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PBA Reporter

eNaira

eNaira: CBN Gives Update On Nigeria’s Digital Currency

The Central Bank of Nigeria (CBN) has provided updates on eNaira, saying the Nigeria’s digital currency is easy to access and gives no room for fraud or counterfeiting. The CBN, however, asked market women and leaders to embrace the country’s digital currency.
May 6, 2022
Alakija

Alakija Urges Banks To Reduce Stringent Conditions For SMEs

Nigerian philanthropist and businesswoman, Mrs. Folorunso Alakija, has called on Nigerian government to ask banks in the country to reduce their stringent requirements in order to support and enable small and medium enterprises to thrive and contribute to the economy. Alakija, who
May 3, 2022
Zenith Bank

Zenith Bank’s Quarterly Earnings Rise By 22%

Zenith Bank Plc has announced that its gross earnings rose by 22 per cent in the first quarter of 2022. According to the lender, the earnings rose from N157.3bn in the first quarter of 2021 to N191.5bn in Q1, 2022. This was
April 29, 2022
Bitcoin

IMF Sends Strong Message On Bitcoins

The International Monetary Fund (IMF) has made a strong case against the adoption of Bitcoin as legal tender by countries.  Abebe Selassie, director of IMF’s African Department, made this warning on Thursday at a media briefing on the organisation’s economic outlook for
April 28, 2022
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