Financial Services

In 2023, Nigeria's banking sector witnessed a substantial increase in lending activities amid interest rate hikes, reflecting both the resilience of...

Point-of-Sale (POS) transaction values witnessed a downturn in Nigeria for the first quarter of 2024, registering a N225.73 billion drop...

A letter of resignation seen by Nairametrics indicates Dr. Adesola Adedutan has resigned from his position as Managing Director of...

French bank BNP Paribas was ordered by a US Judge to face a lawsuit accusing the French bank of aiding...

Stakeholders are rallying for Nigeria's removal from the grey list of Financial Action Task Force (FATF), highlighting the significant potential...

The Central Bank of Nigeria (CBN) has issued a new directive to all Deposit Money Banks (DMBs) introducing a reduction...

The exclusion of retained earnings from the computation of minimum capital by the CBN is likely to lead to increased...

CBN has filed a preliminary objection against a legal action instituted by Kasmal International Services which sought a court order...

For eight years, Lydia Haruna (not real name) worked as a senior manager in the Development Finance Department of the...

United Bank for Africa (UBA) Plc says that it intends to achieve a 20% growth in deposits for the entire...