Money

After a riotous February, naira seems to be on a new price-discovery path even as multiple estimates agree the currency is currently trading below its “fair value”, suggesting a significant appreciation that will raise the exchange rate to about N1400/$ before the end of the year.

Nigeria, like many other nations, is currently undergoing a transformative digital financial revolution that holds immense promise for financial inclusion and economic growth. However, with this surge in digital financial services comes an escalating need for robust security measures to safeguard against illicit financial activities. In this rapidly evolving landscape, the role of financial risk…

No doubt, the Tertiary Education Trust Fund (TETFund) has played a significant role in improving infrastructure in Nigerian tertiary institutions.

Special Adviser to the Executive Chairman, Lagos Internal Revenue Service (LIRS), Tokunbo Akande...

Jane Kimemia has over two decades of banking experience handling different roles in East Africa, Southern and West Africa. Now the Chief Executive Officer of Optiva Capital Partners Limited

Financial Experts have attributed the high pressure on naira, resulting in its value nose-diving against major currencies to over reliance on foreign goods by Nigerians.

Patricia Jemibewon, Director of Organizational Transformation at gomoney delves into the organisation's adaptation to remote work, discussing its impact on HR practices, employee well-being, user experience, and fostering a robust company culture. How has gomoney adapted its human resource practices to support a fully remote workforce, and what challenges have you encountered in this process?…

Femi Otedola, the ever-dynamic Nigerian investor, has electrified the Forbes Nigeria ranks, powering up to the coveted fourth position with a $1.2 billion valuation. This meteoric rise owes much to his strategic play in the energy sector, specifically his controlling stake in Geregu Power Plc. Otedola's Geregu gambit proved masterful. Holding over 70% of the…

The naira ought to have celebrated its 50th birthday in January 2023, five decades after it replaced the Nigerian pound as the national currency.

A digital payments network, Onafriq, has rebranded to further ease digital payment across Africa.

Amid repeated assurance by the Central Bank of Nigeria (CBN) that there is enough cash in circulation, Nigerians continue to groan over the scarcity of cash. In Abuja, most sellers without payment options have resorted to sharing point-of-sale (PoS) machines with fellow traders to remain in business. This is becoming a norm in Wuse –…

Pause for a moment and imagine what Nigeria or other Africa countries can do with an extra $90 billion a year.