Banking

The Central Bank of Nigeria (CBN) has raised its benchmark interest rate by 50 basis points to 27.25% following a...

The Nigerian stock market continues to maintain its bullish trend as anticipation builds around the Central Bank of Nigeria's (CBN)...

HabariPay, the fintech arm of Guaranty Trust, has started legal proceedings to recover ₦1.1 billion ($1.1 million) that was mistakenly...

Liquidity in Nigeria’s banking sector has surged significantly, reaching ₦1.2 trillion, marking a 62.4% increase on a week-to-week basis, according...

Ecobank Kenya suffered significant financial losses, amounting to millions of dollars, between 2020 and 2022 due to weaknesses in its...

The Nigerian naira depreciated further against the U.S. dollar, closing at N1,656.49 on September 17, 2024, at the official Investor...

Seven major Nigerian banks have reported a combined revenue of N132.45 billion from their e-business operations in the first half...

Despite a challenging economic environment, six Nigerian commercial banks reported a combined profit before tax of N979.19 billion for the...

In a startling display of market volatility, Wall Street recently experienced a dramatic sell-off, erasing more than $1.05 trillion in...

In a notable financial turnaround, six prominent Nigerian banks have reported substantial increases in pre-tax profits for the first half...