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Inside story of electronic bank fraud in Nigeria
More than six high-profile electronic bank fraud cases took place in Nigeria between February and July this year. Among these was the failed attempt on an account of a Federal Government…
From immune evasion to vaccine escape, Delta Covid variant poses greater risk
Like a new sheriff in town, the latest coronavirus variant, Delta, is sweeping through the world with a fierce attack on immunity acquired through either earlier infection or vaccination.…
Green Africa disrupts airline business with cheap airfares
With insecurity driving more people to travel by air and the incessant surge in airfares as a result of depleting fleet and high foreign exchange, Green Africa, a new entrant in the Nigerian…
Violence costs Nigeria $1.3trn in 13 years
Containing violence is costly, and for Nigeria, it has come at a bill of $1.34 trillion within 13 years - from 2007 to 2019. BusinessDay analysis of data from the 2021 Economic Value of…
Central Bank Digital Currencies: The next big thing in global finance
Interest in bitcoin and other cryptocurrencies is surging and central banks don’t want to be left behind by financial innovation.
Around 80 percent of the world’s central banks are…