C-One Ventures Platform has announced its agreement to acquire Bankly Microfinance Bank, a fintech leader dedicated to bridging financial access gaps in Nigeria’s informal...
Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), has warned against cash transportation above $10,000 or its equivalent without declaration to...
Nine leading Nigerian banks collectively generated N14.26 trillion in interest income in 2024, reflecting a 119.55% increase from N6.49 trillion in 2023. This surge...
The House of Representatives Public Accounts Committee has directed Remita, a financial technology firm, to refund N182.77 billion to the federal government. The sum...
The Central Bank of Nigeria (CBN) has raised concerns over a significant rise in loan defaults among large Private Non-Financial Corporations (PNFCs) and Other...
Central Bank of Nigeria (CBN) has announced a remarkable $6.83 billion balance of payments surplus for 2024, marking a decisive turnaround from deficits of...
The Nigerian naira experienced a significant depreciation against the U.S. dollar from March 28 to April 4, 2025, following the announcement of new tariffs...
Fidelity Bank Plc is making impressive strides on its path to fulfilling the recapitalization targets set by the Central Bank of Nigeria (CBN). With...