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...
U.S. President Donald Trump has announced that American forces carried out a military strike that killed Héctor Rusthenford Guerrero Flores, widely known as “Niño...
Retired Major-General Abubakar Rabe, who was abducted along a road in Katsina State two weeks ago, has reportedly died while in captivity. According to...
Moniepoint Microfinance Bank, Nigeria’s leading digital financial services provider and definitive bank for businesses, has been honored with the prestigious Best Hospitality Industry Support...
Unity Bank Plc has engaged students from all the geopolitical zones of the federation as it facilitated financial literacy training in 15 schools as...
The naira depreciated further on Thursday, April 25, against the United States dollar. At the official market, the Naira depreciated to N1,309/$ and N1,420...
When the management of the Nigerian Exchange Limited (NGX) in July 2023 announced that it was reclassifying Fidelity Bank Plc from small-price stock to...
In today’s fast paced financial services landscape, which has been defined by the ubiquity of digital and mobile banking tools, microfinance banks continue to...
The Board of Directors of First Bank has appointed Olusegun Alebiosu as its acting managing director. Mr Alebiosu has been the bank’s executive director/chief...
Fidelity Bank Plc, one of Nigeria’s leading financial institutions, has released its 2023 full year Audited Financial Statements, reporting a 131.5% growth in Profit...
Alternative Bank Limited (AltBank) has announced a strategic collaboration with FoodBank and Sterling One Foundation to raise approximately N20 million in support of hunger...
Economic and Financial Crimes Commission has secured the conviction of 23 illegal Bureau De Change operators and naira racketeers within the last month. The...
Central Bank of Nigeria (CBN) has banned the use of foreign currency-denominated collaterals for naira loans. This was contained in a circular dated April...