Financial Services

The Central Bank of Nigeria (CBN) announced it sold $543.5 million to authorized dealer banks between September 6 and September...

The Central Bank of Nigeria (CBN) has announced the introduction of an electronic matching system for foreign exchange transactions in...

Zenith Bank on Thursday said it has made progress in its IT upgrade which disrupted its banking services for over...

The Central Bank of Nigeria (CBN) has extended the suspension of cash deposit processing fees from September 30, 2024 to...

Former President Goodluck Jonathan has dismissed allegations that $49.8 billion went missing during his tenure as the President of Nigeria....

At least five microfinance banks (MFBs) in Nigeria’s southeast were shut down in September 2023 due to insecurity in the...

The Central Bank of Nigeria (CBN) has said that its recent decision to licence more International Money Transfer Operators (IMTOs)...

The Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that Nigerians spent a total of N89.5 trillion over electronic channels in...

The Nigeria Inter-Bank Settlement System (NIBSS), has revealed that the number of active bank accounts in Nigeria rose to 231.1...

The Central Bank of Nigeria (CBN) has announced that it will sanction banks failing to dispense cash through their automated...