Business

All the recent business news in Nigeria, economy and industry updates.

Cash scarcity: PoS operators turn to market sellers, filling stations

Point-of-Sale (POS) operators have opted to buy money from market sellers and petrol station attendants in a bid to have sufficient cash to do their b

Access Bank bids for 100% stake in South Africa’s Bidvest Bank

The Access Holdings’ banking subsidiary, Access Bank Plc, has entered into a binding agreement with South African-based Bidvest Group Limited for the

Visa, 100Pay partner on new crypto-powered card

100Pay has partnered with Visa, the payment giant, to introduce a new crypto-backed debit card, PayCard, aimed at simplifying global payments. The cry

Cybercrime is on the rise- Wema Bank chairman

The Chairman, Wema Bank Plc, Yemisi Olurunshola has raised concerns over the increasing threat of Internet fraudsters, stressing the need to design te

FG issues N1.1trn Sukuk bonds to finance 5,820 km road

The federal government has issued six Sovereign Sukuk worth ₦1.1 trillion ($657.6M), to finance 124 federal road projects covering over 5,820 kilomete