Due to a lack of cash in the financial system, Nigerian banks have taken a record N1.2 trillion loan from the CBN to keep ...

Bank accounts are essential tools for managing personal finances, and in Nigeria, there are several types to suit different ...

Parallex Bank, First City Monument Bank (FCMB), and Ecobank Nigeria are giving out monetary gifts to customers through ...

As the economic woes in Nigeria have been on the increase, so have the loan default rates. The lates CBN survey report shows ...

Nigeria is set to welcome its first fully compliant stablecoin, cNGN, licensed by the CBN and the SEC. Stablecoins are ...

Nigerian banks have successfully raised N1.7 trillion in the first phase of the Central Bank of Nigeria’s recapitalization drive. The development comes as Nigeria’s banking sector recorded a ...

Instead, he pointed to a POS operator stationed nearby, ready to facilitate the transaction for a fee. For a ₦16,000 transfer ...

But not deterred by the state of the economy, the Executive, deploying its targeted fiscal policy initiatives in sync with the monetary policies of the Central Bank of Nigeria (CBN), has its eye ...

Governor of the Central Bank of Nigeria, Olayemi Cardoso, has issued a stern warning to commercial banks and Bureau De Change ...

At the last meeting in September, the monetary authorities extended the bench- mark rate to 27.25%, a new record ...

Insecurity has been identified as a significant barrier to Micro, Small, and Medium Enterprises (MSMEs) accessing bank financing. Professor Chris ...

Donald Trump’s return as US president saw the signing of a flurry of executive orders aimed at immigration, energy policy, ...