Financial Services

Experts in the financial industry are worried that the implementation of multiple charges on financial transactions could reverse the gains...

Nigeria’s broad money supply (M3) rose to N110.98 trillion in January 2025, marking a 17.3% year-on-year (YoY) increase from N94.61...

Nigeria’s total currency in circulation rose to N5.24 trillion in January 2025, marking a 43.4% year-on-year (YoY) increase from N3.65...

Kuda Technologies, one of Africa’s fastest-growing digital banks, is under scrutiny following allegations of workplace discrimination, harassment, and wrongful dismissal...

The Central Bank of Nigeria (CBN) has issued a directive requiring all banks and other financial institutions to publish details...

The National Council on Micro, Small, and Medium Enterprises (MSMEs) has constituted a high-level committee to interface with the Central...

Nigeria’s banking regulator has issued a sweeping directive mandating commercial banks to comply with stricter insider lending limits or risk...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has called for deeper economic ties between Nigeria and...

Nigeria’s capital inflow dropped to $1.63 billion in November 2024, reflecting a 13.8% decline from October’s $1.89 billion. 

Bank customers in Nigeria have criticized the recent upward review of Automated Teller Machine (ATM) withdrawal charges by the Central...