The Central Bank of Nigeria has denied claims that it plans to re-denominate the country’s currency, Naira, with effect from January 2023. CBN’s Director of…
Fidelity Bank Plc has concluded its banking channel integration optimization with some neobanks and resumed interbank transfers to Opay, Palmpay, Moniepoint via its Mobile App…
The new ‘Strategic Agenda for the Naira’ was announced by the Central Bank of Nigeria, generating a healthy national debate. Before we undertake a nationwide…
Many Nigerians were dazed following reports of the $15 billion foreign debts allegedly accumulated by the Central Bank of Nigeria (CBN) during the tenure of…
The Central Bank of Nigeria (CBN) has revoked the operating licenses of 132 Microfinance Banks, three finance companies and four primary mortgage banks. The list…
Contrary to recent reports, the Nigerian government on Friday insisted that it has not suspended plans to remove petroleum subsidy by June, 2023 The Federal…
No fewer than 173 digital lending applications have been approved to operate in Nigeria by the Federal Competition and Consumer Protection Commission. Of the 173…
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMOs) and other financial institutions to ensure that weekly over-the-counter (OTC) cash withdrawals by…
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has stated she knew nothing about the recent decision of the Central Bank of…