
Arewa Youth Assembly (AYA), a socio-cultural northern group in Nigeria, has rated Prof. Umar Garba Danbatta high in his stewardship as the executive vice chairman (EVC)...

By Lukman Otunuga, Senior Research Analyst at FXTM Fears over Nigeria descending into a recession have intensified after US crude tested levels below $20 for the...

The Central Bank of Nigeria, CBN, has increased the Cash Reserves Ratio, CRR, of banks from 22.5 per cent to 27.5 per cent. The alteration was...

Nigerian Communications Commission (NCC) has raised concerns on the reoccurring use of illegal Subscriber Identification Module (SIM) swaps and Unstructured Supplementary Service Data (USSD) to commit...

First Bank of Nigeria Limited has expressed its commitment to driving financial inclusion across Nigeria. With currently over 37,000 Firstmonie Agents, present in 99 per...

Central Bank of Nigeria (CBN) has fined 12 major banks N499.1billion for breaching its guidelines on lending to the real sector of the economy. According...

Mr. Godwin Emefiele, the Central Bank of Nigeria (CBN) Governor, has pledged to reposition Nigerian banks through recapitalisation during in his second term. Emefiele made the...

In order to encourage more innovations in the payment system, the Central Bank of Nigeria (CBN) is putting in place a Collateral Management Regime (CMR) to...

The Central Bank of Nigeria, CBN, expects the economy to pick up in 2019, forecasting a gross domestic product growth of 3 percent, up from 1.9...

The Central Bank of Nigeria on Wednesday, 28th August 2018, announced that it is imposing sanctions on four (4) banks for facilitating the ‘illegal’ repatriation of...