Fintech platform, PalmPay, says it has reached a milestone of 25 million users on its smartphone app.
It said it reached an extensive network of 500,000 mobile money agents and 300,000 merchants in its payment ecosystem.
A statement by the firm said the rapid growth within just four years of its market entry in Nigeria was a testament to the company’s robust strategy centred on offering secure…
President Bola Tinubu Thursday in Lagos said he could have chosen to maintain the multiple foreign exchange systems he met upon assuming office and benefit from it, but instead opted to unify the official and parallel market rates to save the country from financial…
The Nigerian Communications Commission is set to mandate telecommunication firms to attend to their customers within 30 minutes of arriving at any customer care center in the country.
This is based on a new document titled, ‘Draft Quality of Service Business Rules,’ on…
Grand Oak Limited says its premium bitter apéritif, Apperrito has won an award for Africa’s Most Innovative Premium Bitter Appetizer Beverage at the African Brand Innovators Summit 2023.
According to a statement, the event which took place in Lagos recently brought together prominent corporate bodies, industry leaders and innovators from across Africa to celebrate and recognise exceptional…
The Federal Government has so far saved about N400bn as a result of the removal of subsidy on Premium Motor Spirit, popularly called petrol, since May 31, 2023, when the initiative was officially implemented, oil marketers stated on Thursday.
Also, the oil dealers stated…
Lagos State governor, Babajide Sanwo-Olu, has rewarded the Lagos State University (LASU) record-breaking graduating Law student, Aminat Yusuf with a sum of N10 million.
Sanwo-Olu rewarded Yusuf who obtained a CGPA of 5.0 with the money on Thursday at the 26th convocation…
The Chief Executive Officer of Binance, Changpeng Zhao, has declared Nigeris’s subsidiary of the global cryptocurrency exchange platform as a scam.
Zhao made this known via his Twitter handle on Sunday, saying, “Binance Nigeria Limited a scam entity.”
“Binance has issued cease & desist notice to the scammer entity “Binance Nigeria Limited”. Don’t believe everything you read…
Lasu Law Student, Aminat Yusuf Graduates With 5.0, Breaking 40 Year Old Record
June 17, 2023
Ahead of its 26th convocation ceremony, the Lagos State University (LASU), Ojo, has announced Aminat Yusuf as the best-graduating student with a cumulative Grade Point Average (CGPA) of 5.0 in its 40 years history.
The university said Ms Yusuf from the Faculty of Law will…
International Monetary Fund to support Nigeria as the Naira is estimated at N663/$
June 17, 2023
The naira traded at 663.04/dollar at the close of business on Friday after a free fall following the Central Bank of Nigeria’s floating of the national currency against the dollar and other global currencies.
This means that the currency appreciated by about 5.9 per cent…
The average prices of goods rose the highest year-on-year in Ondo, Kogi, and Rivers states, according to the National Bureau of Statistics.
This is as inflation in the country rose to 22.41 per cent in May, the NBS disclosed. In the ‘Consumer Price Index’ for May 2023, inflation for the three states was higher than the national average.
The average prices of goods rose the highest year-on-year…