Central Bank of Nigeria (CBN) has approved the upgrade of operating licences for major FinTech companies and Microfinance Banks (MFBs), including Opay, Moniepoint MFB,...
By Blaise Udunze The latest in the Nigerian banking sector, as banks grapple with the recapitalization compliance deadline, is confronted with a familiar yet...
Federal Competition and Consumer Protection Commission (FCCPC) has commenced enforcement actions against Digital Money Lending (DML) operators that failed to regularise their operations under...
Nigeria’s banking sector recapitalization, mandated by the Central Bank of Nigeria (CBN) in March 2024, requires banks to meet tiered minimum paid-up capital thresholds...
An Economic and Financial Crimes Commission (EFCC) witness told an Abuja Court that the Kogi State Board of Internal Revenue (KSIRS) paid over ₦1.1 billion in...
Central Bank of Nigeria (CBN) projects that Premium Motor Spirit (PMS), known as petrol, could average N950 per litre throughout 2026, according to its...
Nigerian Communications Commission (NCC) and Central Bank of Nigeria (CBN) have finalized a consumer protection framework to swiftly resolve complaints from failed airtime and...
By Blaise Udunze As the new economic year begins in Nigeria, statements and policies emanating from government officials’ corridors project cautious optimism. One of...
The naira is projected to remain largely stable in the coming months, while borrowing costs are expected to ease as inflation moderates, according to...
Central Bank of Nigeria (CBN) and Nigerian Communications Commission (NCC) have unveiled plans for a universal short code to enable bank customers lodge complaints...