Financial Services

The Central Bank of Nigeria (CBN) has introduced new draft guidelines compelling banks to provide instant refunds for failed Automated...

The central bank has adopted AI in monetary policy in Nigeria. The central bank Governor Yemi Cardoso made this comment...

Nigeria’s leading banks are extending their physical and digital reach nationwide, even as the industry moves deeper into technology-driven services....

VFD Group Plc has announced the launch of a N50.7 billion rights issue aimed at strengthening its capital base and...

The Bank of Industry (BOI) has launched a N2 billion entrepreneurship programme aimed at providing affordable loans to members of...

Leading Nigerian fintech company Moniepoint Inc has clarified reports of a £1.2 million loss recorded by its UK subsidiary, Moniepoint...

Nigeria’s journey toward a fully cashless economy continues to gain momentum as electronic payment transactions surged to N384 trillion in...

The Central Bank of Nigeria (CBN) has issued new restrictions on who can qualify to operate as Point of Sale...

The Central Bank of Nigeria (CBN) has tightened regulation on agent banking by mandating geo-tagging (or geo-fencing) of Point of...

The Central Bank of Nigeria (CBN) has issued a directive requiring all financial institutions to submit detailed monthly reports on...