The Federal Government, through the Federal Ministry of Industry, Trade, and Investment (FMITI), has appointed Bank of Industry (Bol) to disburse three funds totaling N200 billion...
Electronic payment transactions in Nigeria rose to N600 trillion in 2023, hitting an all-time high as more Nigerians embrace cashless payments. According to the data released...
The Bank of Industry (BoI) and the International Finance Corporation (IFC) have partnered to enhance the accessibility of finance and export credit, contributing to the advancement...
The Federal Competition and Consumer Protection Commission (FCCPC) has raised an alarm over what it described as an upsurge in violation of its Limited Interim Regulatory/Registration...
In a bid to raise awareness and ramp up sensitization for data privacy and protection as part of activities marking the National Privacy Week 2024, the...
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...