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...
Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that banks in the country have the wherewithal to...
Central Bank of Nigeria (CBN) has unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation...
Nigerian government says it has demanded almost $10bn (£8bn) in compensation from the cryptocurrency firm, Binance. It says Binance manipulated foreign exchange rates through...
Nigeria’s Department of State Security detained at least two Binance employees on Monday night, Feb. 26, in Abuja in connection with investigations into the...
Nigerians’ spending on foreign education, healthcare and personal travels gulped over $98bn in 10 years, according to the Central Bank of Nigeria data. The...
Central Bank Governor, Olayemi Cardoso, has stated that the apex bank’s planned relocation of departments and personnel to other branches is a response to...