The Central Bank of Nigeria (CBN) has disclosed that credit to the Federal Government increased by 57.11 percent to N31.15tn in August from N19.83tn reported in...
The Central Bank of Nigeria (CBN) has extended the deadline for processing charges on cash deposits from September 30, 2024 to March 31, 2025. The apex...
Experts have said that the operations of commercial banks and their continuous existence may be severely affected if the worsening online fraudulent activities against financial institutions...
The United Bank for Africa (UBA), a leading financial institution in Nigeria and Africa, grew its interest income by 134% from N428.292 billion in the first...
Despite Nigeria’s rising debt profile, the Federal Government has received approval from the World Bank for additional loan requests totaling $1.57 billion. The World Bank said...
The board of FBN Holdings Plc on Thursday announced that billionaire Olufemi Otedola has increased his holdings in the company a few weeks after Oba Otudeko’s...
Nigeria Interbank Settlement System (NIBSS) reported a N572 trillion cashless boom due to an increase in electronic instant transfers in the country, resulting in a decline...
The Centre for the Promotion of Private Enterprise (CPPE) has warned the Central Bank of Nigeria (CBN) and its Monetary Policy Committee of the dangers of...
Following the flood that rendered over 4.4 million people homeless in six African nations, the European Union (EU) has announced €5.4 million in humanitarian aid to...
The United Bank of Africa (UBA) has solidified its position as a leading financial institution, not just in Nigeria, but across the African continent and beyond....
