Financial Services

The ongoing legal battle between First Bank of Nigeria (FirstBank) and General Hydrocarbons Limited (GHL) has captured the attention of...

The Central Bank of Nigeria (CBN) has introduced two digital initiatives—the Document Flow (DocFlow) System and the Ministries, Departments, and...

The Nigerian Communications Commission (NCC) has granted approval to Mobile Network Operators comprising MTN, Airtel, Globacom, and 9mobile, to disconnect...

The Federal High Court, Port Harcourt Judicial Division, has ordered the arrest of the entire cargo onboard the Floating Production...

Remittance-focused fintech startup LemFi has announced a significant capital raise of $53 million in a Series B funding round, aimed...

The Central Bank of Nigeria (CBN) has imposed fines of N150 million each on nine Deposit Money Banks (DMBs) for...

The Central Bank of Nigeria (CBN) has reported a marginal decline in the value of the eNaira, Nigeria's official digital...

The Central Bank of Nigeria (CBN) has prohibited local deposits into the newly launched Non-Resident Nigerian Ordinary Account (NRNOA) and...

FBN Holdings says it is taking all necessary steps to safeguard the interests of the company and its subsidiaries. This...

The Central Bank of Nigeria (CBN) has issued a circular announcing the immediate suspension of approvals for the extension of...