Author: Eberechi Constance

CBN reveals loan to FG rose to N23.18trn

CBN reveals loan to FG rose to N23.18trn The Central Bank of Nigeria (CBN) has published its financial report for the year ended December 31, 2022, almost two weeks after President Bola Tinubu appointed Jim Obazee, ex-CEO of FRC as special investigator to investigate the bank. The published report revealed[Read More…]

Opay emerges as leading fintech platform in Nigeria

Opay emerges as leading fintech platform in Nigeria   Nigeria’s Opay has solidified its position as a frontrunner in the country’s fintech landscape, earning global recognition from CNBC and Statista as the leading Nigerian digital platform in the Digital payment category. This acknowledgement highlights Opay’s commitment to innovation and its[Read More…]

Prepaid meters’ installation rises 3.9% to 171,107

Prepaid meters’ installation rises 3.9% to 171,107   Despite the federal government promises, the sluggish growth in the number of prepaid meters installation persisted in first quarter 2023, Q1’23, with number of meters installed rising by quarter-on-quarter, QoQ by 3.95 per cent to 171,107 from 164,612 meters installed in the[Read More…]

Well-mann Group wins Jet Age continental award

Well-mann Group wins Jet Age continental award The Ethiopian Minister of Labour and Skills, Hon. Nigusu Tilahun has presented the continental Jet Age Nation Builders Award for nation building to Nigerian-based Well-mann Group. The organisation which specialises in oil and gas received the honour during the just-concluded 5th edition of[Read More…]