House of Representatives Committee on Banking and Currency on Tuesday opted for stiffer penalties of millions of Naira as fine for commercial banks which engage in...
The Central Bank of Nigeria (CBN) has called for the abolition of shell banks in the country, saying they serve as institutions for money laundering. Shell...
Central Bank of Nigeria (CBN) said on Monday it had injected $210 million into the interbank foreign exchange market, part of an effort to improve liquidity...
A syndicated loan facility worth $200 million has been secured for Ecobank Transnational Incorporated (ETI) by the Dutch development bank (FMO), Business Post has learnt....
Spending on blockchain solutions in the Middle East and Africa (MEA) is set to more than double this year, according to the latest insights from International...
Global Accelerex, Central Bank of Nigeria licensed payment terminal service provider and payment service solution provider, has scored another first with the launch of NEXGO N5,...
A proposed $2.5 billion Eurobond to refinance some of Nigeria’s treasury bill portfolio will not increase its overall debt stock but helps to lower cost, the...
Deposit Money Banks (DMBs) in the country are stepping up measures to check the activities of fraudsters who defraud some Nigerians through fake bank alerts scam....
United Bank for Africa (UBA) is fundamentally changing the way people communicate with their banks with Leo, the UBA Chat Banker that enables customers make use...
Dr Akinwumi Adesina, President of African Development Bank (AfDB), said that the Bank, 2017, achieved its highest annual disbursement ever of 7.67 billion dollars on supports....