International Monetary Fund (IMF) has raised concerns over Nigeria’s fiscal transparency, disclosing that about two per cent of the country’s Gross Domestic Product (GDP), estimated at...
Visa is expanding access to Visa Pay for additional issuers across Africa through a software development kit (SDK) that enables banks, mobile money operators, and fintechs...
Nigeria Deposit Insurance Corporation (NDIC) has warned members of the public against carrying out any transactions with the 46 microfinance banks whose operating licences were revoked...
Justice Deinde Dipeolu of the Federal High Court in Lagos has urged all parties in the N98.5 billion patent infringement lawsuit involving the Central Bank of...
The World Bank has approved a $1.25 billion Development Policy Financing loan for Nigeria despite widespread public criticism over the country’s rising debt profile, as it...
Nigerian banks are expected to contend with elevated loan losses through 2026 as high interest rates, persistent inflation and the withdrawal of regulatory forbearance continue to...
Central Bank of Nigeria (CBN) has revoked the operating licences of 46 Microfinance Banks (MFBs) across the country with effect from July 1, 2026. The apex...
United Bank for Africa (UBA) Plc, Africa’s Global Bank, has rewarded thousands of customers with over ₦400 million in anniversary bonuses under its flagship UBA Bumper...
The Bank of Industry (BOI), the Implementing Agency for the Investment in Digital and Creative Enterprises (iDICE) Programme of the Federal Government of Nigeria, has announced...
Federal Government has confirmed that it has accessed the first $1.5 billion from its $5 billion financing facility with First Abu Dhabi Bank (FAB), marking the...