Financial Services

President Bola Ahmed Tinubu has established the National Credit Guarantee Company Limited (NCGC) and approved the appointment of its board...

The Board of Directors of Abbey Mortgage Bank has approved plans to raise at least N100 billion through various financial...

The Federal High Court in Abuja has adjourned the $12 million money laundering charge arraignment of the Managing Director/Chief Executive...

Africa’s cross-border payments market is projected to triple in size over the next decade, reaching $1 trillion by 2035, up...

Retail banking continues to be a key battleground for Nigerian banks as competition intensifies for low-cost deposits. 

A total of 22 Nigerian commercial banks have now joined the Pan-African Payment and Settlement System to facilitate cross-border payments...

The Central Bank of Nigeria (CBN) has announced the rollout of three new instruments targeted at deepening Nigeria’s non-interest financial...

The African Development Bank (AfDB) has witnessed a surge in capital growth, expanding by 241.9% over the past decade, as...

The Indigenous People of Biafra's (IPOB) sit-at-home order has significantly disrupted economic activities in southeastern Nigeria, leading to a sharp...

The year 2024 was marked by improved profitability for most commercial banks in the country, marked by a steep increase...