The Central Bank of Nigeria (CBN) has directed commercial banks and other financial institution operating in the country to allow customers operating savings accounts to lodge...
The Central Bank of Nigeria (CBN) has stopped hundreds of global remittance companies from operating in the country. The affected firms will no longer receive nor...
Ecobank Nigeria has launched “Move on Up”, a new fully-integrated consumer advertising campaign. Move on Up is centered on the bank’s drive to ensure that consumers...
The Central Bank of Nigeria (CBN) has disclosed that since the migration of e-payment from magnetic strip cards to EMV (chip + pin) in 2009 by...
Skye Bank Plc has disclosed that it received more than N100 billion or US$315 million in liquidity from the Central Bank of Nigeria (CBN), which was...
African Export-Import Bank (Afreximbank) has provided a $150 million funding support for Heritage Bank Limited.
In a drive towards establishing a presence in Francophone West Africa market, Standard Bank – trading as Stanbic Bank, has been formally awarded a banking license...
Director General of the Lagos Chamber of Commerce and Industry (LCCI), Mr. Muda Yusuf, has condemned the decision of the Monetary Policy Committee (MPC) of the...
Contrary to the belief that the Nigerian economy is heading towards recession, some financial analysts have said that the country is already in recession but tasked...
Outgoing Group Managing Director of pan-African banking group, United Bank for Africa (UBA) Plc, Mr Philips Oduoza, has called for increased collaboration among African central banks...