Ahead of the January 31, 2024 deadline by the Central Bank of Nigeria (CBN) for existing users of fintech companies to upgrade their wallets, leading fintech...
A new report from KPMG reveals that weekly ATM usage among Nigerians dropped from 70% in the past few years to 40% in 2023. The report...
Central Bank of Nigeria (CBN) last week debited some commercial banks to the tune of N576.20 billion through the Cash Reserve Requirement (CRR). CRR is the...
The Central Bank of Nigeria (CBN) has announced the disbursement of $61.64 million to foreign airlines through various Deposit Money Banks (DMBs). This disbursement, as disclosed...
Smartcash Payment Service Bank, a subsidiary of Airtel Nigeria, has launched a new feature “Free Transfers to All Banks” which allows all customers to transfer funds...
A consortium of Nigerian financial institutions, fintechs, and blockchain experts, the Africa Stablecoin Consortium (ASC) is set to launch a compliant Nigeria Naira (cNGN) stablecoin on...
Nova Merchant Bank Limited, has urged the Federal High Court in Lagos to wind up Midwestern Oil and Gas Company Limited, for allegedly refusing to pay...
Central of Nigeria (CBN) has said that cash withdrawals will not be possible from accounts opened for virtual and digital assets transactions According to the apex...
The Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has called on the Central Bank of Nigeria and other commercial banks in the country...
NOVA Merchant Bank Limited, a leading merchant bank in Nigeria, has announced that it is set to begin its conversion to full Commercial Banking Business following...