Financial Services

CBN had granted a temporary suspension on loan interests and repayment on principal debts.

Nigerian banks increased lending in June 2020 despite the effect of the covid-19 pandemic.

Ant Group now operates Alipay which millions of shoppers use across Alibaba’s e-commerce networks.

Zenith Bank told customers that "this review is in response to today’s economic realities.”

Fund will diversify revenue base of the economy and development of the nation's non-oil export sector.

Regulatory stakeholders in the financial sector have been partaking in the adjustments to BOFIA 2004.

Banks around the world were already under pressure to fully deploy Artificial Intelligence prior to the pandemic.

The bill will give the CBN new sweeping powers to curb financial fraud and manage distressed banks.

NEXIM Bank was established in 1991 and is devoted to diversifying Nigeria's non-oil export base.

Each non-interest deposit Bank to set aside 5% of its PAT annually as contribution to the Fund.