Financial Services

AfDB, IDB and IFAD says that they have voted $1 billion to further deliver special agro-industrial processing zones in 24...

With the rising emigration from Nigeria creating what has now become ‘japa’ trend, the need for cross-border payments in Nigeria...

CIBN has introduced agency banking certification programs for point of sales (POS) agents, NIN/BVN agents, agent network managers.

The Central Bank of Nigeria (CBN) has debunked the claim that the country’s Central Bank Digital Currency (CBDC), the naira,...

In the month of May, credit to key sectors of the economy and consumers declined by 0.6% and 0.9% respectively.

Eric Umeofia has alleged that bank officials demand a compromise payment of N50 or N70 to a dollar from importers...

The Nigerian Government disclosed that the President Bola Tinubu administration appointed a new management team for the Central Bank of...

Nigerian leading commercial banks recorded significant FX revaluation gains estimated at a combined gain of about N1.7 trillion in the...

Nigeria's leading commercial banks suffered loan losses estimated at a combined $1 billion in the first half of 2023. 

Nigerian banks continued to harness fintech in H1 2023, reaping a substantial N192.010 billion in revenue from electronic ventures.