Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Currencies 1 min
CBN may spend up to $110.81 million in FX sales to BDCs this year 
By Sami Tunji
Budget 1 min
FG to tax banks 50% of realised profits on FX gains in amended 2023 Finance Act
By Aghogho Udi
Financial Services 1 min
Access Bank secures $50 million from British International Investment as part of $295 million loan package to aid SMEs
By Chris Ugwu
Financial Services 1 min
Banks’ credits to private sector rises by 66% to N74.31 trillion 
By Chris Ugwu

More Stories

Financial Services

Five platforms offering virtual dollar accounts in Nigeria in 2024

Exclusives

List of 18 mobile money operators in Nigeria insured by NDIC

Exclusives

POS fraud cases rise by 31.12% in Q1 2024 as terminals spread 

Financial Services

Nigerian banks sack 35 workers for involvement in fraud in Q1 2024 

Financial Services

Access Bank targets top 20 status in the UK with $1 billion annual profit goal’- Ogbonna

Bank Recapitalization

Public Offer: “GTCO will be the first Nigerian company to achieve $1 billion profit”- Agbaje 

Financial Services

Nigerian banks’ losses to fraud decline by 77.62% in Q1 2024 – Report  

Financial Services

CBN faults Binance for carrying out banking services through Naira P2P feature in Nigeria 

Financial Services

NAICOM orders African Alliance Insurance to resolve outstanding customer claims

Financial Services

Analysts warn of asset liability risks as Nigerian banks scale up for $1 trillion economy