Central Bank of Nigeria (CBN) has said that any authorised dealer bank the processes foreign exchange (forex) transactions without proper documentation will be fined N100 million. In addition,...
The Bank of Industry (BOI) has been recognised with two prestigious awards at the recently concluded EMEA Finance Achievement Awards, reinforcing its position as a leading...
Central Bank of Nigeria (CBN) has introduced a N100 million penalty for banks and other authorised dealers that process foreign exchange transactions without adequate supporting documentation,...
Federal Government’s debt repayment obligations exceeded the 2025 amended budget allocation by N1.90 trillion in the first nine months of the year, according to the latest...
The International Finance Corporation, Nigerian Exchange Group, and the Lagos Chamber of Commerce and Industry have unveiled the Nigeria Gender Country Programme at a high-level virtual...
Ecobank Group has broken new ground in sustainable finance with the launch of the world’s first International Capital Market Association (ICMA) commercial bank-issued Nature Bond on...
Nigeria’s National Payment Stack (NPS) processed 153,000 transactions during its pilot phase, moving closer to a full rollout. This next-generation payment infrastructure aims to unify banks,...
Supreme Court of Nigeria delivered a landmark ruling on the merger between Unity Bank Plc and Providus Bank Limited. By dismissing the final appeal challenging the...
Dr. Nneka Onyeali-Ikpe, Managing Director and Chief Executive Officer of Fidelity Bank Plc, has described technology not as an abstract concept, but a practical tool for...
Central Bank of Nigeria (CBN) has launched the Payment System Vision (PSV) 2028, a strategic roadmap aimed at expanding financial inclusion to 95 per cent of...