Central Bank of Nigeria (CBN) has announced a remarkable $6.83 billion balance of payments surplus for 2024, marking a decisive turnaround from deficits of $3.34 billion...
Nigeria may soon exit the Financial Action Task Force (FATF) grey list, Emomotimi Agama, director-general, Securities and Exchange Commission (SEC), has said. This is with the...
Nigeria has approached the World Bank for a fresh $10.50m loan to enhance the Central Bank of Nigeria’s (CBN) technical capacity and modernise the country’s domestic...
Depositors of Heritage Bank (in-liquidation) with balances exceeding the insured sum of ₦5 million will be paid from the sale of physical assets and debt recovery...
Titan Trust Bank has selected Oracle FSS for its core and digital banking technology, it is understood. The start-up bank recently obtained its license by the...
Depositors of Heritage Bank with deposits exceeding N5 million have appealed to the National Assembly to intervene and assist in the resolution of the bank’s license...
United Bank for Africa (UBA) Plc. Africa’s Global Bank, has launched the Afrigo Card, a revolutionary domestic card scheme aimed at transforming the Nigerian payments landscape....
The exchange rate stabilised in the FX market as the Central Bank of Nigeria (CBN), defended the local currency with $360 million, stemming a negative tide...
Central Bank of Nigeria (CBN) has raised alarm over the commoditization of Naria in commercial cities in the country and enlisted security and law enforcement agents...
Daphne Dafinone, an ally of Olayemi Cardoso, governor, Central Bank of Nigeria (CBN), is facing prosecution over an alleged N100 million fraud. Dafinone who is also...
