Monetary policy committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates, from 24.75 percent...
Central Bank of Nigeria (CBN) says mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint will resume the enrolment of...
As part of its Corporate Social Responsibility (CSR) initiatives, leading financial institution, Fidelity Bank Plc, has renovated the Primary Healthcare Clinic along the Workers...
France’s Foreign Ministry has come out to support the International Criminal Court arrest warrants for Israeli and Hamas leaders for war crimes and crimes...
By Funmi Dele-Giwa, General Counsel and Chief Risk Officer of Onafriq Being deliberate about creating a “greater purpose” is essential to building an authentic...
Amid the foreign exchange crisis witnessed in the country, the Central Bank of Nigeria (CBN) has announced that henceforth, Personal and Basic Travel Allowances...
Fidelity Bank Plc has announced its Board of Directors’ decision to extend the employment contract of Nneka Onyeali-Ikpe, its GMD/CEO, from 2024 to 2026....
Abuja Zonal Command of the Economic and Financial Crimes Commission (EFCC) has brought forward serious charges against two former bankers, Victor Joseph and Ahmad...
Central Bank of Nigeria (CBN) has announced that it has stopped granting loans to the federal government. Speaking at an interactive session with the...
CBN Governor Yemi Cardoso appearing before the Joint Senate Committee on Finance, Banking, Insurance and Financial Institutions on Friday, February 9 said the measures...
Nigerian banks have started the implementation of CBN’s new requirements for international money transfer operation Based on the new rule, commercial banks are now...
Central Bank of Nigeria (CBN) has ordered the regulated entities to engage and give customers notices of outstanding obligations prior to the commencement of...
Electronic payment transactions in Nigeria rose to N600 trillion in 2023, representing a 55 per cent increase over the N387 trillion recorded in 2022....