Banks Generated N438 billion through Digital Transactions in 2023

A recent analysis of the annual reports of ten financial institutions shows that in 2023, digital banking channels contributed approximately N438 billion to their revenue. Compared to the previous year, the income generated from electronic transactions by these banking groups increased by 37.54%, up from N318.64 billion. E-business income encompasses revenue from various electronic channels,…

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Lagos-Calabar Coastal Highway signifies hope, unity, prosperity for Nigeria – President Tinubu

President Tinubu has inaugurated the Lagos-Calabar Coastal Highway, a 700-kilometer road that will connect Lagos to Calabar and promote economic development, unity, and prosperity. He described the project as a symbol of hope and a legacy that will outlive the current generation. The highway will provide direct employment for thousands, indirect jobs for tens of…

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Obasanjo Faults Implementation Of Subsidy Removal, Exchange Rate Unification

The Former President Olusegun Obasanjo has taken a swipe at President Bola Tinubu’s implementation of the fuel subsidy removal and the unification of the exchange rate.He said while they are necessary, their implementation was faulty. In a Sunday statement, Obasanjo’s spokesman Kehinde Akinyemi said his principal made the comment at a colloquium: “Nigeria’s Development: Navigating…

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