The Central Bank of Nigeria has introduced new operational guidelines for agent banking across the country, capping daily cumulative transactions per agent at N1.2 million. The...
In recognition of his unwavering commitment to Africa’s development, Fidelity Bank Plc recently hosted a grand black-tie dinner to celebrate the retirement of Professor Benedict Okechukwu...
Securities and Exchange Commission (SEC) has fined Stanbic IBTC Capital Limited N50.145 million for regulatory infractions tied to its role in Guaranty Trust Holding Company Plc’s...
FCMB Group Plc has launched a N160 billion public share sale to strengthen its banking subsidiary and meet the Central Bank of Nigeria (CBN’)s new N500...
Nigeria’s Interbank Settlement System (NIBSS) has unveiled plans to eliminate transfer fees on its NIBSS Instant Payment (NIP) platform by 2026, a move designed to accelerate...
Sterling Financial Holdings Company Plc. (Sterling Holdco), the parent firm of Sterling Bank, The Alternative Bank, SterlingFI, and other innovative ventures, is witnessing a surge of...
Nigeria Deposit Insurance Corporation (NDIC) currently provides full insurance cover for 98.98 percent of Deposit Money Banks’ total deposits, according to Mr. Thompson Sunday, managing director...
The Presidential Fiscal Policy and Tax Reforms Committee has clarified some misconceptions surrounding Nigeria’s newly enacted tax reform laws. Speaking at engaged journalists, influencers, and public...
Central Bank of Nigeria (CBN) has announced a phased overhaul of the Nigerian Fixed Income Market aimed at boosting transparency, efficiency, and regulatory oversight. In a...
Stanbic IBTC Holdings Plc has confirmed the appointment of Mr. Chukwuma (Chuma) Nwokocha as its new group chief executive, effective October 2, 2025. The announcement followed...