Banking

The Federal Government's (FG) deficit spending rose sharply by 28% year-on-year (YoY) to N12.1 trillion in the first ten months...

The African Development Bank (AfDB) has disclosed that African nations will need $74 billion to service their debt obligations in...

PalmPay, a leading Nigerian fintech platform, has announced a new collaboration with Jumia, the popular e-commerce giant. This partnership enables...

The Nigerian Foreign Exchange Market (NAFEM) recorded a significant increase in dollar trade volume, with turnover rising by 61.9% year-on-year...

In a move to ease cash availability, Deposit Money Banks in the Federal Capital Territory have raised their maximum over-the-counter...

The Central Bank of Nigeria (CBN) has announced plans to penalize commercial banks that fail to provide cash to customers...

The Central Bank of Nigeria (CBN) is set to unveil its newly redesigned website today, December 2, 2024, as part...

The House of Representatives has resolved to summon the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, alongside...

The Central Bank of Nigeria (CBN) has raised the country’s Monetary Policy Rate (MPR) by 25 basis points, bringing it...

The Central Bank of Nigeria (CBN) has extended the deadline for Bureaux De Change (BDC) operators to meet new recapitalization...