Glamdea
Kudi Pay

KudiPay was created with a big vision: to make online, cross-currency payments and transactions safer, cheaper and more accessible for businesses, traders and consumers in Africa and internationally. Tens of…

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Funding Webkudi Accounts

webkudi is now accepting Mobile Money payments as a means of funding and withdrawals. Below is a reminder of the ways to make deposits into your webkudi account:     Cash…

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CBN orders banks, discount houses to crack down on delinquent debtors

Following the rising trend of non-performing loans (NPLs) in the banking industry, the Central Bank of Nigeria (CBN) has ordered deposit money banks and discount houses to crack down on…

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Nigerian interbank rates fall on matured bonds, T-bills

Nigeria’s overnight lending rates halved to an average 6 percent on Friday from 12.25 percent last week after central bank retired large matured bonds and treasury bills in the week,…

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FBN holding Q1 pretax profit up 8.7 per cent

First Bank Holding Company posted an 8.7 percent rise in its first quarter pretax profit to 26.94 billion naira ($135.38 million) after booking higher lending income. Interest income increased to…

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Trading on NSE closed bearish

 Transactions on the Nigerian Stock Exchange (NSE) on Friday closed for the week on a bearish note with the market indicators dropping by 0.03 per cent due to persistent profit…

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My conversation with Buhari is in Nigeria’s interest, says Pres. Goodluck Jonathan

President Goodluck Jonathan, said on Friday that his meeting with the President-elect, Muhammadu Buhari at the Aso Rock Villa on Friday was to further their conversation on the wellbeing Nigeria.…

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Nigeria gets N886.5m disaster reduction grant from Japan

Asian giant, Japan, has provided Nigeria with $4.5 million (N886.5 million) grant to purchase disaster reduction equipment, a development which the Minister, National Planning Commission, Dr Abubakar Suleiman, said would help…

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CBN to bar bad debtors from FX market

The Central Bank of Nigeria (CBN) has ordered banks to crack down on borrowers with non-performing loans (NPLs), adding that it would bar debtors from FX market. The move is aimed…

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Unpaid subsidy: oil marketers threaten to stop importation

The Major Oil Marketers Association of Nigeria (MOMAN) on Friday threatened to stop the importation of petroleum products over yet-to-be-paid N256 billion subsidy claim by the Federal Government. The Executive…

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