Financial Services

Financial Analyst Mr. Ayokunle Olubunmi has cautioned that the current economic slowdown may result in a surge in loan defaults,...

The CBN in a circular dated February 8 has removed the ±2.5% cap spread on interbank FX transactions. The circular...

International transfers through international money transfers operators (IMTOs) will be paid out in naira in line with recent guidelines from...

Active subscriptions for the internet across mobile, fixed and VOIP networks in Nigeria rose to 162 million in November 2023.

Despite challenges surrounding their mode of operations, especially concerning debt recovery, loan apps or digital money lenders continue to play...

NIBSS has revealed that licensed mobile money operators including Opay, Palmpay, and 15 others processed transactions valued at N46.6 trillion...

In an interview on Arise TV on Monday, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, discussed...

CBN Governor, Yemi Cardoso expressed his concerns about the impact of previous Monetary Policy Committee (MPC) meetings.

In a development signaling positive momentum for Nigeria's economic landscape, the Governor of the Central Bank of Nigeria (CBN), Yemi...

The Governor of the Central Bank of Nigeria (CBN) has said that Nigerians should not blame the apex bank for...