Business

The Central Bank of Nigeria (CBN), on Thursday, attributed the continuous fall of the Naira against dollars to present unofficial diaspora remittances. The acting governor of the apex bank, Folashodun Shonubi, stated this at the National Institute for Security Studies, Abuja where he delivered a Distinguished Personality lecture titled: “Diaspora…

Wema Bank PLC, the leading financial institution in Nigeria and the pioneer of Africa’s first fully digital bank, ALAT, yesterday announced the launch of the highly anticipated 3rd season of the Wema Bank 5 for 5 promo. This reward program, initiated by Wema Bank, aims to recognize and reward customers…

Nigerian singer, David Adeleke, aka Davido, yesterday met with Wema Bank’s Managing Director and Chief Executive Officer, Moruf Oseni, to explore opportunities for collaboration and transformation between the finance and entertainment industries. Speaking during the meeting that was held at Wema bank’s headquarters in Marina, Lagos, Oseni hinted that the…

The Central Bank of Nigeria has revoked the licences of 179 microfinance banks in the country, as well as four primary mortgage banks and three finance companies. This was disclosed in the official gazette of the Federal Government, which was published on the website of the CBN on Tuesday. The…

Femi Otedola, the billionaire businessman, says history would be made in the Nigerian energy sector with the soon-to-be-inaugurated Dangote Refinery. Otedola shared his thought on the project in a tweet on Sunday after a visit to the facility. President Muhammadu Buhari will on Monday, May 22, 2023, inaugurate the Dangote…

Wema Bank, Nigeria’s leading innovative bank, has launched the upgraded version of its corporate digital banking application, ALAT for Business 2.0. The launch took place on May 3rd, 2023, during the bank’s Digital Week activities themed “Changing The Digital Dynamics In Nigeria” in celebration of the bank’s anniversary. During the…

Top Bank, WEMA Bank has announced the top three contestants in its anticipated Sounds of ALAT competition.  The competition launched a few months ago, is aimed at discovering and supporting budding musicians across Nigeria and giving them a platform to showcase their talents to the world. After a rigorous selection…

Wema Bank Wema Bank, a leading Nigerian financial institution renowned for its innovative banking solutions and Africa’s first fully digital bank is set to commemorate its 78th and 6th anniversary with a bang. The week-long celebration, which commences on May 1st, 2023, promises an array of exhilarating activities and competitions…

NATIONAL BROADCAST BY HIS EXCELLENCY MUHAMMADU BUHARI, PRESIDENT, FEDERAL REPUBLIC OF NIGERIA ON THE CHALLENGES OF THE CURRENCY SWAP AND STATE OF THE NATION, ON 16th FEBRUARY, 2023 View this post on Instagram A post shared by GoldMyne (@goldmynetv) My Dear Compatriots, I have found it necessary to address you…

Nigeria’s Vice President, Yemi Osinbajo, has faulted the implementation of the currency redesign policy of the federal government and lamented the hardship it has caused residents of the West African country. Mr Osinbajo expressed his view in Abuja Friday at a meeting with players in the financial technology (FinTech) space,…