Finance
Nigerian lenders record N29.44trn e-payment transactions in Q4 2017
Nigerian lenders recorded N29.44 trillion worth of e-payment transactions in the fourth quarter of 2017, according to the National Bureau…
Financial markets at risk from bubble, IMF warns
The global economic recovery is strong and accelerating but it faces threats from weak wage growth and overheating financial markets,…
Why Africa accounts for 57% of world’s active mobile money accounts
Limited access to main suite of financial services offerings, especially credit cards has driven mobile money adoption in sub-Saharan Africa.…
Nigeria’s central bank to auction N117bn treasury bills Nov 30
Nigeria plans to sell N117.17 billion worth of treasury bills at an auction on Thursday, Nov. 30, according to the…
Leonardo da Vinci’s Salvator Mundi sells for $450m at Christie’s, shattering world record
Leonardo da Vinci's Salvator Mundi (Saviour of the World) was bought for $450 million (£342 million) in New York on…
Kenyan Airways completes financial restructuring as government takes lead stake
Kenyan Airways announced Wednesday that it has completed financial restructuring after accruing $2 billion in debt. The financial restructuring due…
