West Africa is fast emerging as a global epicentre for virtual asset adoption, propelled by a young, tech-savvy population and macroeconomic instability, according to Dr. Emomotimi...
Banks in the country have begun suspending instant transaction alerts for cheques drawn from other banks until such cheques are fully cleared. This is in compliance with...
Sterling Financial Holdings Company Plc (“Sterling HoldCo”) has reported a remarkable 157% year-on-year growth in profit-after-tax, hitting ₦41.78 billion for the half-year ended June 30, 2025....
Fidelity Bank Chapter of the Institute of Chartered Accountants of Nigeria (ICAN) has inaugurated Mr. Audifax Onuoha as its new Chairman, ushering in a fresh era...
FCMB Group Plc posted an impressive ₦79.3 billion profit before tax for the first half of 2025, reflecting a 23% year-on-year increase, fueled by a significant...
Ecobank Nigeria has announced plans to phase out one of its Naira-denominated debit cards, with a transition period scheduled to run from July 29 to September...
Central Bank of Nigeria (CBN) has dismissed claims that its recent redeployment of staff from Abuja to Lagos State was politically motivated. Muhammad Abdullahi, deputy governor,...
Nigerian banks have resumed processing international tuition payments from Naira accounts through the Central Bank of Nigeria (CBN)’s Form A portal. Form A is an application...
Safaricom, M-PESA and PayPal have announced a strategic collaboration to enable account linking and seamless fund transfers across their networks. This collaboration aims to empower more...
Federal government has mandated banks and financial institutions to begin reporting monthly transactions exceeding N25 million for individuals and N100 million for firms to the tax...