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...
The abductors of the former Director of Defence Information, retired Major-General Rabe Abubakar, have refused to release his wife, Amina Abubakar, despite the confirmation...
Operators of Point of Sale (PoS) have increased their charges by 100 per cent for all transactions, following the scarcity of naira notes. According...
Foremost financial institution, Union Bank of Nigeria, has reiterated its commitment to providing easy access to capital for Small and Medium-sized Enterprises in the...
Federal Government recorded N1.54tn fiscal deficit in July and August 2023, figures from the Central Bank of Nigeria have revealed. According to CBN’s monthly...
Polaris Bank, Nigeria’s leading digital retail Bank has pledged to support the development of high-impact sectors including road infrastructure, housing, education, healthcare and agro...
Ahead of the festive period, The Alternative Bank is offering customers an innovative financial product designed to enhance the holiday experience. This pioneering solution...
Some banks with international authorisation have a capital adequacy ratio below the regulatory threshold, according to Central Bank of Nigeria (CBN). The banking regulator...
Mrs. Tomi Somefun, Managing Director of Unity Bank Plc has called for comprehensive policy actions that will dismantle the structures that enable gender-based violence...
Polaris Bank, Nigeria’s leading digital retail Bank, has enrolled in the Pan-African Payment and Settlement System (PAPSS). The cross-border financial infrastructure empowers the Bank’s...