports linking it to First Bank's dividend halt, blamed a CBN forbearance directive, and threatened defamation suits against banks and media.
United Bank for Africa, Heirs Holdings-backed Redtech and MoMo PSB launched a cardless payment partnership, enabling wallet payments across 55,000 RedPay terminals nationwide.