The International Monetary Fund (IMF) has reiterated the risks involved in Central Bank Digital Currency (CBDC), urging countries to embrace the payment method in monetary transactions....
Instead of looking at how to provide a good service to their customers, Nigerian businessmen prefer to acquire controlling interests in banks to have a say...
The Federal Ministry of Finance, Budget and National Planning has been reprimanded over an unapproved N17 billion from the Sovereign Wealth Fund, SWF under its control...
Central Bank of Nigeria’s approved Targeted Credit Facility (TCF) COVID-19 loans bank, Nirsal Microfinance Bank is calling on all borrowers to commence repayment of loans granted...
The House of Representatives of the Nigerian legislature has raised alarm over the unclaimed funds amounting to N1.2 trillion sitting in 45 million bank accounts without...
In furtherance of its appreciation of customers, whilst promoting the adoption of mobile payment solutions in the country, FirstBank is rewarding holders and customers of its...
N170 billion loss hit Zenith Bank Plc on Friday as the Central Bank of Nigeria, CBN debited 14 banks of N356.1billion for failure to meet its...
Stanbic IBTC Bank PLC, a member of Standard Bank Group, has opened a new branch in the Lekki Free Trade Zone (LFTZ), Ibeju-Lekki axis of Lagos...
Investors in the Nigerian stock market saw their portfolio rise by N579 billion last week as the Nigerian Exchange Limited (NGX) market capitalisation appreciated by 2.33...
Paul Vernon, CEO of the cryptocurrency exchange Cryptsy, was indicted on seventeen counts, including tax evasion, wire fraud, money laundering, computer fraud, and more. It is...