First Bank, World Remit Collaborate on Digital Money Transfers First Bank of Nigeria Limited has struck a partnership with WorldRemit to provide digital money transfer service...
Nigeria Clears Foreign Airlines’ $600m Trapped Funds The International Air Transport Association on Tuesday announced that Nigeria had cleared the backlog of $600m trapped funds belonging...
FG Offers Investors Fresh Savings Bonds The Federal Government, on Monday, offered a two-year and three-year savings bonds for subscription. The Debt Management Office said in...
Stock Market Records First Gain in 12 Days The nation’s stock market closed on a positive note at the end of trading on Monday after declining...
Forex: CBN Approves Wider Margin for BDCs The Central Bank of Nigeria has approved an upward review of the trading margin available to operators of Bureau...
Nigeria Lagging Behind in Financial Inclusion, Mobile Money ― IFC The International Finance Corporation has said Nigeria is lagging behind its peers in sub-Saharan Africa in...
Banks’ Daily CBN Loans Hit N216b Banks’ average daily loan requests from the Central Bank of Nigeria (CBN) stands at N216.34 billion due to the apex...
RMB to Launch Stockbroking Arm in Nigeria Rand Merchant Bank is set to launch its stockbroking arm in Nigeria, as part of its fifth anniversary celebration....
CBN Postpones USSD Framework Implementation The Central Bank of Nigeria has extended the start date for the implementation of the regulatory framework for use of unstructured...
OTC Trade Settlement: CBN Orders Banks to Pledge N1bn The Central Bank of Nigeria has ordered the pledge of N1bn worth of government or the CBN...