The Central Bank (CBN) threatened on Friday to sanction banks denying Small and Medium Enterprises (SMEs) access to foreign exchange (Forex) from the newly instituted SMEs Forex Window.
A new poll has revealed that 41 percent of respondents are aware of the recent circulation of counterfeit currencies (also known as fake Naira notes) in the country, and
Nigeria Inter-Bank Settlement System Plc (NIBSS) has said total volume of Instant Payment (NIP) transactions recorded 154.5 million with value of N38.2 trillion in 2016
Mr. Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), said that financial education remains of great importance to the bank, until financial services becomes
FXTM Chief Market Strategist Hussein Sayed comments on U.S. markets will remain the key driver for global investors. Markets are calmer today after a steep selloff on
United Bank for Africa (UBA) Plc, the pan-African financial services group, operating in 19 African countries, has released its audited 2016 full year results, showing
African Youth Peace Call (AYPC), Nigeria, is set to host CoinFest Nigeria, an international gathering of BitCoiners, Crypto-Enthusiasts, Programmers/Developers, (
FXTM Chief Market Strategist Hussein Sayed comments on the impact on equities as Republicans pull healthcare bill: U.S. equities suffered their worst weekly performance
As part of its commitment to creating a safe and secure transaction environment for merchants and financial institutions in the region, Mastercard hosted a mock hack, a
LG has set eyes on launching a payment services in June. The South Korean electronics maker LG plans to roll out its mobile payment app alongside with its U.S brand’s
The Naira Thursday appreciated to N385 per dollar in the Abuja segment of the parallel market, causing panic and confusion among bureaux de change (BDC) operators.