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.
The UN condemns the abduction of more than 200 pupils and teachers in Niger State and urges authorities to protect schools and secure the victims’ safe return.
Nigerians are dealing with nonstop reports of kidnappings, attacks and insecurity. These seven practical steps can help people manage the emotional weight and stay grounded.