OPay, leading the charge in mobile-based payments, has pledged to implement a thorough removal process for accounts lacking a Bank Verification Number (BVN) and/or National Identification...
Central Bank of Nigeria (CBN) has granted approval in principle to Access Holdings Plc, the parent company of Access Bank, to establish Oxygen X Finance Company...
Leo Stan Ekeh, Serial digital entrepreneur has spotlighted the chief reasons why multinationals are exiting Nigeria and warned that if nothing was done, more of such...
Rating agency, Fitch Ratings, has said that increased regulatory actions or funding instability may lead to a downgrade rating for Union Bank of Nigeria. In its...
There is a growing concern among workers as the Central Bank of Nigeria (CBN), commenced the decongestion of its head office in Abuja, affecting 1,533 staff....
Central Bank of Nigeria (CBN) last week debited some commercial banks to the tune of N576.20 billion through the Cash Reserve Requirement (CRR). CRR is the...
The Central Bank of Nigeria (CBN) has announced the disbursement of $61.64 million to foreign airlines through various Deposit Money Banks (DMBs). This disbursement, as disclosed...
Nigeria has lifted the ban on bank accounts for cryptocurrency firms, signaling a pivotal shift in the country’s stance towards digital assets. The move is expected...
NOVA Merchant Bank Limited, a leading merchant bank in Nigeria, has announced that it is set to begin its conversion to full Commercial Banking Business following...
Central Bank of Nigeria (CBN) has recovered N264.04 billion from borrowers under its development financing programmes in the first six months of 2023. According to the...