Since traditional remittance providers typically require immediate payment, Send Now, Pay Later aims to address this critical pain point and provide vital service to customers who are new to the country and have a limited UK credit history October 9, 2025/LemFi International payments platform LemFi allows over 2 million immigrants […]
Money Market
Citi Increases Capital to Meet CBN’s New Capital Requirement
October 8, 2025/Citi Nigeria Key Highlights: • Citibank Nigeria Limited (Citi) meets the Central Bank of Nigeria’s (CBN) N200 billion capital requirement for national commercial banks. • Underscores Citi’s 41-year presence in Nigeria as a trusted advisor and growth partner. • Strengthens Citi’s capacity to expand financing in critical sectors: […]
N21Trn Illusion: How Banks’ Appetite for Government Debt Chokes Growth
October 8, 2025 By Blaise Udunze In a healthy economy, banks serve as the arteries through which capital flows to productive enterprises, creating jobs, stimulating innovation, and driving national prosperity. In Nigeria, however, the reverse has become true as the financial system now thrives not by financing growth, but by […]
