Banking

First City Monument Bank (FCMB) has introduced a groundbreaking product known as FCMB Airtime Advance. This innovative solution enables customers...

The financial world has been eagerly anticipating interest rate cuts from major central banks by the end of 2023. However,...

  In a significant move, the Nigerian Senate has recently made amendments to the Central Bank of Nigeria (CBN) Act,...

In a significant development, the Federal Government of Nigeria has announced that commercial banks in the country can now issue...

The Federal Executive Council has granted approval to a memorandum presented by the National Identity Management Commission (NIMC), allowing commercial...

In a move to address the persistently high inflation rate and various economic challenges, the Central Bank of Nigeria (CBN)...

The International Monetary Fund (IMF) recently released a report titled "Nigeria's eNaira, One Year After," revealing that 98.5% of eNaira...

Central Bank of Nigeria (CBN) has revoked the operating licenses of several microfinance banks, finance companies, and primary mortgage banks...

The digital currency industry experienced a significant setback recently as Digital Currency Group (DCG) failed to make a $630 million...

Following the relaxation of currency redesign and cashless measures by the Central Bank of Nigeria (CBN), indications suggest that Nigerians...