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...
The FintechNGR CEO’s Committee, recognizing the escalating threat of fraud within Nigeria’s electronic payments ecosystem, is taking decisive action to preserve the integrity of the nation’s...
Sterling Bank Limited has announced a strategic change in its Board of Directors, with Mr. Olatunji Mayaki assuming the role of Chairman of the Board effective...
The Securities and Exchange Commission (SEC) has said Nigeria has the potential to join the leading global Islamic finance jurisdictions. Mr. Lamido Yuguda, Director General, SEC,...
Union Bank Plc has announced a significant financial performance for the third quarter ending September 30, 2023. The bank reported a profit before tax (PBT) of...
Naira on Wednesday hit a record low of N1,043.09 per dollar, following strong demand for the greenback amid dollar shortage at the official foreign exchange (FX)...
Central Bank of Nigeria (CBN) has recovered N264.04 billion from borrowers under its development financing programmes in the first six months of 2023. According to the...
National Bureau of Statistics (NBS) has announced that Nigeria’s public debt stock (which includes external and domestic debts) rose to N87.91 trillion (US$114.35 billion) in Q3...