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The Central Bank of Nigeria (CBN) has set a January 31, 2025 deadline for companies that trade foreign currency to...
As Nigerian banks look towards a busy year for the ongoing recapitalisation exercise, there is general expectation that banks of...
The Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make naira notes available through...
Bankit MFB, an emerging financial institution in the Nigerian financial sector, has unveiled its innovative web banking platform to provide...
The holding of US dollars has proven to be an effective hedge against the depreciation of the naira, according to...
The Central Bank of Nigeria (CBN) last week unveiled two innovative financial accounts—the Non-Resident Nigerian Ordinary Account (NRNOA) and the...
The foreign exchange market in Nigeria has witnessed a remarkable transformation, characterised by increased stability and transparency, following recent policy...
The ongoing recapitalisation of Nigeria’s banking sector is set to generate far-reaching benefits, particularly in job creation, wealth distribution, and...
United Bank for Africa (UBA) has significantly improved its customer service rankings, securing second place in SME banking and third...
The Greenwich Group, one of Nigeria’s financial solutions providers, is celebrating 30 years of delivering innovative financial solutions tailored to...
Bankit Africa, a rapidly growing Pan-African Fintech company, has officially launched in Nigeria, introducing a cutting-edge mobile banking app that...
The banking system in Nigeria experienced a notable contraction in liquidity during the third quarter (Q3) of 2024, reflecting tighter...
Nigerian banks have donated multi-million naira relief materials to flood victims in Jigawa State, as part of their ongoing commitment...
Lovonus Microfinance Bank is embracing the festive season with a strong commitment to giving back to its customers and the...
United Bank for Africa (UBA) Plc will utilise the net proceeds of its ongoing N239.4 billion rights issue to invest...