Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR), the nation’s benchmark interest rate, at 26.5 per cent, citing heightened global...
Confederation of African Football (CAF) has appointed Media Experts Limited (MEL) as its preferred media rights representative for the commercialisation of free-to-air broadcast rights...
MTN Nigeria has warned its customers to disregard fraudulent online posts claiming the telecommunications company is offering “One Month Free Data for Old Subscribers.”...
Central Bank of Nigeria (CBN) has extended the enforcement date for the geo-fencing of Point-of-Sale (PoS) terminals to Aug. 1, 2026, granting banks, fintech...
Non-performing loans (NPLs) in Nigeria’s banking sector rose to 8.03 per cent in January 2026, exceeding the Central Bank of Nigeria’s (CBN) prudential threshold...
Association of Point of Sale Service Providers (POS) has threatened to suspend Verve card transaction services nationwide if the Central Bank of Nigeria (CBN)...
Fidelity Bank Plc recorded 37.9 per cent growth in gross earnings to N434.95 billion in first quarter 2026 as the international commercial bank continued...
Nigeria Inter-Bank Settlement System Plc (NIBSS) has sued 19 commercial and microfinance banks, over N13.66 billion allegedly lost to unauthorized transfers following a major...
Nationwide Unstructured Supplementary Service Data (USSD) glitches are occurring because the Nigerian Communications Commission (NCC) and Central Bank of Nigeria (CBN) transitioned to an...
By Blaise Udunze Nigeria’s banking industry appears to be booming, largely driven by the policies of the Central Bank of Nigeria (CBN), under Governor...
Lotus Bank has accused a staff member in its Financial Control Department of orchestrating a ₦1,552,130,998.85 fraud by diverting customer-owned Mudarabah profits into unauthorised...
A Federal High Court in Abuja has affirmed the Central Bank of Nigeria’s (CBN) exclusive ownership of the “eNaira” digital currency platform and trademark....