Section

FINANCIAL SERVICES

Banking, Insurance and general financial services news

Currencies 1 min
The sliding naira will reduce savings in Nigerian Banks, dampen growth – Economists
By Paul Atuma
Breaking News 1 min
CBN stops international oil companies from remitting 100% of forex proceeds abroad 
By Aghogho Udi
Exclusives 1 min
Miners’ debt to banks rises 296% in Q3 2023 amidst states’ bans
By Sami Tunji
Financial Services 1 min
Active bank accounts in Nigeria reached 151 million in 2022 -NIBSS 
By Samson Akintaro

More Stories

Economy

Nigeria’s economic reforms will boost credit outlook in 2024- Standard Chartered 

Companies

Wigwe: Access Holdings set to announce new Acting Group CEO  

Financial Services

NIBSS server down as Nigerian customers’ lament 

Currencies

CBN edges towards free float of naira with discontinuation of cap on forex transactions 

Economy

Banking sector: Economic downturn may increase loan defaults in 2024 

Currencies

CBN discontinues ±2.5% cap spread on Interbank FX transactions

Currencies

International transfers through Western Union, others to be paid out in naira

Financial Services

Nigeria’s internet connections hit 162 million in November 2023, 5G is 0.96%

Financial Services

Top 10 loan apps in Nigeria by user ratings as of January 2024

Financial Services

OPay, Palmpay, and others processed N46.6 trillion transactions in 2023 – NIBSS