Financial Services

Nigeria’s leading telecommunications companies MTN Nigeria and Airtel Africa have received an “Approval in Principle” (AIP)  from the Central Bank...

Nigeria’s credit to the private sector ballooned to another all-time high of N33.8 trillion as of September 2021. This is...

The Central Bank of Nigeria increased its Special Intervention Reserves (SIR) to N365 billion in August 2021, data from its...

The Central Bank of Nigeria issued an approval in principle to two of the nation’s largest telecommunication firms, MTN Nigeria...

The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, decreased to N2.63 trillion...

Nigerian lender, Unity Bank Plc has declared gross earnings of N36.18 billion for the nine-month period ended September 30, 2021,...

Point of Sale transactions in Nigeria dropped marginally by 0.74% to N552.26 billion in October 2021 compared to N556.36 billion...

Nigerian deposit money banks would stop the acceptance of the old £20 and £50 notes as the legal tender status...

The Nigerian Deposit Insurance Corporation, NDIC, has stated that customers who discover that they have been overcharged, can petition the...

An Abuja division of the Federal High Court has discharged four commercial banks in Nigeria from a proceeding following their...