Nigerian capital market will officially transition to a one-day (T+1) settlement cycle on Monday, June 1, 2026, cutting the time required to finalise securities and commodities...
Leading financial institution, Fidelity Bank Plc’s international subsidiary, FidBank UK Limited, has announced a commitment to support Nigerians – both individuals and corporations – in acquiring...
Access Bank Plc has been recognised with two prestigious honours at the 2026 Global Good Governance (3G) Awards, reaffirming its leadership in corporate governance and sustainable...
Quest Merchant Bank Limited has strengthened its market position following GCR Ratings’ affirmation of the Bank’s national scale issuer ratings of BBB(NG) and A3(NG), alongside an...
National Insurance Commission (NAICOM) has granted an operational licence to CBI Partnering Insurtech Ltd, making it the first fully licensed partnering insurtech company in Nigeria. An insurtech...
Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has cautioned against renewed pressure on the apex bank to return to intervention programmes previously implemented...
Nigeria Inter-Bank Settlement System Plc (NIBSS) has sued 19 commercial and microfinance banks, over N13.66 billion allegedly lost to unauthorized transfers following a major glitch on...
By Blaise Udunze Nigeria’s banking industry appears to be booming, largely driven by the policies of the Central Bank of Nigeria (CBN), under Governor Olayemi Cardoso,...
Nationwide Unstructured Supplementary Service Data (USSD) glitches are occurring because the Nigerian Communications Commission (NCC) and Central Bank of Nigeria (CBN) transitioned to an “End-User Billing” (EUB) framework. USSD...
A Federal High Court in Abuja has affirmed the Central Bank of Nigeria’s (CBN) exclusive ownership of the “eNaira” digital currency platform and trademark. Justice James...