Banking

Zenith Bank Plc has announced plans to raise approximately N290 billion in fresh capital, surpassing the N230 billion required by...

The Central Bank of Nigeria (CBN) has announced a new policy clarifying that only accounts inactive for over ten years...

The federal government of Nigeria has unveiled plans to issue $500 million in domestic dollar-denominated bonds within the next three...

In a significant move, the Nigerian Senate has passed an amendment to the 2023 Finance Act, increasing the windfall levy...

The Central Bank of Nigeria (CBN) has raised the interest rate by 50 basis points, bringing it to 26.75%. This...

In a significant move to bolster their technological capabilities, three major Nigerian banks—GTCO, Access Holdings, and Fidelity Bank—are set to...

The Central Bank of Nigeria (CBN) has reported a significant increase in foreign exchange inflows through International Money Transfer Operators...

In a surprising move, the People's Bank of China (PBOC) has slashed its key short-term policy rate and benchmark lending...

As of March 2024, nearly three years post-launch, Nigeria’s Central Bank Digital Currency (CBDC), the eNaira, constitutes less than 1%...

Nigeria’s leading commercial banks have reported substantial foreign exchange (FX) revaluation gains, amassing a combined total of N3.37 trillion in...