President Muhammadu Buhari has assented to the Banks and Other Financial Institutions Act (BOIFA ) 2020. Garba Shehu, presidential spokesman, made the announcement in a statement...
Standard Bank Group, Africa’s largest financial services organisation by assets, is driving the mass adoption of contactless payments across Africa, as consumers look for safer ways...
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria, CBN, has revealed that electronic transaction volumes increased by about 67 per cent during the COVID-19...
Economic and Financial Crimes Commission (EFCC), Benin Zonal Office has arraigned Philip Orumade on a nine count charge bordering on stealing before Justice Efe I. Ikponmwonba...
Central Bank of Nigeria (CBN) has warned banks participating in the Private-Sector-led Accelerated Agriculture Development Scheme (P-AADS ) against diverting the intervention funds meant for agro-processors...
Banks in Nigeria will drop below minimum capital buffers required by regulators should the economy shrink further this year, according to stress tests done by the...
Bond origination companies not already forging a digitisation path in the present decade risk becoming obsolete, this is according to Andrea Tucker, director, MortgageMe. Since launching...
A new report released on Wednesday by Google and the International Finance Corporation (IFC), estimated that Africa’s Internet economy has the potential to reach 5.2% of...
Ben Llewellyn-Jones, British Deputy High Commissioner (DHC) has lauded Lagos State for driving cashless policy and financial inclusion in Nigeria He stated this on Wednesday, while...
The operating licences of 157 capital market operators in Nigeria may be revoked by the Securities and Exchange Commission (SEC). The apex regulatory agency in the...