Financial Services

The Association of Bureau de Change Operators of Nigeria (ABCON) has reacted to the news of the Central Bank of...

Nigeria’s foreign exchange (FX) reserves declined significantly by $1.16 billion in January 2025, wiping out the $592.58 million gain recorded...

The value of transactions over Point of Sales (PoS) terminals in Nigeria surged to N18 trillion in 2024, hitting an...

The Central Bank of Nigeria (CBN) has extended the deadline for Bureau de Change (BDC) operators to access the Nigerian...

Adesola Adeduntan, the former Chief Executive Officer of FirstBank, has launched a new financial services firm, Sequoia Financial Services Limited,...

The latest data released by the Nigeria Inter-Bank Settlement Systems (NIBSS) has revealed that licensed mobile money operators including Palmpay,...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has emphasized the need for sustained vigilance and a...

The latest data released by the Nigeria Inter-Bank Settlement System (NIBSS), has revealed that the number of active bank accounts...

Electronic payment transactions in Nigeria rose to N1.07 quadrillion in 2024, reaching an all-time high and the first time to...

Bureau de Change (BDC) operators in Nigeria have expressed optimism about the Naira's prospects in 2025, forecasting a stronger currency...