CBN Grants Licences to 11 Money Transfer Operators The Central Bank of Nigeria on Tuesday said it had approved the licences of eleven international money transfer...
U.S. consumer confidence rose in August to its highest level in 11 months, suggesting economic growth could pick up in the second half of the year....
In bid to ensure financial system stability and integrity, while restoring calm, the Central Bank of Nigeria (CBN) will today meet with the Body of Bank...
In order to enhance service quality in the bank, Union Bank of Nigeria Plc in conjunction with CBC Netcomms, has launched Nigeria’s first street WiFi network...
The Central Bank of Nigeria has directed the Deposit Money Banks to conduct ‘Know Your Customers’ Business’ to ensure customers do not make illicit remittances through...
A steady decline in the traditional cheque transaction may push the growth of mobile money in the country, a new report has shown. There have been...
The Federal Government’s drive to diversify the economy and encourage local production and consumption, has received another boost with A&P Foods, the local manufacturer of McVitie’s...
Two foremost rating agencies, Moody’s and Augusto & Co. have affirmed that Heritage Bank’s capitalisation remains sound in relation to its low asset risk model and...
As four of the nation’s crude oil grades remain under force majeure and the schedule for two other grades face delay, the country is losing at...
The Central Bank of Nigeria on Wednesday said it had re-admitted the United Bank for Africa into the foreign exchange market. The directive, according to the...