Central Bank of Nigeria (CBN) has introduced a N100 million penalty for banks and other authorised dealers that process foreign exchange transactions without adequate...
As the Central Bank of Nigeria (CBN) officially rolled out its ambitious Nigeria Payments System Vision (PSV) 2028 framework in Abuja, industry leaders are...
Ghanaian midfielder Thomas Partey has been refused entry into Canada ahead of Ghana’s opening FIFA World Cup Group L fixture against Panama. The development...
China’s Foreign Ministry has confirmed the arrest of a U.S.-based scholar and Myanmar affairs expert, accusing him of espionage and activities that endangered China’s...
Wema Bank Plc says that the capital raising exercise of N40 billion will hit the market in September, barring unforeseen circumstances. The bank’s Deputy...
Access Bank Plc has equipped 74,000 Access Closa agents to provide financial services to customers across the country, to drive financial inclusion. Mr Robert...
NOVA Merchant Bank has announced the appointment of Emmanuel Onokpasa as executive director for wholesale bank and treasury. NOVA which announced the appointment in...
Central Bank of Nigeria (CBN) released guidelines for the establishment and regulation of payments service holding companies (PSHCs) in Nigeria. Musa Jimoh, CBN’s director...
Central Bank of Nigeria (CBN) has allayed fears over domiciliary account deposits as it dismissed rumours of plans to convert foreign exchange in customer’s...
Mr. Ebenezer Onyeagwu, Group Managing Director/Chief Executive of Zenith Bank plc, has called for increased impact investing in Africa to enable it attain its...
Ecobank Nigeria has assured customers that the bank has put in place every arrangement for the implementation of the foreign exchange (fx) policy issued...