First City Monument Bank (FCMB) has launched an accelerator programme to upskill and grow over one million small and medium-sized enterprises (SMEs) in Nigeria. Partnering with...
Central Bank of Nigeria (CBN) uncovered invalid foreign overdue claims totalling $2.4 billion, which have pressured the naira for long and spooked the currency market, Olayemi...
A finance worker at a multinational firm was tricked into paying out $25 million to fraudsters using deepfake technology to pose as the company’s chief financial...
Central Bank of Nigeria (CBN), has issued a 50-cent Cash Reserve Requirement levy on the lending shortfall that will be enforced for banks that do not...
Central Bank of Nigeria (CBN) has said that it has no plans to convert domiciliary account holdings valued at 30 billion dollars into Naira. Mrs Hakama...
Central Bank of Nigeria (CBN) on Friday announced the discontinuing of daily Cash Reserve Requirements (CRR) debits and introducing a revised mechanism. This was announced in...
United Bank for Africa (UBA) Plc , Africa’s Global Bank, has announced the appointments of Ms. Mary Mulili and Mr Mohamed Alhajie Samoura, as the new...
Central Bank of Nigeria (CBN) has prohibited banks and financial technology companies (fintechs) from offering international money transfer services. This development is outlined in the revised...
In today’s world of e-commerce, the right financial tool can gravitate from the more technical accounting software and payroll management tool to the less complicated but...
Financial industry experts are warming up for the first edition of Payments Forum Nigeria (PAFON), scheduled for the first quarter of this year. The Payments Forum...
