Interest rate cuts alone will not help to pull Nigeria out of a recession amidst rising inflation, the Central Bank of Nigeria said yesterday. On Tuesday,...
Last year, the number of card transactions grew nearly twice as fast as the number of new cards, at 15 and 9 percent, respectively, according to...
A strong feeling of anxiety engulfed the financial markets on Wednesday as investors awaited the heavily anticipated Fed and BoJ central bank policy meeting decisions which...
Mr. Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has blamed Lamido Sanusi and Professor Chukwuma Soludo- his predecessors for the current foreign exchange...
A major scandal has hit the new foreign exchange policy of the Central Bank of Nigeria (CBN) as it is now riddled with sharp practices....
Emmanuel Okoegwale, Principal Associate, Mobilemoney Africa, has urged Central Bank of Nigeria and licensed mobile money operators in the country to move away from mobile money...
Mr. Nnamdi Okonkwo, managing director, Fidelity Bank Plc, has said that the inability of commercial banks to give long-term credit facilities is due to the non-availability...
A committee of the world’s major central banks said on Friday it has launched a task force to examine cyber security in cross-border banking and to...
Unity Bank Plc, has reportedly sacked not less than 215 of its employees as part of its reengineering strategy for greater performance. According to information gathered...
The ATM Industry Association has published a new industry guide, “Alternative Operating System Case Studies.” The new guide examines the features, specifications and advantages of Linux...