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...
Spanish football giants FC Barcelona have initiated legal proceedings against Florentino Pérez, president of Real Madrid, over comments the club described as defamatory and...
Turkish police have arrested a Nigerian national accused of defrauding a Hong Kong-based dentist of 2.5 million dollars through an online romance scam that...
Nigerian Senate has launched a public hearing to amend the Banks and Other Financial Institutions Act (BOFIA) 2020 while investigating rampant ponzi schemes, spotlighting...
Federal Government has banned the mounting of roadblocks to collect tax and levies nationwide. It also signed a new Presumptive Tax Framework(PTF) to bring...
Nigeria’s external financial buffers strengthened significantly in 2025 as Olayemi Cardoso, governor of Central Bank of Nigeria (CBN), disclosed that the country’s net foreign...
Nigeria Deposit Insurance Corporation (NDIC) pays between ₦2 million and ₦5 million as deposit insurance to customers of liquidated banks, Managing Director Thompson Oludare...
National Institute of Credit Administration (NICA) has conferred its prestigious Fellowship on the Managing Director/Chief Executive Officer of Polaris Bank, Kayode Lawal, alongside other...
Union Bank of Nigeria has reaffirmed its status as a going concern with stable operations, responding to media queries sparked by Central Bank Governor...
Chartered Institute of Bankers of Nigeria (CIBN) has pledged its full support to the Association of Corporate and Marketing Professionals in Banks (ACAMB) following...
By Mathew Anthony, Market Analyst at FXTM In another positive development for Nigeria, the CBN has proceeded with 50-basis points rate cut. With favourable...
Fidelity Bank Plc, leading financial institution, has announced the launch of the second edition of its flagship women-empowerment initiative, the HerFidelity Apprenticeship Programme 2.0...