The Central Bank of Nigeria (CBN), said it would revoke the operating licences of micro finance banks, and other financial institutions (OFIs), due to non-compliance with...
Largely unheralded for a long time, Ponzi schemes came to the consciousness of the entire nation in 2016. With the descent of the Nigerian economy into...
The International Monetary Fund (IMF) has released its 2017 Sub-Saharan Africa Regional Economic Outlook, predicting a 2.6 per cent growth. Mr. Abebe Selassie, head of the...
FXTM Chief Market Strategist Hussein Sayed comments on the CBOE Volatility Index. The CBOE Volatility Index fell yesterday to the lowest level since 1993 to trade...
Central Bank of Nigeria (CBN) has hiked fees charged by banks on debit and credit card maintenance from N100 a year to N50 per month. The...
The number of cards in the hands of consumers in the Middle East and Africa increased 13 percent in 2015, making it the world’s fastest growing...
In this piece, Omokehinde Adebanjo, Vice President and Area Business Head for West Africa for Mastercard, looks at the evolution of banking and how it will...
FXTM Vice President of Market Research, Jameel Ahmad comments on the upcoming OPEC meeting. Investors have arrived in full force to exploit the opportunity to sell...
The Bank of Industry (BoI) has sealed a memorandum of understanding with the National Council for Arts and Culture to provide the sum of N300m loan...
Technology has the power to drive real, impactful and inclusive change, particularly in the provision of financial tools that allow greater numbers of people to be...