Finance

  Head of Marketing OPay Digital Services Limited, Adekunle Adeyemi has cleared reports of active accounts or wallets on OPay app created without the knowledge of customers. He said: “This prompted us to immediately commence an investigation to determine the authenticity of these claims as all OPay wallets are adequately registered in line with regulatory […]

  The federal government has urged operators of Takaful in the country to form an association that will attract greater awareness to the alternative financial service. This call was made by Commissioner for Insurance, Mr. Sunday Thomas yesterday in Abuja when Jaiz Takaful shared N152 million surplus to its contributors. According to Sunday Thomas, the

‘ Central Bank of Nigeria (CBN) has unveiled a new online platform called the CBN Licensing, Approval and Other Requests Portal (CBN LARP) for the submission of microfinance bank (MfB) licence applications. In a statement, CBN’s Director of Corporate Communications,Dr. Isa AbdulMumin,   yesterday said the platform is designed to replace the manual process. The benefits

  The Managing Director BetCorrect, Adriano Amadei, has said the country’s increasing appetite for fintech solutions and its burgeoning population catalysed its intent to play a significant role in its technological evolution, through this product. Amadei made the statement at a press conference in Lagos during the lunch of BetCorrect, an innovative online betting company

  AChartered accounting firm, Kreston OUC, has announced  its transformation into Ecovis OUC, Chartered Accountants,  to reshape the landscape of Nigerian professional service delivery and align with Ecovis network. Managing Partner and Chief Spokesperson, Kreston OUC,  Andrew Uviase, said the rebranding marks a significant stride towards bolstering consulting services for  businesses, promising enhanced value and

  I-invest, a digital platform for treasury bills, is working to entice the younger generation to invest in equities, the Head of Research, Parthian Securities, Oluwaseun Dosunmu, has said. He explained that by focusing on financial education and gamification, i-invest aims to equip young investors with knowledge and create an enjoyable experience that makes investing

  A survey by Debt Rescue has revealed that 40% of South Africans are more terrified at the prospect of retirement than they are of death. The survey involved over 1,900 individuals in South Africa, ranging in age from 25 to 65 years. According to the debt review firm, the research reveals a landscape of

  Smart DNA, a leading DNA testing centre in Lagos, issued data analysis showing Lagos accounts for the highest percentage of tests with 82.89 per cent. This result was contained in a comprehensive data analysis of all relationship DNA tests conducted at its facility between 1st July 2022 and 30th June 2023. This report, based

  In other to strengthen its brand’s positioning in the market, CSAdvance has changed its name to  CardinalStone Finance, representing a whole new milestone in the history of the fast rising company. Its Chief Executive Officer, Ayoola Adeola, said: “Our new name represents an exciting milestone for the company. It serves as a testament to

  Stakeholders in the payment system at the weekend underlined the importance of a multidimensional collaboration in enhancing the country’s payment system. Experts, who spoke at the yearly conference of the Finance Correspondents Association of Nigeria (FICAN) in Lagos, agreed that strengthening digital infrastructure for efficient and innovative payment systems requires collaboration, investment and adaptability.