Banking

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...

In the first quarter of 2024, Nigeria witnessed a notable rise in Point-of-Sale (POS) fraud cases, emphasizing the urgent need...

The Corporate Affairs Commission (CAC) has announced plans to cancel the certificates of incorporation for Bureau De Change (BDC) operators...

The amount of currency circulating outside the Nigerian banking system surged to a new peak of N3.71 trillion in May...

In a remarkable turn of events, Nigerian banks experienced a substantial decrease in financial fraud losses during the first quarter...

The British pound has shown considerable strength against both the Nigerian naira and the U.S. dollar, providing much-needed stability in...

The Nigerian Exchange Limited (NGX) has imposed fines totaling N76.8 million on nine listed firms, including two banks, for failing...