Study Confirms Counterfeit Naira Notes Circulation on Increase

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

Instant Payment Hits N38.2trn Transactions Milestone in 2016 – NIBSS

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

Godwin Emefiele, Governor, Central Bank of Nigeria

Emefiele Says CBN Concerned about the Unbanked

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: Markets Recover after Dow Suffered Longest Losing Streak since 2011

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

Kennedy Uzoka, GMD/CEO of UBA

UBA Grows Profit Before Tax by 32%, Declares 55kobo Dividend

 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

AYPC Set to Host BitCoiners, Others at ‘CoinFest’

African Youth Peace Call (AYPC), Nigeria, is set to host CoinFest Nigeria, an international gathering of BitCoiners, Crypto-Enthusiasts, Programmers/Developers, (

FXTM: Reflation Trade Took Its First Hit, Is Trumps’ Honeymoon Over?

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

Mastercard Prepares FinInstitutions, Merchants to Deal with Hacks & Data Breaches

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 Discloses Plan to Launch Payment App

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

Forex Dealers Panic as Naira Recovers to N385/$

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.