Monetary policy committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 24.75 percent...
Central Bank of Nigeria (CBN) says mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint will resume the enrolment of...
As part of its Corporate Social Responsibility (CSR) initiatives, leading financial institution, Fidelity Bank Plc, has renovated the Primary Healthcare Clinic along the Workers...
France’s Foreign Ministry has come out to support the International Criminal Court arrest warrants for Israeli and Hamas leaders for war crimes and crimes...
By Funmi Dele-Giwa, General Counsel and Chief Risk Officer of Onafriq Being deliberate about creating a “greater purpose” is essential to building an authentic...
Federal Government has expressed worry over the rising prices of food and commodities in the country. The Minister of Finance and Coordinating Minister of...
First City Monument Bank (FCMB) has launched an accelerator programme to upskill and grow over one million small and medium-sized enterprises (SMEs) in Nigeria....
Mastercard, financial services firm has concluded the acquisition of a minority stake in mobile operator MTN Group’s fintech business. In a statement, MTN says...
Central Bank Governor, Olayemi Cardoso, has stated that the apex bank’s planned relocation of departments and personnel to other branches is a response to...
Central Bank of Nigeria (CBN) uncovered invalid foreign overdue claims totalling $2.4 billion, which have pressured the naira for long and spooked the currency...
Federal Government is considering a policy that will result in the conversion of foreign currencies in domiciliary accounts of citizens to naira to stabilise...
Central Bank of Nigeria (CBN) has prohibited banks and financial technology companies (fintechs) from offering international money transfer services. This development is outlined in...